Mexican Gold Announces Non-Brokered Private Placement

VANCOUVER, British Columbia, Jan. 24, 2025 (GLOBE NEWSWIRE) -- Mexican Gold Mining Corp. (the “Company” or “Mexican Gold") (TSXV: MEX, OTCQB: MEXGF) is pleased to announce a non-brokered private placement offering of up to 4,000,000 units (the “Units”) of the Company at a price of $0.04 per Unit to raise gross proceeds of up to CAD $160,000.00 (the “Offering”). Each Unit shall consist of one (1) common share (“Share”) in the capital of the Company and one (1) transferable share purchase warrant (“Warrant”), whereby each Warrant shall be convertible into an additional Share at an exercise price of $0.06 for a period of three (3) years from the date of issuance.