Vancouver, BC – TheNewswire - September 23, 2025 – Muzhu Mining Ltd. (CSE:MUZU) (FSE:Y33) (OTCQB:MUZUF) (“Muzhu” or the “Company”) is pleased to announce that the Company has completed its’ private placement announced on September 10, 2025 for gross proceeds of $175,000 from the sale of 1,750,000 flow-through units at a price of $0.10 per unit.  Each flow-through unit consists of one flow-through common share and one common share purchase warrant entitling its holder to purchase one common share at $0.14 for a period of 3 years from the date of issuance.  The proceeds from the financing will be used for exploration purposes.

 

$14,000 in cash was paid by the Company included the grant of 140,000 share purchase warrants to a finder with respect to the private placement.  All of the securities distributed under the foregoing private placement are subject to a four-month hold period, which will expire on January 18, 2026.  

 

Proceeds will be used for Canadian mineral exploration projects.

 

ON BEHALF OF THE BOARD OF DIRECTORS

Dwayne Yaretz,

CEO

 

Muzhu Mining Ltd.

Phone: 778-709-3398

Email: info@muzhumining.ca

Website: www.muzhumining.ca

 

Muzhu Mining Ltd. is a Canadian publicly traded exploration company with a portfolio of highly prospective projects at various stages of development. Muzhu currently holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt, approximately 75km South of Matagami, Quebec. As well, Muzhu has executed two option agreements to acquire up to 80% of the Silver, Zinc, Lead XWG and LMM Properties and is currently pursuing an exploration agreement at the WLG mine, all located in the Henan Province, China.

 

Neither the Canadian Securities Exchange (the “CSE”) nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.