Brixton Metals Corporation press release
Mistango Announces Eric Sprott Led $2M Financing
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Canada NewsWire
TORONTO, May 12, 2020
TORONTO, May 12, 2020/CNW/ - Mistango River Resources Inc. (CSE: MIS, "Mistango" or the "Company") is pleased to announce an up to $2,000,000non-brokered flow-through ("FT") private placement financing that will be led by Eric Sprottas the lead order for $1,500,000.
"We are excited to announce yet another financing from Mr. Sprott, who continues to invest in Mistango, its assets and its team. This additional capital will be devoted to the exploration and drilling of our Eby-Baldwinproperty which is contiguous Kirkland Lake Gold'sMacassa Project and forms the western extension of numerous major structures, including the Amalgamated, Main and Cadillac breaks," said Stephen Stewart, Director of Mistango River Resources.
Terms of the financing as follows:
FT units priced at 27.5 centsconsisting of one flow through common share plus one half warrant, each full warrant being exercisable into one common share at 35 centsfor 2 years.
Accredited investors interested in participating in this private placement should contact Stephen Stewartdirectly.
Mistango is a Canadian-based exploration and development company focusing on its Eby-Baldwinand Omega Mine projects near Kirkland Lake, Ontario.
SOURCE Mistango River Resources Inc.
View original content: http://www.newswire.ca/en/releases/archive/May2020/12/c9177.html
Stephen Stewart, Director, Phone: 416.644.1567, Email: sstewart@minvestpartners.com, www.Mistango.comCopyright CNW Group 2020