Minaurum Announces Closing of C$9.2 Million Bought Deal Public Offering

Minaurum Gold Inc. (“Minaurum” or the “Company”) (TSXV:MGG) (OTCQX:MMRGF) is pleased to announce that it has closed its previously announced bought deal public offering for gross proceeds of C$9,200,000, which includes the full exercise of the over-allotment option (the “Offering”). Due to significant demand, the Offering was upsized from the original gross proceeds of C$7.0 million. Under the Offering, the Company sold 23,000,000 units of the Company (the “Units”) at a price of C$0.40 per Unit (the “Unit Price”). Red Cloud Securities Inc. (the “Underwriter”) acted as sole underwriter and bookrunner for the Offering.

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