MURCHISON MINERALS LTD - MURMF STOCK NEWS

Murchison Minerals Ltd. announced conditional approval from the TSXV for its Early Warrant Incentive Program aimed at encouraging early exercise of unlisted Warrants. The Program will run from March 17 to April 15, 2022, allowing Warrant holders to receive Incentive Warrants upon early exercise. Major shareholders, including board member Donald K. Johnson, will participate, resulting in gross proceeds of CAD $1,116,786. The initiative targets exercising up to 27,118,788 Warrants at a price of $0.12 each, with potential positive implications for MURMF investors.

Murchison Minerals Ltd. (TSXV:MUR, OTCQB:MURMF) has launched a warrant exercise incentive program to encourage early exercise of up to 27,118,788 outstanding unlisted warrants at $0.12, expiring between September and October 2022. Participants exercising warrants by April 15, 2022, will receive additional incentive warrants at $0.18. If all warrants are exercised, Murchison expects gross proceeds of approximately $3.25 million, enhancing its cash position for 2022 exploration expenses. Insider participation is anticipated from key shareholders. The program is pending TSXV approval.

Murchison Minerals Ltd. announced the first assay results from its inaugural drill program at the PYC Target on the HPM Project in Quebec. The results from drill holes PYC21-007 and PYC21-008 confirm the presence of extensive nickel, copper, and cobalt sulphide mineralization. Both holes revealed significant mineralized intervals, including 62.21 m at 0.30% Ni Eq in PYC21-007 and 69.9 m at 0.24% Ni Eq in PYC21-008. The project site is strategically located near infrastructure, enhancing its potential for future mining operations. Assays for six additional drill holes are pending.

Murchison Minerals Ltd. (TSXV:MUR, OTCQB:MURMF) announced that its common shares began trading on the OTCQB as of February 14, 2022. This move aims to enhance visibility and liquidity for U.S. investors. DTC Eligibility is also nearing completion, expected soon. The company focuses on nickel-copper-cobalt exploration at the HPM Project in Quebec and the Brabant Lake zinc-copper-silver project in Saskatchewan. Murchison's land position in the Haut-Plateau region has expanded significantly from 139 km² to 576 km².

Murchison Minerals Ltd. (TSXV:MUR) announced promising assay results from its Syrah Target at the HPM Project in Quebec, indicating significant nickel-copper-cobalt (Ni-Cu-Co) mineralization. The prospecting program revealed a 375-metre strike length of mineralized outcrops and sub-crops, with grades up to 0.83% Ni Equivalent. The results suggest potential for high-grade nickel at depth, prompting a planned drill campaign for summer 2022. Murchison is focused on advancing its exploration efforts, supported by positive geophysical data.

Murchison Minerals Ltd. (OTC PINK:MURMF) has announced the issuance of 3,625,000 stock options to its directors, officers, employees, and consultants. The options, priced at $0.13, will expire on December 20, 2026, with immediate vesting for most, except for 200,000 options, which will vest on May 31, 2022. Murchison focuses on nickel-copper-cobalt exploration in Quebec and the Brabant Lake zinc-copper-silver project in Saskatchewan, holding 153.6 million shares outstanding.

Murchison Minerals Ltd. has successfully closed a $4,000,000 non-brokered private placement, issuing 13,500,000 units at $0.08 each and 30,737,571 flow-through units at $0.095. The funds raised will support exploration and general working capital. Notably, investor Michael Gentile now holds 6.85% of the company's shares, while SIDEX increased its stake. The placement, subject to TSX Venture Exchange approval, included insider participation and finder’s fees totaling $198,005.

Murchison Minerals Ltd. has appointed Troy Boisjoli as its new President and CEO. Previously at NexGen Energy Ltd., Boisjoli contributed significantly to the Arrow Deposit project. He brings extensive experience in mineral resource development and strong community relations, having established Impact Benefit Agreements with Indigenous communities. The company granted him 1,000,000 stock options at $0.08 each, with 700,000 vesting immediately. Jean-Charles Potvin, Executive Chairman, expressed confidence in Boisjoli's ability to enhance the value of Murchison's mineral assets.

Murchison Minerals Ltd. has announced a $4,000,000 non-brokered private placement to fund drilling at its HPM nickel/copper/cobalt property in Quebec. The proceeds will be utilized for drilling approximately 18 holes totaling 3,550 meters, driven by positive exploration results. Units will be offered at $0.08 each, with flow-through units at $0.095. The placement includes a related party transaction involving Donald K. Johnson to maintain a 30% ownership. All securities will be subject to a four-month hold period.