logo
logo

Aztec Minerals Closes Its Oversubscribed $3.4 Million Private Placement Financing With Alamos Gold As Strategic Investor

Jun 07, 2022•over 3 years ago

Amount Raised

$3.4 Million

Round Type

seed

Vancouver

Description

VANCOUVER, BC / June 7, 2022 / Aztec Minerals Corp. (TSX.V:AZT)(OTCQB:AZZTF) ("Aztec" or the "Company") announces that it has closed its oversubscribed CAD$3.4 million non-brokered private placement equity financing. The private placement consisted of 11.4 million units priced at CAD$0.30 per unit for gross proceeds of CAD$3.4 million (the "Offering"). The Offering was first announced in the Company's press release dated May 16, 2022 for gross proceeds of up to CAD$3 million

Company Information

Company

Aztec Minerals

Location

Vancouver, Washington, United States

About

- Aztec is a mineral exploration company focused on the discovery of large mineral deposits in the Americas. Our core asset is the prospective Cervantes porphyry gold-copper property in Sonora, Mexico. The historic, district-scale Tombstone property hosts both bulk tonnage epithermal gold-silver as well as CRD massive sulfide silver-lead-zinc-copper mineralization in Cochise County, Arizona. Aztec's shares trade on the TSX-V stock exchange (symbol AZT) and on the OTCQB (symbol AZZTF). "Simon Dyakowski"