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Aztec Minerals Closes $1 Million First Tranche Of Private Placement Financing

Aztec Minerals Closes $1 Million First Tranche Of Private Placement Financing

11/01/21, 8:00 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgvancouver
("Aztec") announces that it has closed the first tranche of its recently announced private placement equity financing (the "Private Placement"). The first tranche of the Private Placement consisted of 3.33 million units priced at CAD$0.30 per unit for total proceeds of CAD$1 million. The financing was previously announced by Aztec in a press release dated October 7, 2021 for gross proceeds of CAD$1.05 million. Each Unit consisted of one common share in the capital of the Company and one warrant exercisable to purchase an additional common share at an exercise price of CAD$0.40 for a two-year period following the closing of the Private Placement

Company Info

Company
Aztec Minerals
Location
vancouver, washington, united states
Additional Info
- 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"