Ximen Announces Increase in Financing to $1,050,888
30 Janvier 2015 - 7:07AM
Ximen Mining Corp. (TSX-V:XIM) (the "Company" or "Ximen") would
like to announce that further to its news release dated December
23, 2014, the Company has increased the non-flow-through private
placement from 4,000,000 non flow-through units of the Company
("NFT Units") at $0.15 per NFT Unit to 7,005,920 NFT Units to raise
an aggregate amount of up to $1,050,888. Each NFT Unit consists of
one non flow-through common share of the Company and one
non-transferable share purchase warrant. Each warrant has a two
year term for the purchase of one further non flow-through common
share of the Company at an exercise price of $0.25 per share.
A finder's fee may be paid to eligible finders in accordance to
the TSX Venture Exchange policies. All securities issued pursuant
to the offering will be subject to a hold period of four months and
one day from the date of closing. Directors, officers or other
insiders of the Company may participate in the foregoing offerings
and such parties may sell securities of the Company owned or
controlled by them personally through the facilities of the TSX
Venture Exchange to fund participation in such offerings. The
offerings and payment of finder's fees are both subject to approval
by the TSX Venture Exchange.
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in its two
projects, Gold Drop Project and Brett Gold Project located in
southern British Columbia. Ximen is a publicly listed company
trading on the TSX Venture Exchange under the symbol XIM, and is
listed on the Frankfurt, Munich, and Berlin Stock Exchanges in
Germany under the symbol 1XM and WKN number is A1W2EG as well in
the USA under the symbol XXMMF.
On behalf of the Board of Directors,
"Christopher R. Anderson"
Christopher R. Anderson, President, CEO and Director
Ximen Mining Corp. 604 488-3900
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities, nor shall there be
any sale of securities in any state in the United States in which
such offer, solicitation or sale would be unlawful. The securities
referred to herein have not been and will not be registered under
the United States Securities Act of 1933, as amended, and may not
be offered or sold in the United States absent registration or an
applicable exemption from registration requirements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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