Monarch Mining Corporation Closes Upsized C$14.4 Million Private Placement of Units a

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. MONTREAL, April 06, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQX: GBARF) is pleased to announce that it has closed its previously announced private placement for aggregate gross proceeds of C$14,400,000 (the “Offering”). The Offering was conducted on a “best efforts” private placement basis pursuant to the terms and con