MOGOTES METALS ANNOUNCES $10 MILLION BOUGHT DEAL FINANCING

Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to announce that it has entered into an agreement with Stifel Canada pursuant to which Stifel Canada will act as sole bookrunner, together with a syndicate of underwriters (collectively, the "Underwriters"), in connection with a "bought deal" private placement offering of 31,250,000 units of the Company (the "Units") at a price of C$0.32 per Unit (the "Issue Price") for aggregate gross proceeds of C
Mogotes Metals Inc. (TSXV: MOG) (FSE: OY4) (OTCQB: MOGMF) ("Mogotes" or the "Company") is pleased to announce that it has entered into an agreement with Stifel Canada pursuant to which Stifel Canada will act as sole bookrunner, together with a syndicate of underwriters (collectively, the "Underwriters"), in connection with a "bought deal" private placement offering of 31,250,000 units of the Company (the "Units") at a price of C$0.32 per Unit (the "Issue Price") for aggregate gross proceeds of C