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


 Mar 09, 2018
Miranda Closes $1.5 Million as Tranche One of Recently Announced Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Vancouver, BC, Canada -- March 9, 2018 -- Miranda Gold Corp. ("Miranda") (TSX-MAD) has closed "Tranche One" of its recently announced non-brokered private placement with aggregate gross proceeds of $1,513,187.50 from the sale of 27,512,500 units at a price of $0.055 per unit (a "Unit").  Each Unit comprises one common share and one non-transferable common share purchase warrant (a "Warrant").  Each Warrant entitles the holder thereof to purchase one additional common share of Miranda at a price of $0.12 until March 9, 2022.  The common shares issued, and any common shares issued pursuant to the exercise of Warrants prior to July 9, 2018, will be restricted from trading until July 9, 2018.

The Company paid finder's fees in cash, to persons who introduced it to investors of $36,773.55.

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

Corporate Profile

Miranda is a gold exploration company active in Colombia.  Miranda employs a prospect generator and joint venture business model.  Miranda focuses on generating projects with world-class discovery potential, and then joint ventures multiple projects to maximize the chance of discovery, while reducing economic risk and shareholder dilution.  Miranda has an ongoing relationship with IAMGold Corporation.

ON BEHALF OF THE BOARD

"Joseph Hebert"

Joseph Hebert
Chief Executive Officer
+1-775-340-0450
Email:

For more information visit the Company's web site at www.mirandagold.com or contact Joseph Hebert, CEO at 775-340-0450.

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.

File: http://www.mirandagold.com/i/pdf/2018-03-09_NR_MAD.pdf
 108 KB, approx. 21 seconds at 56.6Kbps
 
 

You can view the Next News Releases item: Tue Mar 20, 2018, Miranda Closes $1.5 Million Private Placement

You can view the Previous News Releases item: Thu Feb 1, 2018, Miranda Modifies Terms Of Recently Announced Private Placement

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