Category Archives: News Releases

Mosaic Signs Option Agreement With Castlebar Capital to Sell Up to 100% Interest in the Lichen Project

June 11, 2024 – Montreal, Quebec – Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) is pleased to announce that it has entered into an option agreement dated June 7, 2024 (the “Option Agreement”) with Castlebar Capital Corporation (TSXV: CBAR.P) (“Castlebar”), pursuant to which Castlebar will be granted an option to acquire (the “Transaction”) up to a 100% interest in the Lichen Project (the “Lichen Project” or “Property”). The Transaction is intended to be Castlebar’s “Qualifying Transaction” for purposes of the TSX Venture Exchange’s (the “Exchange”) Capital Pool Company program and was first disclosed in its news release on April 25, 2024, announcing the entering into of a letter of intent with Mosaic (the “LOI”). The terms of the Option Agreement are the same as the LOI and are summarized below.

Mosaic Signs Letter of Intent to Sell Up to 100% Interest in the Lichen Project

April 26, 2024 – Montreal, Quebec – Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or “The Company”) is pleased to announce that it has entered into a letter of intent dated April 25, 2024 (the “LOI”) with Castlebar Capital Corp (TSX-V: CBAR.P) (“Castlebar”). Pursuant to the LOI, Castlebar will be granted an option to acquire (the “Transaction”) up to a 100% interest in the Lichen Project (the “Lichen Project” or “Property”).

Mosaic Minerals Announces Closing of Oversubscribed Offering and Option of 113 North

December 5, 2023: Montréal, Québec – Mosaic Minerals Corporation (CSE: MOC) (“Mosaic” or the “Corporation”) is pleased to announce that it has closed an oversubscribed private placement (the “Offering”), pursuant to which it issued 7,962,500 flow-through units (each a “Unit”) at a price of $0.08 per Unit, for gross proceeds of $637,000.