PriceSensitive

Mirasol Resources (TSXV:MRZ) announces extension of NCIB

Mining
TSXV:MRZ
25 November 2021 09:00 (EDT)

Source: Mirasol Resources.

Mirasol Resources (MRZ) is renewing its normal course issuer bid, pending TSX Venture Exchange approval.

Under the terms of the NCIB, Mirasol will purchase for cancellation up to 3,500,000 of its issued and outstanding common shares, representing approximately 6.5 per cent of the company’s outstanding common shares.

The bid will commence on December 15, 2021, and end on December 14, 2022.

Mirasol has retained Haywood Securities Inc. to effect purchases on its behalf.

Purchases will be made on the open market and the price paid for any shares will be the prevailing market price at the time of the purchase.

Mirasol is an exploration company focused in Chile and Argentina.

Mirasol has six partner-funded projects, two with Newcrest Mining Ltd (Chile), and one each with First Quantum Minerals (Chile), Mine Discovery Fund (Chile), Mineria Activa (Chile) and Silver Sands Resources (Argentina).

Mirasol Resources Ltd. (MRZ) opened trading at C$0.43 per share.

Related News