MURCHISON MINERALS LTD. Announces $4,000,000 Non-Brokered Private Placement
September 29, 2021 (Toronto, Ontario): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV: MUR) today announced that, subject to all regulatory approvals, it intends to raise $4,000,000 in a non-brokered private placement (the “Private Placement”), with the net proceeds directed towards drilling at the HPM nickel/copper/cobalt property in Eastern Quebec, working capital and administrative expenses.
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About Murchison Minerals Ltd. (TSXV: MUR)
Murchison is a Canadian-based exploration company focused on nickel-copper-cobalt exploration at the 100% – owned HPM project in Quebec and the exploration and development of the 100% – owned Brabant Lake zinc-copper-silver project in north-central Saskatchewan. The Company also holds an option to earn 100% interest in the Barraute VMS exploration project also located in Quebec, north of Val d’Or. Murchison currently has 160.1 million shares issued and outstanding.