Mirasol Resources Ltd V.MRZ

Alternate Symbol(s): MRZLF

Metals & Mining Industrial Metals & Minerals

Mirasol Resources Ltd. is a Canada-based mineral exploration company focused on quality copper, gold and silver discoveries in the mining regions of Chile, and Argentina. The Company is focused on the Sobek project and Inca Gold project in Chile. In addition, it controls 100% of the high-grade Virginia Silver Deposit and has an option agreement in Argentina on the Claudia project. The Sobek project include Sobek Central, Sobek North and Rosita. The 16,300 hectares (ha) Inca Gold project is located in Region III of Chile approximately 100 km north of Copiapo. The Virginia Silver Deposit is 100% owned and operated by the Company and has approximately 74,429 ha. The Company has various pipeline projects, such as Altazor Gold (Copper) Project, Coronacion Copper-Gold Project, Gorbea Gold (Copper) Project, Nord Polymetallic Project, Rubi Project, Libanesa Gold and Base Metals Project, Tefnut Prospect - San Juan Porphyry Cu Projects and Homenaje Gold-Silver Project, among others.

TSXV:MRZ - Post by User

Mirasol Resources Ltd

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Post by riverrowon Dec 04, 2009 9:22am

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Post# 16553720

News = Financing = Dilution

Mirasol Resources to raise $3.5-million for exploration

2009-12-04 08:51 ET - News Release

Ms. Mary Little reports

MIRASOL ANNOUNCES $3.5 MILLION NON-BROKERED PRIVATE PLACEMENT

Mirasol Resources Ltd. has arranged a non-brokered private placement consisting of up to 2.8 million units at a price of $1.25 per unit, for gross proceeds of up to $3.5-million. The units will comprise one common share and one-half of one share purchase warrant. One whole warrant will entitle the holder to purchase one common share for a period of two years at a price of $1.50 per share for the first year, and $1.75 per share for the second year.

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