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TSX-V: MKO; OTCQX:
MAKOF
VANCOUVER, BC, Nov. 16, 2020 /CNW/ - Mako Mining
Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako" or the "Company")
is pleased to announce that effective at the opening on
November 17, 2020, 35,500,000 common
share purchase warrants (the "Warrants") will commence trading on
the TSX Venture Exchange ("TSXV") under the symbol "MKO.WT.A". The
Warrants were issued pursuant to a private placement financing of
the Company completed on July 16,
2020 and are governed by a warrant indenture between the
Company and Computershare Trust Company of Canada, as warrant agent. Each Warrant
entitles the holder thereof to acquire one common share of the
Company at a price of $0.60 per share
until January 16, 2022.
This press release does not constitute an offer to sell or a
solicitation of an offer to buy any of the securities in
the United States. The securities
have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act"), or
any state securities laws and may not be offered or sold within
the United States or to or for the
account or benefit of a U.S. person (as defined in Regulation S
under the U.S. Securities Act) unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
On behalf of the Board,
Akiba
Leisman
Chief Executive Officer
About Mako
Mako Mining Corp. is a publicly listed gold mining, development
and exploration firm. The Company is developing its high-grade San
Albino gold project in Nueva
Segovia, Nicaragua. Mako's
primary objective is to bring San Albino into production quickly
and efficiently, while continuing exploration of prospective
targets in Nicaragua.
Forward-Looking Statements: Some of the
statements contained herein may be considered "forward-looking
information" within the meaning of applicable securities laws.
Although Mako believes that the expectations reflected in its
forward-looking information are reasonable, such information has
been based on factors and assumptions concerning future events that
may prove to be inaccurate. These factors and assumptions are based
upon currently available information to Mako. Such information is
subject to known and unknown risks, uncertainties and other factors
that could influence actual results or events and cause actual
results or events to differ materially from those stated,
anticipated or implied in the forward-looking information. A number
of important factors including those set forth in other public
filings could cause actual outcomes and results to differ
materially from those expressed in these forward-looking
statements. Readers are cautioned to not place undue reliance on
forward-looking statements. The statements in this press release
are made as of the date of this release and, except as required by
applicable law, Mako does not undertake any obligation to publicly
update or to revise any of the included forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required under applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Mako Mining Corp.
