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Mammoth Resources Corp V.MTH

Alternate Symbol(s):  MMMRF

Mammoth Resources Corp. is a Canada-based precious metal mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company holds a 100% interest (subject to a 2% net smelter royalty purchasable anytime within two years from commencement of commercial production) in the 5,333-hectare Tenoriba gold property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The Tenoriba property is comprised of four concessions: Mapy, Mapy 2, Mapy 3 and Fernanda. It is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above average potential for economic concentrations of precious metals mineralization.


TSXV:MTH - Post by User

Post by honkytonkgirl1on Feb 05, 2021 7:10am
342 Views
Post# 32481640

Over-subscribed PP closed, shareprice free to ride....

Over-subscribed PP closed, shareprice free to ride....
Mammoth's over-subscribed PP (financing) is now closed  WITHOUT WARRANTS !!!

This is quite rare for junior mining companies and it shows that participants must
have great confidence in this Gold Junior.

Another financing (expected at around $.20) to support a drill campaign is due for March.

In the meantime expect the shareprice to rise steadily to the .16 - .18 levels....

All is good!

HTG
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