Scoring Dragon raises $27,000 towards Mammoth Resources Corp's private placement

PRESS RELEASE (Singapore)


November 29th, 2017, Scoring Dragon Limited. ("Scoring Dragon" or the "Company"), is pleased to announce that it has raised $27,000.00 towards Mammoth Resources Corp’s (TSX-V: MTH) non-brokered private placement (the “Private Placement”) of up to 8,000,000 units (the “Units”) at an offering price based on the 15 day volume weighted average price of Mammoth shares of $0.09 per share, for gross proceeds of up to $720,000. Each Unit consists of one common share (a “Common Share”) and one common share purchase warrant (the “warrant”) of the Company. Each Warrant will entitle the holder thereof to acquire one Common Share up to 18 months following closing of the Private Placement, at an exercise price of $0.13. Proceeds from this financing are to be used to diamond drill up to 3,000 metres testing up to 24 targets along a 5 kilometre trend of gold-silver mineralization at the Company’s Tenoriba, High Sulphidation project in the Sierra Madre region of southwestern Chihuahua State, Mexico.

 

About Scoring Dragon Limited:

Scoring Dragon is a boutique consulting firm located in Singapore that provides strategic marketing and business development solutions for companies that are active in both the private and public sector. They have a vast network of international private, and high net worth individuals including private equity, accredited investors, retail and institutional; that provide the perfect corporate image. The company’s demographics include; Singapore, Thailand, Hong Kong, China and Indonesia. Their North American counterpart and strategic partner is Montreal based consulting firm JUST3.

About Mammoth Resources Corp:

Mammoth Resources Corp (TSX-V: MTH) is a mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company has an option to acquire 100% in the Tenoriba Property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. The Company continues to seek other option agreements in the Americas on other properties it deems to host above average potential for economic concentrations of precious metals mineralization.

 

For more information on Scoring Dragon Limited and their services go to: www.scoringdragon.com or call +65 6844 8836 Email. info@scoringdragon.com

For more information on JUST3 and their services go to: www.just3.ca or call 514-434-2640 Email. info@just3.ca