Mirasol Resources Ltd closed a private placement financing, issuing 6,689,445 units at $0.45 per unit for gross proceeds of $3,010,250.25. The funds will be used for exploration programs and general corporate purposes. Directors and officers received 3,350,556 units, constituting a related party transaction. The securities issued are subject to a four-month hold period. The private placement securities have not been registered under the U.S. Securities Act. Mirasol Resources Ltd is an exploration company with experience in Chile and Argentina, currently focusing on the Sobek Copper-Gold Project in Chile.

Read more at GlobeNewswire: Mirasol Resources Closes Private Placement Financing