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MNRLF - Mineral Mountain Resources announces private placement of up to C$500000
Mineral Mountain Resources Ltd
Canadian mining company, Mineral Mountain Resources (OTCQB:MNRLF) announced a non-brokered private placement of up to 5M units at C$0.10 per unit for gross proceeds of up to C$500,000. Each unit consists of one common share and one common share purchase warrant. Each warrant can be exercised for one year at C$0.25 per share. Net proceeds from the financing will be used to advance the Standby Mine Gold project and for general working capital.