Mr. Lawrence Roulston reports
MOUNTAIN BOY ARRANGES $250,000 FLOW THROUGH SHARE OFFERING
Mountain Boy Minerals Ltd. has arranged a private placement of flow-through common shares at 25 cents per share to raise $250,000 to finance additional exploration programs on its British Columbia gold and silver properties located in the Golden Triangle.
Mountain Boy will issue one million flow-through shares at 25 cents per share which will be eligible for a tax deduction for Canadian income tax payers for the 2019 year. The gross proceeds from this offering of flow-through shares will be invested in eligible exploration expenditures in the province of British Columbia and certain British Columbia residents may be eligible for addition income tax deductions making this offering's shares commonly referred to as superflow-through shares.
Insiders may be participating in this offering and eligible finders may be paid a commission for introducing investors to the company. All securities will be subject to a four-month hold period from the date of closing which is expected to be in approximately two weeks.
About Mountain Boy Minerals Ltd.
Mountain Boy Minerals 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.
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