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Aztec Minerals (TSXV: AZT) New Listing

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Aztec is a mineral exploration company focused on the discovery of large porphyry gold-copper deposits in the Americas. The company’s first project and core asset is the prospective Cervantes gold-copper property in Sonora, Mexico.

Additional Information:

Company: Aztec Minerals
Website: http://www.aztecminerals.com
Stock Symbol: TSXV: AZT
Date Published: May 10, 2017
Transcript: Available

Video Transcript:

I’m Megan Edwards for Investmentpitch Media

Aztec Minerals (TSXV:AZT) is the latest new listing on the TSX Venture Exchange, and trades under the symbol “AZT”.

Aztec is a mineral exploration company focused on the discovery of large porphyry gold-copper deposits in the Americas. The company’s first project and core asset is the prospective Cervantes gold-copper property in Sonora, Mexico.

Aztec has identified one main porphyry gold-copper target, the “California” zone, and several peripheral targets on the Cervantes Property.

An initial $540,000 exploration drill program has been recommended to test the California oxide gold prospect.

The Cervantes Property is held under an option to purchase agreement from Kootenay Silver Inc. whereby Aztec can acquire up to a 100% interest in the property in two stages.

Aztec plans to expand its land position in Sonora, evaluate additional properties for acquisition, and grow its management team.

The company completed an IPO through Haywood Securities, raising gross proceeds of $4,025,000, from the sale of 11.5 million units at $0.35 per unit, including the over-allotment option of 1.5 million units.

Each unit consisted of 1 share and one-half a warrant, with each full warrant exercisable at $0.50 for 24 months.

Coeur Mining subscribed for approximately 1.9 million units.

Joey Wilkins, President & CEO, stated: “We appreciate the long standing support of our private shareholders and the new support of our public shareholders including Coeur Mining through the IPO with Haywood. The Cervantes Property offers our shareholders excellent potential for the discovery of a porphyry gold-copper deposit in a well-established but under-explored porphyry gold-copper belt. We look forward to advancing Cervantes through exploration and building Aztec into an exciting new business venture.”

The shares are trading at $0.37, and with 27.9 million shares outstanding, the company is capitalized at $10.3 million.

For more information about the company, please visit the company’s website www.aztecminerals.com,
contact Joey Wilkins, President & CEO, at 604-685-9770 or by email at joey@aztecminerals.com

I’m Megan Edwards for Investmentpitch Media