VANCOUVER, BC, Aug. 24, 2022 /CNW/ – Mineral Mountain Resources Ltd. (“Mineral Mountain” or the “Company“) (TSXV: MMV) (OTCQB: MNRLF) (FRANKFURT: M8M) further to its August 2, 2022 news release, the Company is pleased to announce that it has filed documents with the TSX Venture Exchange (the “Exchange”) for approval to close the first tranche of its $0.07 unit financing (the “Financing”) for aggregate gross proceeds of $200,190. Subject to Exchange approval, the Company will now issue 2,859,857 units (“Units), each Unit consisting of 1 common share and 1 common share purchase warrant, each warrant being exercisable for an additional common share at an exercise price of $0.15 for a period of 6 months. With Exchange approval cash finder’s fees of $8,119.30 will be paid to an arm’s length finder.
The remainder of the Financing is expected to close in two more tranches: a) the second…
