VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Mirasol Resources Ltd. (TSX-V: MRZ) (OTC: MRZLF) (the "Company" or "Mirasol") is pleased to announce the closing of the previously announced non-brokered private placement financing. The Company issued 6,689,445 units of securities (the "Units") at a price of $0.45 per Unit for aggregate gross proceeds of $3,010,250.25 (the "Offering"). Each Unit is comprised of one (1) common share and one-half of one (1/2) non-transferable common share purchase warrant (the "Warrant"), with each whole Warrant entitling the holder to purchase one additional common share at a price of $0.60 for a period of twelve (12) months from closing of the Offering.  

Proceeds of the Offering will be used to advance the Company's exploration programs and for general corporate purposes.

The securities issued under the Offering are subject to a four-month hold period. Finders' fees in the amount of $13,932.00 were paid on a portion of the Offering.

Two directors and one officer of the Company were issued an aggregate of 3,350,556 Units under the Offering. Accordingly, their subscriptions constituted a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Shareholders in Special Transactions ("MI 61-101"). The issuance of the Units to the related parties was exempt from the valuation requirement of MI 61-101 under the exemption in section 5.5(b) of MI 61-101 in that the ...