Ximen Announces Investor Relations Appointment
27 Fevereiro 2014 - 9:10PM
(TSX-V:XIM) Ximen Mining Corp. (the "Company" or "Ximen") is
pleased to announce that it has retained Ward Kondas to provide
Investor Relations services for the Company.
Mr. Kondas has 14 years of public market experience in the
conventional and alternative energy space in both Corporate
Communications and Corporate Finance roles and formerly served with
Allegiant Financial Group Inc. managing the company's investment
banking and operational advisory business, covering corporate
finance, mergers & acquisitions and public and private equity
funding, in a range of industries including; conventional and
alternative energy, resource, and industrial manufacturing.
The Company further announces that it has arranged non-brokered
private placement consisting of 1,227,273 units at a price of $0.55
per unit in the capital stock of the Company for gross proceeds of
$675,000. Each unit will consist of one common share and one half
share purchase warrant. Each full share purchase warrant will
entitle the holder thereof to purchase one additional share of the
Company at a price of $1.00 per share for a period of 18 months
from the closing date of the private placement. Closing of this
placement is conditional upon approval of the TSX Venture Exchange.
The term of the Warrants may be accelerated in the event that the
Issuer's shares trade at or above a price of $1.10 per share for a
period of 10 consecutive trading days. In such case, the Issuer may
give notice, in writing and by way of news release, to the
Subscribers that the Warrants will expire 30 days from the date of
providing such notice. Finders fees of up to 7% and finders
warrants of up to 7% may be payable on the financing.
XIMEN MINING CORP.
Per: "On behalf of the board"
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.
Statements in this press release, other than purely historical
information, including statements relating to the Company's future
plans and objectives or expected results, may include
forward-looking statements. Forward-looking statements are based on
numerous assumptions and are subject to all of the risks and
uncertainties inherent in resource exploration and development. As
a result, actual results may vary materially from those described
in the forward-looking statements.
CONTACT: For more information, please contact:
Ximen Mining Corp.
604-488-3900
Ximen Mining (TSXV:XIM)
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