{"success":true,"data":{"pressRelease":{"id":"20615","rtpr_id":"nGNX9tc6N4","ticker":"MCC","exchange":"","all_tickers":["MCC"],"title":"Morocco Strategic Closes Private Placement for a Total Amount of $7.5 Millions","author":"Globe Newswire","published_at":"2026-05-05T10:50:00.136Z","article_body":"NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.\nNEWSWIRE SERVICES\n\nMONTRÉAL, May 05, 2026 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals\nCorporation. (TSXV: MCC) (\"MCC\" or the \"Corporation\") is pleased to announce\nthe closing of its previously announced non-brokered private placement,\nraising total gross proceeds of $7,516,935 through the issuance of 50,112,900\nunits of the Corporation (\"Units\") at a price of $0.15 per Unit (the \"Private\nPlacement\").\n\nEach Unit consists of (i) one common share in the capital of the Corporation\n(a “Common Share”) and (ii) one half of one Common Share purchase warrant\n(each whole warrant, a “Warrant”). Each Warrant entitles its holder to\nacquire one additional Common Share (a “Warrant Share”) at a price of\n$0.25 per Warrant Share until May 4, 2028.\n\nAll securities issued in connection with the Private Placement are subject to\na statutory hold period ending on September 5, 2026. The Private Placement\nremains subject to final approval from the TSX Venture Exchange (“TSXV”).\n\nIn connection with the completion of the Private Placement, the Corporation\npaid finder’s fees in an aggregate amount of $234,312.74 and issue a total\nof 1,292,584 Warrants to arm’s length third parties in consideration for\ntheir services under the Private Placement.\n\nThe Corporation intends to use the net proceeds from the Private Placement to\nfund the acquisition and development of mining assets in Morocco, and for the\nCorporation’s general and corporate working capital purposes.\n\nInsiders have participated in the Private Placement and were issued a total of\n1,243,332 Units, for total gross proceeds of $186,500. Such participation in\nthe Private Placement is considered a “related party transaction” as\ndefined in Regulation 61-101 respecting Protection of Minority Security\nHolders in Special Transactions (“Regulation 61-101”). MCC relied on the\nexemptions from the formal valuation and minority shareholder approval\nrequirements of Regulation 61-101 contained in sections 5.5(a) and 5.7(1)(a)\nof Regulation 61-101 as neither the fair market value of the securities issued\nto insiders nor the consideration for such securities by insiders exceed 25%\nof MCC’s market capitalization. MCC did not file a material change report in\nrespect of the transaction at least 21 days before the anticipated closing of\nthe Private Placement, as details of such transaction were unknown at such\ntime.\n\nThis news release does not constitute an offer to sell or a solicitation of an\noffer to buy nor shall there be any sale of any of the securities in any\njurisdiction in which such offer, solicitation or sale would be unlawful,\nincluding any of the securities in the United States of America. The\nsecurities have not been and will not be registered under the United States\nSecurities Act of 1933, as amended (the “1933 Act”) or any state\nsecurities laws and may not be offered or sold within the United States or to,\nor for account or benefit of, U.S. Persons (as defined in Regulation S under\nthe 1933 Act) unless registered under the 1933 Act and applicable state\nsecurities laws, or an exemption from such registration requirements is\navailable.\n\nAbout Morocco Strategic Minerals\n\nMCC is a Canadian mineral exploration company focused on the acquisition,\nexploration, and, if warranted, development of natural resource properties of\nmerit in Canada and Morocco.\n\nContact Information\n\nTelephone : 579-476-7000 \nEmail : info@moroccosm.com\n\nPierre-Olivier Goulet\nVice-President Corporate Development\n\nGuy Goulet\nPresident and CEO\n\nForward-Looking Statements and Disclaimer\n\nCertain information contained herein may constitute \"forward-looking\ninformation\" under Canadian securities legislation. Generally, forward-looking\ninformation can be identified using forward-looking terminology such as \"will\nbe,\" \"expected,\" or variations of such words and phrases, or statements that\ncertain actions, events, or results \"will\" occur. Forward-looking statements,\nincluding statements relating to the intended use of the net proceeds from the\nPrivate Placement are based on the Corporation's estimates and are subject to\nknown and unknown risks, uncertainties, and other factors that may cause\nactual results, level of activity, performance, or achievements of the\nCorporation to be materially different from those expressed or implied by such\nforward-looking statements or forward-looking information. There can be no\nassurance that such statements will prove to be accurate, as actual results\nand future events could differ materially from those anticipated in such\nstatements. Accordingly, readers should not place undue reliance on\nforward-looking statements and forward-looking information. The Corporation\nwill not update any forward-looking statements or forward-looking information\nthat are incorporated by reference herein, except as required by applicable\nsecurities laws.