VANCOUVER, March 15, 2016 /CNW/ - Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) (the "Company") announced that it has received TSX Venture Exchange ("TSXV") acceptance to issue 300,000 bonus shares pursuant to a Consulting Agreement dated February 15, 2016, with Stephen Nano, the President, CEO and QP for the Company. The bonus shares are subject to escrow restrictions whereby 100,000 shares will be released immediately; a further 100,000 shares will be released on July 2, 2016; and the final tranche of 100,000 shares will be released on July 2, 2017. In certain circumstances, if the Consulting Agreement is terminated by Mr. Nano prior to any release date, the certificates representing the remaining shares in escrow will be returned to the Company for cancellation.
Mirasol is a project generation company focused on exploring for, or acquisition of, precious metals and copper prospects in the Americas. Strategic joint ventures with producers have enabled Mirasol to advance its priority projects, focused in high-potential regions in Chile and Argentina. Mirasol employs an integrated generative and on ground exploration approach combining leading edge technologies and experienced exploration geoscientists to maximize the potential for discovery. Mirasol is in a strong financial position and has a significant portfolio of exploration projects located in Latin America.
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.
SOURCE Mirasol Resources Ltd.
For further information: visit Mirasol's web page at www.mirasolresources.com or contact: Dana H. Prince, Chairman and Director, Tel: (604) 602-9989, Fax: (604) 609-9946, 910 - 850 West Hastings Street, Vancouver, B.C., V6C 1E1, Canada, Tel: 604.602.9989, Fax: 604.609.9946, Email: [email protected], www.mirasolresources.com