Morocco Strategic Minerals Closes Private Placement for a Total Amount of $600,000

This section is Partnership Content suppliedThe content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Article contentNOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICESSign In or Create an AccountEmail AddressContinueor View more offersArticle contentMONTREAL, Dec. 19, 2025 (GLOBE NEWSWIRE) — Morocco Strategic Minerals Corporation. (TSXV: MCC) (“MCC” or the “Corporation”) announce the closing of a non-brokered private placement, raising total gross proceeds of $600,000 through the issuance of 6,000,000 units of the Corporation (“Units”) at a price of $0.10 per Unit (the “Offering”).Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentEach Unit consists in one common share of the Corporation (a “Common Share”) and one half of one Common Share purchase warrant (a “Warrant”). Each whole Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common Share until December 19, 2027.Article contentArticle contentAll securities issued in connection with the Offering are subject to a statutory hold period ending four-month and one day from the date of their issuance being April 20, 2026. The Offering remains subject to final approval from the TSX Venture Exchange (“TSXV”).Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentIn connection with the completion of the Offering, the Corporation expects to pay finder’s fees in an aggregate amount of $17,500 and issue a total of 175,000 Warrants to arm’s length third parties in consideration for their services under the Offering.Article contentThe Corporation intends to allocate the net proceeds from the Offering towards the development of the Corporation’s portfolio in Québec and Morocco, encompassing potential growth opportunities, as well as for general working capital purposes.Article contentAbout Morocco Strategic MineralsArticle contentMCC is a Canadian mineral exploration company focused on the acquisition, exploration, and, if warranted, development of natural resource properties of merit in Canada and Morocco.Article contentContact InformationArticle contentTéléphone : 579-476-7000Courriel : info@moroccosm.comArticle contentPierre-Olivier GouletVice-President Corporate DevelopmentArticle contentArticle contentGuy GouletPresident and CEOArticle contentForward-Looking Statements and DisclaimerArticle contentCertain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified using forward-looking terminology such as “will be,” “expected,” or variations of such words and phrases, or statements that certain actions, events, or results “will” occur. Forward-looking statements, including statements relating to the intended use of the net proceeds from the Offering, are based on the Corporation’s estimates and are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, level of activity, performance, or achievements of the Corporation to be materially different from those expressed or implied by suchforward-lookingstatementsorforward-lookinginformation.Therecanbenoassurancethat such statements will prove to be accurate, as actual results and future events could differ materiallyfromthoseanticipatedinsuchstatements.Accordingly,readersshouldnotplaceundue relianceonforward-lookingstatementsandforward-lookinginformation.TheCorporationwillnot update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securitieslaws.Article contentNeither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.Article contentArticle contentArticle contentArticle contentArticle contentArticle contentTrending Opinion: The no-more-pipelines MOU FP Comment Posthaste: 2026 might prove perilous for Canadians who piled into variable mortgages this year, Desjardins warns News When sinking property values raise red flags for borrowers Mortgages Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Opinion: The no-more-pipelines MOU FP Comment Posthaste: 2026 might prove perilous for Canadians who piled into variable mortgages this year, Desjardins warns News When sinking property values raise red flags for borrowers Mortgages Tax Court overturns CRA decision to deny bitcoin loss writeoff Taxes Philip Cross: The sad story of Justin Trudeau’s 'youthful idiots' FP Comment