{"id":49681,"date":"2024-07-30T12:45:05","date_gmt":"2024-07-30T11:45:05","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=49681"},"modified":"2024-07-30T12:45:05","modified_gmt":"2024-07-30T11:45:05","slug":"zeus-north-america-mining-corp-arranges-1-0m-private-placement","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/zeus-north-america-mining-corp-arranges-1-0m-private-placement\/49681\/","title":{"rendered":"Zeus North America Mining Corp. arranges $1.0m private placement"},"content":{"rendered":"

Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) is pleased to announce a fully subscribed non-brokered private placement to raise $1,000,000 through the sale of up to 4,000,000 units at a price of $0.25 per unit.<\/h2>\n

Each unit will comprise one common share and one full share purchase warrant. Each warrant entitles the holder to acquire an additional common share at a price of $0.35 per share for two years following the closing of the placement.<\/p>\n

Finder\u2019s fees may be payable on all or any portion of the placement, which is subject to regulatory and exchange approval.<\/p>\n

Enhancing exploration in Idaho<\/h3>\n

The proceeds of the placement will be utilised for exploration programmes<\/a> on Zeus\u2019 Idaho copper projects, including its flagship Cuddy Mountain project<\/a>, and for general working capital purposes.<\/p>\n

Certain conditions must be met for the placement to be completed, including the receipt of all necessary approvals and the acceptance by the Canadian Securities Exchange.<\/p>\n

This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.<\/p>\n

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or under any US state securities laws. They may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act, as amended, and applicable state securities laws.<\/p>\n

About Zeus North America Mining Corp.<\/h3>\n

Zeus North America Mining Corp. is in the mineral exploration business. It is focused on its exploration properties in Idaho, known as the Cuddy Mountain, Selway, and Great Western properties<\/a>.<\/p>\n

The Idaho properties consist of 82 (Cuddy Mountain), 57 (Selway), and 38 (Great Western) lode mining claims, respectively, and cover a cumulative area of approximately 3822.1 acres.<\/p>\n

The Company\u2019s flagship Cuddy Mountain Property is adjacent to Hercules Metal Corp\u2019s Leviathan Copper Porphyry discovery.<\/p>\n","protected":false},"excerpt":{"rendered":"

Zeus North America Mining Corp. has announced a non-brokered private placement to raise $1m through the sale of up to 4,000,000 units.<\/p>\n","protected":false},"author":22,"featured_media":49682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[23535],"tags":[24335,24532,24590],"acf":[],"yoast_head":"\nZeus North America arranges $1.0m private placement<\/title>\n<meta name=\"description\" content=\"Zeus North America Mining Corp. has announced a non-brokered private placement to raise $1m through the sale of up to 4,000,000 units.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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