\n\nNeither the TSXV nor its Regulation Services Provider (as that term is defined\nin the policies of the TSXV) accepts responsibility for the adequacy or\naccuracy of this news release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/4b6ee128-a9c7-4b06-98ca-7a381c47c243)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX9tc6N4","title":"Morocco Strategic Closes Private Placement for a Total Amount of $7.5 Millions","author":"Globe Newswire","ticker":"MCC","created":"2026-05-05T10:50:00.136Z","tickers":["MCC"],"exchange":"","article_body":"NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S.\nNEWSWIRE SERVICES\n\nMONTRÉAL, May 05, 2026 (GLOBE NEWSWIRE) -- Morocco Strategic Minerals\nCorporation. (TSXV: MCC) (\"MCC\" or the \"Corporation\") is pleased to announce\nthe closing of its previously announced non-brokered private placement,\nraising total gross proceeds of $7,516,935 through the issuance of 50,112,900\nunits of the Corporation (\"Units\") at a price of $0.15 per Unit (the \"Private\nPlacement\").\n\nEach Unit consists of (i) one common share in the capital of the Corporation\n(a “Common Share”) and (ii) one half of one Common Share purchase warrant\n(each whole warrant, a “Warrant”). Each Warrant entitles its holder to\nacquire one additional Common Share (a “Warrant Share”) at a price of\n$0.25 per Warrant Share until May 4, 2028.\n\nAll securities issued in connection with the Private Placement are subject to\na statutory hold period ending on September 5, 2026. The Private Placement\nremains subject to final approval from the TSX Venture Exchange (“TSXV”).\n\nIn connection with the completion of the Private Placement, the Corporation\npaid finder’s fees in an aggregate amount of $234,312.74 and issue a total\nof 1,292,584 Warrants to arm’s length third parties in consideration for\ntheir services under the Private Placement.\n\nThe Corporation intends to use the net proceeds from the Private Placement to\nfund the acquisition and development of mining assets in Morocco, and for the\nCorporation’s general and corporate working capital purposes.\n\nInsiders have participated in the Private Placement and were issued a total of\n1,243,332 Units, for total gross proceeds of $186,500. Such participation in\nthe Private Placement is considered a “related party transaction” as\ndefined in Regulation 61-101 respecting Protection of Minority Security\nHolders in Special Transactions (“Regulation 61-101”). MCC relied on the\nexemptions from the formal valuation and minority shareholder approval\nrequirements of Regulation 61-101 contained in sections 5.5(a) and 5.7(1)(a)\nof Regulation 61-101 as neither the fair market value of the securities issued\nto insiders nor the consideration for such securities by insiders exceed 25%\nof MCC’s market capitalization. MCC did not file a material change report in\nrespect of the transaction at least 21 days before the anticipated closing of\nthe Private Placement, as details of such transaction were unknown at such\ntime.\n\nThis news release does not constitute an offer to sell or a solicitation of an\noffer to buy nor shall there be any sale of any of the securities in any\njurisdiction in which such offer, solicitation or sale would be unlawful,\nincluding any of the securities in the United States of America. The\nsecurities have not been and will not be registered under the United States\nSecurities Act of 1933, as amended (the “1933 Act”) or any state\nsecurities laws and may not be offered or sold within the United States or to,\nor for account or benefit of, U.S. Persons (as defined in Regulation S under\nthe 1933 Act) unless registered under the 1933 Act and applicable state\nsecurities laws, or an exemption from such registration requirements is\navailable.\n\nAbout Morocco Strategic Minerals\n\nMCC is a Canadian mineral exploration company focused on the acquisition,\nexploration, and, if warranted, development of natural resource properties of\nmerit in Canada and Morocco.\n\nContact Information\n\nTelephone : 579-476-7000 \nEmail : info@moroccosm.com\n\nPierre-Olivier Goulet\nVice-President Corporate Development\n\nGuy Goulet\nPresident and CEO\n\nForward-Looking Statements and Disclaimer\n\nCertain information contained herein may constitute \"forward-looking\ninformation\" under Canadian securities legislation. Generally, forward-looking\ninformation can be identified using forward-looking terminology such as \"will\nbe,\" \"expected,\" or variations of such words and phrases, or statements that\ncertain actions, events, or results \"will\" occur. Forward-looking statements,\nincluding statements relating to the intended use of the net proceeds from the\nPrivate Placement are based on the Corporation's estimates and are subject to\nknown and unknown risks, uncertainties, and other factors that may cause\nactual results, level of activity, performance, or achievements of the\nCorporation to be materially different from those expressed or implied by such\nforward-looking statements or forward-looking information. There can be no\nassurance that such statements will prove to be accurate, as actual results\nand future events could differ materially from those anticipated in such\nstatements. Accordingly, readers should not place undue reliance on\nforward-looking statements and forward-looking information. The Corporation\nwill not update any forward-looking statements or forward-looking information\nthat are incorporated by reference herein, except as required by applicable\nsecurities laws.