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To: Goose94 who wrote (83666)	10/13/2020 8:13:04 AM
From: Goose94	Read Replies (1) \| Respond to of 203330

Mineral Mountain Res. (MMV-V) Raises Cdn$875k in Non-Brokered PP and Cdn$1.134 Million in Exercise of Warrants for Cdn$2,000,875 in Gross Proceeds Oct 13, '20 - NR Mineral Mountain Resources Ltd. ("Mineral Mountain" or the "Company") (TSXV: MMV) is pleased to announce that it has closed the non-brokered unit ("Unit") private placement (the "Private Placement") announced previously on August 20, 2020 and has issued 2,916,667 Units at a price of C$ 0.30 for raised gross proceeds of C$875,000. A finder's fee of 7% was paid to arm's length third parties in connection with the Private Placement. Each Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"), with each warrant entitling the holder to purchase one common share of the Company (a "Warrant Share") for a period of one (1) year from closing at an exercise price of C$0.40 per Warrant Share. In addition, a total of 4,535,500 warrants priced at C$ 0.25 were exercised for a total of C$ 1,133,875 for a grand total of C$2,000,875 in gross proceeds. The net proceeds raised from the Private Placement are intended to be used to fund Company lease renewals in the Rochford District, a radiometric airborne survey, drill permitting, new lease acquisitions and, for corporate and general working capital purposes. A more detailed news release outlining the Company's plans for the Rochford Project will be disseminated shortly. About Mineral Mountain Mineral Mountain Resources Ltd., through its wholly owned subsidiary Mineral Mountain Resources (SD) Inc., is an exploration and development Company with a strong management and technical team which has many years of experience in the Homestake area. The parent Company, Mineral Mountain Resources Ltd., is based in Vancouver, B.C. The Company now owns one of the largest land package in the Rochford Gold District located in the Black Hills of South Dakota, U.S.A. about 26 kilometers south of the richest and largest gold deposits in the world, the Homestake Mine gold system, which produced over 42 million ounce of gold! The Rochford District is situated within the most prospective exploration regions for gold in the United States. On Behalf of the Board of Directors MINERAL MOUNTAIN RESOURCES LTD. "Nelson W. Baker", President and CEO