MBMI Resources Inc. (OTCPK:MBRT.F) announced a non-brokered private placement of 909,091 common shares at a price of CAD 0.11 per unit for gross proceeds of CAD 100,000 on October 11,2019. The company may raise amount in one or more tranches. All securities issued in the transaction are subject to a four-month hold period pursuant to the applicable securities laws with an expiry date of February 10, 2020. The company has received acceptance for filing documentation from TSX Venture Exchange with respect to this transaction.