Aztec Minerals Closes $0.955 Million Final Tranche of $3.08 Million Private Placement Financing and Makes Loan Repayment

Aztec Minerals Corp. – News

Vancouver, Canada –July 24, 2020– Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) announces that it has closed the final tranche of its recently announced private placement equity financing.  The final tranche of the private placement consisted of 3.18 million units priced at CAD$0.30 per unit for total proceeds of CAD$955,000.  Each unit consists of one common share in the capital of the company and one-half (1/2) warrant with each full warrant exercisable to purchase an additional common share at an exercise price of CAD$0.40 for a two-year period following the closing of the private placement.

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