|November 28, 2011|
Mirasol Announces $11.55 Million Bought Deal Private Placement
|NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES|
VANCOUVER, BC, November 28, 2011. Mirasol Resources Ltd. (TSX-V: MRZ, Frankfurt: M8R) ("Mirasol" and the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Haywood Securities Inc. and including Macquarie Capital Markets Canada Inc. and Paradigm Capital Inc. (collectively the "Underwriters"), to sell 3,500,000 units (the "units") of the Company at a price of C$3.30 per unit for aggregate proceeds of C$11,550,000 (the "Offering"). A unit will comprise one common share of Mirasol and one half of one share purchase warrant (a "warrant"). Each whole warrant entitles the holder to purchase one common share for a period of two years at a price of C$4.30 per share. The common shares and warrants are collectively referred to herein as the "Offered Securities". The Offering is subject to TSX Venture Exchange acceptance.