MONARCA ANNOUNCES C$2.0 MILLION PRIVATE PLACEMENT

Monarca Minerals Inc. (TSXV:MMN) (“Monarca” or the “Company”) is pleased to announce a non-brokered private placement of up to 40,000,000 units of the Company (the
“Units”) at a price of C$0.05 per Unit for gross proceeds of up to C$2,000,000 (the “Offering”).

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