Minaurum Gold, Inc. (TSX-V: MGG) is pleased to announce that it has received total proceeds of $3.5 million from the exercise of warrants. The warrants were originally issued in private placements undertaken between June 2015 and August 2015.

“We are grateful for this expression of confidence from our long-term shareholders,” stated Darrell Rader, President and CEO. “This significant injection of capital enhances our ability to follow-up on the considerable success we have had at the Alamos Silver project in Southern Sonora State. We look forward to updating the market shortly on our drilling plans as we continue to identify targets on the four newly discovered high-grade vein systems.”

Minaurum Gold is a Mexico-focused explorer concentrated in southern Sonora State, the Oaxaca-Chiapas Region, and the Guerrero Gold Belt. Managed by one of the strongest technical and finance teams in Mexico, it is Minaurum’s goal to continue its founders’ legacy of creating shareholder value by finding new district-scale mineral discoveries and executing accretive mining transactions.