News Releases

Miranda Gold Corp
15381 - 36th Avenue
South Surrey, BC V3Z 0J5
Tel: (604) 417-4653
Fax: (604) 648-8706
Email:
TSX Venture Exchange Symbol: MAD
Frankfurt and Berlin Stock Exchange Symbol: MRG
NASD OTC Bulletin Board Exchange Symbol: MRDDF


 Feb 01, 2018
Miranda Modifies Terms Of Recently Announced Private Placement

Vancouver, BC, Canada -- February 1, 2018 -- Miranda Gold Corp. ("Miranda") (TSX-V: MAD) announces that it has modified the terms of the private placement announced on January 8, 2018. Miranda now proposes to raise up to $1,720,125 by way of a non-brokered private placement through the issuance of up to 31,275,000 units at a price of $0.055 per unit (a "Unit"). Each Unit will consist of one common share and one non-transferable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional common share of Miranda at a price of $0.12, until expiry four (4) years from the date of closing the private placement. The Company increased the total amount to be raised in this placement by $220,000 to accommodate increased participation by the Board of Directors and management.

The private placement is subject to compliance with applicable securities laws and to receipt of regulatory approval. The Company may pay finders' fees of up to 6% in cash on any portion of the placement.

Proceeds of this private placement will be used to advance generative exploration and project acquisition in Colombia and for general corporate purposes.

About Miranda

Miranda is a gold Prospect Generator active in Colombia. Our emphasis is on acquiring gold exploration projects with world-class discovery potential. Miranda performs its own grass roots exploration and then employs a joint venture business model on its projects to maximize investor exposure to discovery and minimize financial risk. Miranda has an ongoing relationship with IAMGold Corporation.

ON BEHALF OF THE BOARD OF DIRECTORS

Joseph (Joe) Hebert, Chief Executive Officer
+1-775-340-0450
Email: joseph.hebert75@gmail.com
www.mirandagold.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

View News Release in PDF Format:
File: http://www.mirandagold.com/i/pdf/2018-02-01_NR.pdf
 161 KB, approx. 31 seconds at 56.6Kbps
 
 

You can view the Next News Releases item: Fri Mar 9, 2018, Miranda Closes $1.5 Million as Tranche One of Recently Announced Private Placement

You can view the Previous News Releases item: Thu Jan 25, 2018, Miranda Gold Announces Results of the Annual General Meeting of our Shareholders

You can return to the main News Releases page, or press the Back button on your browser.