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Mineral Mountain Announces Closing of a Non-Brokered Private Placement23.09.2021 | 19:51 Uhr | CNW
VANCOUVER, Sept. 23, 2021 - Mineral Mountain Resources Ltd. ("Mineral Mountain" or the "Company") (TSXV: MMV) (OTCQX: MNRLF) (FRANKFURT: M8M) announces a correction to its press release dated September 10, 2021 regarding the warrant exercise price issued in connection with a non-brokered private placement (the "Private Placement"). Each Unit consists of a common share (each a "Share") in the capital of the Company and one transferable common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional Share of the Company (a "Warrant Share") at a price of $0.30 per Warrant Share for a period of one year, subject to an accelerated expiry provision. The Units, Shares and Warrant Shares will be subject to applicable resale restrictions, including a four month hold period from date of closing of the Private Placement under applicable Canadian securities laws. Completion of the Private Placement is subject to regulatory approval, including approval of the TSX Venture Exchange. The Company will use the proceeds from the Private Placement to fund the September 1st, 2021 annual renewal fees of the Company's BLM (Bureau of Land Management) mineral claims located in Pennington and Lawrence Counties and general administrative expenses. On Behalf of the Board of Directors Mineral Mountain Resources Ltd. Forward looking information SOURCE Mineral Mountain Resources Ltd.
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