Zeus North America Mining Corp. Increases Private Placement Initiative

Vancouver, BC / ACCESSWIRE / September 5, 2024 / Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF)(FRANKFURT:O92) has announced an increase in its non-brokered private placement initiative. Previously announced on July 30, 2024, the company now plans to issue up to 5,664,400 units at $0.25 per unit, aiming to raise up to $1,416,100 in gross proceeds.

Each unit includes one common share and one full share purchase warrant, allowing the acquisition of an additional share at $0.35 within two years post-closing. Finder's fees may be applicable, dependent on regulatory and exchange approval.

The raised funds are earmarked for exploration activities at the company's Idaho copper projects, notably the Cuddy Mountain project, alongside general working capital purposes. The completion relies on securing all necessary approvals, including acceptance by the Canadian Securities Exchange.