CA: TSX.V: OCG
US: OTCPK: MRDD.F
DE: DB: MRG1
Vancouver, BC, Canada – March 20, 2018 – Miranda Gold Corp. (“Miranda” or the “Company”) (TSX-MAD) has fully closed the recently announced non-brokered private placement with no further proceeds being accepted – on anticipation of receipt of the first US$250,000 payment from Gold Torrent, Inc. (OTCQB:GTOR) being due shortly, pursuant to the sale of the Company’s interest in Alaska Gold Torrent, LLC.
Miranda previously announced the closing of “Tranche One” of the private placement on March 9, 2018, with aggregate gross proceeds of $1,513,187.50 from the sale of 27,512,500 units at a price of $0.055 per unit.
Miranda is a gold exploration company active in Colombia. Miranda employs a prospect generator and joint venture business model. Miranda focuses on generating projects with world-class discovery potential, and then joint ventures multiple projects to maximize the chance of discovery, while reducing economic risk and shareholder dilution. Miranda has an ongoing relationship with IAMGold Corporation.
ON BEHALF OF THE BOARD
Joseph (Joe) Hebert, Chief Executive Officer