Zeus North America Mining Corp. Arranges $1.0 million Private Placement

VANCOUVER, BC / ACCESSWIRE / July 30, 2024 / Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) announced a fully subscribed non-brokered private placement to raise $1,000,000. The funds will be raised through the sale of up to 4,000,000 units at a price of $0.25 per unit.

Each unit will include one common share and one full share purchase warrant. Each warrant allows the holder to acquire an additional common share at a price of $0.35 per share for two years following the placement's closure. Finder's fees may be applicable, pending regulatory and exchange approval.

The proceeds will fund exploration programs for the company’s Idaho copper projects, notably the flagship Cuddy Mountain project, and for general working capital purposes. The placement's completion depends on receiving all necessary approvals from regulatory bodies and the Canadian Securities Exchange.

This announcement does not constitute an offer to sell or a solicitation to buy securities in the United States. The securities being offered have not been registered under the United States Securities Act of 1933 and cannot be offered or sold in the U.S. without registration or an applicable exemption.