\n\nNeither the TSXV nor its Regulation Services Provider (as that term is defined\nin the policies of the TSXV) accepts responsibility for the adequacy or\naccuracy of this news release.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/4b6ee128-a9c7-4b06-98ca-7a381c47c243)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-05T10:50:00.191810571Z","server_sent_at_ms":1777978200191},"received_at":"2026-05-05T10:50:00.273Z","source_url":"https://www.globenewswire.com/news-release/2024/09/12/2945067/0/en/aya-gold-silver-announces-spinout-and-creation-of-growth-focused-gold-venture.html"},"analysis":{"id":"15212","press_release_id":"20615","analysis_json":{"industry":{"label":"Materials","sector":"Materials"},"redFlags":[],"eventType":"offering","narrative":"Morocco Strategic Minerals closed a non-brokered private placement, raising gross proceeds of $7.5M through the issuance of 50.1M units at $0.15 per unit.\n\nThe company intends to use the funds for the acquisition and development of mining assets in Morocco, as well as for general working capital.\n\nInsiders participated in the offering, acquiring $186.5k worth of units as a related party transaction; the deal remains subject to TSXV final approval.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Junior miner closes $7.5M private placement to fund Morocco operations."},"keyFigures":{"dealValueUsd":7516935,"offeringPrice":0.15,"sharesOffered":50112900,"customDimensions":{"warrant_expiry":"2028-05-04","insider_proceeds_usd":186500,"warrant_exercise_price":0.25}},"quotedText":"","namedEntities":{"people":[{"name":"Pierre-Olivier Goulet","role":"Vice-President Corporate Development"},{"name":"Guy Goulet","role":"President and CEO"}],"products":[],"companies":[{"name":"Morocco Strategic Minerals Corporation","ticker":"MCC"},{"name":"TSX Venture Exchange","relationship":"regulatory body"}],"dollarAmounts":[{"amount":"$7,516,935","context":"total gross proceeds of private placement"},{"amount":"$0.15","context":"price per Unit"},{"amount":"$234,312.74","context":"finder’s fees"},{"amount":"$186,500","context":"insider participation proceeds"},{"amount":"$0.25","context":"Warrant exercise price"}]},"materialImpact":{"score":2,"reasoning":"Routine non-brokered private placement financing for a junior mining company. While the $7.5M gross proceeds are operationally relevant for exploration and development, the event is a standard capital raise without a specific binary operational milestone or unexpected strategic shift."},"tickerRelevance":{"others":[],"primary":"MCC"},"globalImportance":10,"audienceRelevance":10,"eventTypeSecondary":["dilution"],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"financing"}},"event_type":"offering","event_type_secondary":["dilution"],"sentiment":"neutral","material_impact_score":2,"narrative":"Morocco Strategic Minerals closed a non-brokered private placement, raising gross proceeds of $7.5M through the issuance of 50.1M units at $0.15 per unit.\n\nThe company intends to use the funds for the acquisition and development of mining assets in Morocco, as well as for general working capital.\n\nInsiders participated in the offering, acquiring $186.5k worth of units as a related party transaction; the deal remains subject to TSXV final approval.","key_figures":{"dealValueUsd":7516935,"offeringPrice":0.15,"sharesOffered":50112900,"customDimensions":{"warrant_expiry":"2028-05-04","insider_proceeds_usd":186500,"warrant_exercise_price":0.25}},"named_entities":{"people":[{"name":"Pierre-Olivier Goulet","role":"Vice-President Corporate Development"},{"name":"Guy Goulet","role":"President and CEO"}],"products":[],"companies":[{"name":"Morocco Strategic Minerals Corporation","ticker":"MCC"},{"name":"TSX Venture Exchange","relationship":"regulatory body"}],"dollarAmounts":[{"amount":"$7,516,935","context":"total gross proceeds of private placement"},{"amount":"$0.15","context":"price per Unit"},{"amount":"$234,312.74","context":"finder’s fees"},{"amount":"$186,500","context":"insider participation proceeds"},{"amount":"$0.25","context":"Warrant exercise price"}]},"model_name":"glm-4.7","prompt_hash":"sha256:a2703c5a1b5285fe","schema_hash":"sha256:1f8af1196c7db48c","created_at":"2026-05-05T11:10:12.528Z","global_importance":10,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"financing"}},"durationMs":190854,"modelName":"glm-4.7"}}