- Mexican Gold Mining Corp. (MEX) has announced a non-brokered private placement for gross proceeds of up to $900,000
- The company will offer up to 7,500,000 units at a price of $0.12 per unit
- The net proceeds raised will be used to fund continuing company operations
- Mexican Gold is a Canadian-based mineral exploration and development company
- Mexican Gold Mining Corp. (MEX) opened trading at C$0.015
Mexican Gold Mining Corp. (MEX) has announced a non-brokered private placement to raise gross proceeds of up to $900,000.
The company will offer up to 7,500,000 units at a price of $0.12 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant will be convertible into an additional common share at an exercise price of $0.15 for a period of 36 months.
The net proceeds will be used to fund continuing company operations.
All securities issued will be subject to a statutory four-month hold period.
Mexican Gold is a Canadian-based mineral exploration and development company exploring and advancing the Las Minas Project, located in Veracruz State, Mexico.
Mexican Gold Mining Corp. (MEX) opened trading at C$0.015.