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Muzhu Mining Announces $125,900 Private Placement
Vancouver, BC — August 8, 2025 — Leads & Copy — Muzhu Mining Ltd. has announced a private placement of 1,259,000 units at $0.10 per unit, generating gross proceeds of $125,900. Each unit includes one common share and one non-transferable share purchase warrant. The warrants allow the holder to purchase one common share at $0.14 per share for the first year and $0.20 per share for the second year, subject to an acceleration provision.
The warrants' exercise term may be accelerated if the company's common shares traded on the Canadian Securities Exchange reach or exceed $0.30 per share for 20 consecutive trading days. In such case, the subscriber has until 4:00 p.m. (Vancouver, BC Time) on the 30th calendar day after the announcement to exercise the warrants. All securities distributed under this placement are subject to a four-month hold period. Proceeds will be used for working capital and exploration projects.
Muzhu Mining Ltd. is a Canadian exploration company with interests in the Sleeping Giant South Project in Quebec and option agreements for the XWG and LMM Properties in Henan Province, China. It is also pursuing an exploration agreement at the WLG mine.
Dwayne Yaretz, CEO
Phone: 778-709-3398
Email: info@muzhumining.ca
Source: Muzhu Mining Ltd.