Received by email:
File: MTB-NR 2018-12-14 Close of 25 cent PP Final.docx
December 14, 2018
Not for dissemination in the United States or through U.S. newswires
Mountain Boy Closes Private Placement
Vancouver, BC - Mountain Boy Minerals Ltd ("Mountain Boy" or the "Company") (TSX.V: MTB; Frankfurt: M9U) reports that
--->the non-brokered private placements announced on October 26th, 2018 is closed.
A total of 640,000 Units were issued at an offering price of $0.25 per Unit for gross proceeds to the Company of $160,
--->000 announced November 19th, 2018. Each Unit consists of one common share of the Company and one common share purchase
---> warrant. Each whole warrant is exercisable for one common share of the Company at a price of $0.30 for a period of tw
--->o years until November 19th, 2020. The proceeds of the private placement are used for property exploration and general
---> working capital. The common shares issued under this placement are subject to a four-month hold period until March 2
--->0th, 2019. Insiders subscribed for 400,000 Units for proceeds of $100,000.
About Mountain Boy Resources Ltd.
Mountain Boy Resources is a Canadian-based mineral exploration company with a property portfolio of gold and silver pr
--->ojects within the Stewart region in the very prolific Golden Triangle region of British Columbia. In addition to the R
--->ed Cliff interest, Mountain Boy Resources own 100 per cent of the high-grade MB silver project, and 100 per cent of th
--->e BA and Surprise Creek volcanic massive sulphide (VMS) copper-lead-zinc-silver projects. The Company has 3,746,874 sh
--->ares of Ascot Resources Ltd it received in return for the sale of its 20% interest in the Silver Coin property. For a
---> complete listing of the Company assets and developments, visit the Company website at www.mountainboyminerals.ca.
On behalf of the Board of Directors:
Lawrence Roulston
President & CEO
(604) 914-2142
For further information, contact:
Nancy Curry
VP Corporate Development (604) 220-2971
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
File: MTB-NR 2018-12-14 Close of 25 cent PP Final.pdf
Trading Symbol (TSX-V: MTB;
Frankfurt: M9U)
410-325 Howe Street
Vancouver, British Columbia
Canada V6C 1Z7
Tel: (604) 687-3520
Fax: 1-888-889 4874
www.mountainboyminerals.ca
December 14, 2018
Not for dissemination in the United States or through U.S. newswires
Mountain Boy Closes Private Placement
Vancouver, BC Mountain Boy Minerals Ltd ("Mountain Boy" or the "Company")
(TSX.V: MTB; Frankfurt: M9U) reports that the non-brokered private placements
announced on October 26th, 2018 is closed.
A total of 640,000 Units were issued at an offering price of $0.25 per Unit for gross
proceeds to the Company of $160,000 announced November 19th, 2018. Each Unit
consists of one common share of the Company and one common share purchase
warrant. Each whole warrant is exercisable for one common share of the Company at a
price of $0.30 for a period of two years until November 19th, 2020. The proceeds of the
private placement are used for property exploration and general working capital. The
common shares issued under this placement are subject to a four-month hold period
until March 20th, 2019. Insiders subscribed for 400,000 Units for proceeds of $100,000.
About Mountain Boy Resources Ltd.
Mountain Boy Resources is a Canadian-based mineral exploration company with a
property portfolio of gold and silver projects within the Stewart region in the very prolific
Golden Triangle region of British Columbia. In addition to the Red Cliff interest,
Mountain Boy Resources own 100 per cent of the high-grade MB silver project, and 100
per cent of the BA and Surprise Creek volcanic massive sulphide (VMS) copper-lead-
zinc-silver projects. The Company has 3,746,874 shares of Ascot Resources Ltd it
received in return for the sale of its 20% interest in the Silver Coin property. For a
complete listing of the Company assets and developments, visit the Company website
at www.mountainboyminerals.ca.
On behalf of the Board of Directors:
Lawrence Roulston
President & CEO
(604) 914-2142
For further information, contact:
Nancy Curry
VP Corporate Development
(604) 220-2971
Trading Symbol (TSX-V: MTB;
Frankfurt: M9U)
410-325 Howe Street
Vancouver, British Columbia
Canada V6C 1Z7
Tel: (604) 687-3520
Fax: 1-888-889 4874
www.mountainboyminerals.ca
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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