MURCHISON MINERALS LTD. Increases Non-Brokered Private Placement to $800,000
February 26, 2021 (Toronto, Ontario): Murchison Minerals Ltd. (“Murchison” or the “Company”) (TSXV: MUR) announces a further increase of the non-brokered private placement (“the Private Placement”) to $800,000 (see press releases dated February 12 and February 16, 2021). The Private Placement is subject to all regulatory approvals with the net proceeds directed towards exploration, working capital and for other general and administrative costs.
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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.