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Aztec Minerals Closes Its Oversubscribed $3.4 Million Private Placement Financing With Alamos Gold As Strategic Investor

PUBLIC · AZZTFJun 07, 2022

Amount Raised

$3.4 Million

Round Type

Seed

VancouverOtherMining

Description

VANCOUVER, BC / June 7, 2022 / Aztec Minerals Corp. (TSX.V:AZT)(OTCQB:AZZTF) ("Aztec" or the "Company") announces that it has closed its oversubscribed CAD$3.4 million non-brokered private placement equity financing. The private placement consisted of 11.4 million units priced at CAD$0.30 per unit for gross proceeds of CAD$3.4 million (the "Offering"). The Offering was first announced in the Company's press release dated May 16, 2022 for gross proceeds of up to CAD$3 million

Quick answer

Aztec Minerals raised $3.4 Million in a Seed round, dated June 7, 2022. Aztec Minerals is based in Vancouver, British Columbia, Canada.

How much did Aztec Minerals raise?
Aztec Minerals raised $3.4 Million in a Seed round on June 7, 2022.
What does Aztec Minerals do?
Aztec is a mineral exploration company focused on two emerging discoveries in North America.
Where is Aztec Minerals based and how big is it?
Aztec Minerals is based in Vancouver, British Columbia, Canada. Fundz records about 4 employees.
Who are the decision-makers at Aztec Minerals?
Fundz holds 1 contact at Aztec Minerals, including the Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining around the same time

Companies in the same sectors as Aztec Minerals that raised within 45 days of this round, from Fundz verified event records.

  • Bravo Mining raised $4.2M (Seed) on July 21, 2022.
  • Franco-Nevada Corporation raised an undisclosed amount (Funding Round) on July 18, 2022.
  • Minera Alamos raised $3M (Seed) on July 15, 2022.
  • Eminent Gold raised $81K on July 11, 2022.
  • REUNION GOLD CORP raised $9.8M on July 8, 2022.
  • Lion Copper Corp. raised $750K (Seed) on July 8, 2022.

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Company Information

Company

Aztec Minerals

Location

#1030, 505 Burrard Street

Vancouver, British Columbia, Canada

About

Aztec is a mineral exploration company focused on two emerging discoveries in North America. The Cervantes project is an emerging porphyry gold-copper discovery in Sonora, Mexico. The Tombstone project is an emerging gold-silver discovery with high grade CRD silver-lead-zinc potential in southern in Arizona. Aztec's shares trade on the TSXV (symbol AZT) and on the OTCQB (symbol AZZTF).

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Related People

1 contact
Verified contactsBlaine B., Executive OfficerSee plans and pricing
Predictive Intelligence
Strategic

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Aztec Minerals raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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