Business
Mosaic Announces the Appointment of Director and Financing
Montreal, Quebec--(Newsfile Corp. - December 2, 2025) - Mosaic Minerals Corporation (CSE: MOC) ("Mosaic" or the "Company") is pleased to announce the nomination of Mr Robert Gagnon, P. Geo. as Director of the Company. Robert Gagnon holds a bachelor's degree in geology from the University of Quebec in Chicoutimi and is a member of the Ordre des géologues du Québec. Mr. Gagnon has extensive experience in managing exploration projects and evaluating deposits. He was President of Pershimex Resources
About this update from Abcourt Mines, Inc. Class B
[{"type":"text","content":"Montreal, Quebec--(Newsfile Corp. - December 2, 2025) - Mosaic Minerals Corporation (CSE: MOC) ("Mosaic" or the "Company") is pleased to announce the nomination of Mr Robert Gagnon, P. Geo. as Director of the Company. Robert Gagnon holds a bachelor's degree in geology from the University of Quebec in Chicoutimi and is a member of the Ordre des géologues du Québec. Mr. Gagnon has extensive experience in managing exploration projects and evaluating deposits. He was President of Pershimex Resources Corporation from 2013 until its amalgamation with Abcourt Mines Inc in May 2023.","length":605,"tagName":"p"},{"type":"text","content":""We are very pleased with the appointment of Robert Gagnon, an exploration geologist who brings another dimension of expertise to our board of directors. His experience and knowledge of the Golden Island project are valuable assets for its future development." said Jonathan Hamel, President and CEO of Mosaic.","length":320,"tagName":"p"},{"type":"text","content":"Financing","length":9,"tagName":"p"},{"type":"text","content":"The Company is also pleased to announce a non-brokered private placement (the "Offering") for gross proceeds of up to C$500,000 from the combined sale of up to 7,000,000 Units (each a "UNIT") of the Company at a price $0.05 per Unit, and up to 2,142,857 flow-through Units of the Company (each, a "FT UNIT") at a price of C$0.07 per FT Unit. The Company intends to use the proceeds from the Offering towards exploration on the Golden Island Project and for general corporate purposes.","length":514,"tagName":"p"},{"type":"text","content":"Each Unit will consist of one (1) common share of the Company (each, a "Common Share") and one (1) Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share (each, a "Warrant Share") at a price of C$0.07 for a period of 24 months from the date of issuance.","length":367,"tagName":"p"},{"type":"text","content":"Each FT Unit will consist of one (1) common share of the Company (each, a "Common Share") to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) (each, a "FT Share") and one (1) Common Share purchase warrant (each...