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LONDON, UK, April 1, 2024 /CNW/ - Meridian Mining UK S (TSX: MNO) (Frankfurt/Tradegate: 2MM) ("Meridian" or the "Company"), is pleased to announce that it has entered into an agreement with Beacon Securities Limited and BMO Capital Markets (the "Co-Lead Underwriters"), on behalf of a syndicate of underwriters (together with the Co-Lead Underwriters, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, with a right to arrange for substitute purchasers, 42,860,000 common shares (the "Offered Shares") of the Company at a price of $0.35 per Offered Share (the "Issue Price") for aggregate gross proceeds to the Company of $15,001,000 (the "Offering").