Miramont Resources Corp. (CNSX:MONT) announced a non-brokered private placement of up to 2,857,143 units at a price of CAD 0.35 per unit for gross proceeds of up to CAD 1,000,000 on January 17, 2019. Each unit will consist of one common share and one transferrable share purchase warrant. Each warrant is exercisable at CAD 0.50 per share for a period of 2 years from closing. All securities issued are subject to a hold period expiring four months and one day from the closing. The company may pay a finder's fee in the transaction. The transaction is expected to close on or before January 31, 2019. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the Canadian Securities Exchange.