Brilliant Mining Corp. (TSX VENTURE:BLT) (the "Corporation" or "Brilliant") is
pleased to announce that it is offering on a non-brokered private placement (the
"Offering") up to 6,666,667 units (each a "Unit") at a price of $0.15 per Unit
for gross proceeds of $1,000,000 if fully subscribed. Each Unit consists of one
common share of the Corporation ("Common Share") and one non-transferable share
purchase warrant ("Warrant") entitling the holder to acquire one additional
Common Share at a price of $0.20 per Common Share within 5 years from the date
of issuance.


The Units will be sold to qualified purchasers in reliance upon exemptions from
the prospectus and registration requirements of applicable securities
legislation. Insiders of the Corporation may participate in the Offering. If
permitted under applicable securities legislation, the Corporation will pay a
commission or finder's fee to registrants or arm's length third parties (each a
"Finder") in accordance with TSX Venture Exchange policies.


Completion of the Offering is subject to the approval of the TSX Venture
Exchange and other regulatory approvals. The Corporation intends to use the
proceeds from the Offering for general working capital purposes.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The offered securities
mentioned in this press release will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be
offered or sold within the United States or to, or for the account or benefit
of, U.S. persons except in certain transactions exempt from the registration
requirements of the U.S. Securities Act.


About Brilliant Mining Corp.

Brilliant Mining Corp. is a well-funded two-time TSX-Venture Top 50 award
winning resource company in search of undervalued resource projects. The
Corporation's internationally experienced technical team and Board of Directors
aim to leverage their broad range of expertise to acquire and develop advanced
stage non-commodity specific quality projects.


On behalf of the Board of Directors

John Williamson, P. Geol., CEO, President & Director

Brilliant Mining Corp.

Brilliant Mining Corp. is a member of the Discovery Group of Companies, for more
information on the group visit www.discoveryexp.com.


(TSXV:BLT)
Gráfica de Acción Histórica
De May 2024 a Jun 2024 Haga Click aquí para más Gráficas .
(TSXV:BLT)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024 Haga Click aquí para más Gráficas .