Aztec Minerals Corp. announced a non-brokered private placement of up to 4,444,444 units at a price of CAD 0.225 per unit for gross proceeds of up to CAD 999,999.9 on August 8, 2023. Each unit will be comprised of one common share and one half of one transferable common share purchase warrant.

Each warrant will be exercisable to purchase one common share at a price of CAD 0.30 per share for a period of three years from the closing date of the transaction. The transaction is subject to the approval of the TSX Venture Exchange. All the securities issued in the transaction will be subject to a statutory hold period of four months and one day from the closing of the transaction.

The company may pay finder?s fees in connection with the transaction, all in accordance with the policies of the TSX Venture Exchange and applicable securities laws.