MEXICAN GOLD ANNOUNCES CLOSING OF PRIVATE PLACEMENT WITH LEAD ORDER FROM PALISADES GOLDCORP

20210118_MEX_

VANCOUVER, British Columbia, Jan. 18, 2021 (GLOBE NEWSWIRE) — Mexican Gold Mining Corp. (the “Company” or “Mexican Gold“) (TSXV: MEX), is pleased to announce that on January 15, 2021, further to its news releases dated December 29, 2020, and January 13, 2021, it closed, subject to final approval of the TSX Venture Exchange (“TSX-V”), its non-brokered private placement of 20 million common shares (the “Shares”) at an issue price of $0.07 per Share (the “Private Placement”) raising gross proceeds of $1,400,000.00.

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