Skip to main content

Ximen Mining Closes Financing

Vancouver, B.C., February 10, 2023 – Ximen Mining Corp. (TSX.V:XIM) (FRA:1XMA (OTCQB:XXMMF) (the “Company” or “Ximen”) is pleased to announce that it has closed the non-brokered private placement originally announced on February 9, 2023 by issuing 1,200,000 flow through units at a price of $0.15 for gross proceeds of $180,000. Each Flow-Through share consists of one common share that qualifies as a “flow-through share” as defined in subsection 66(15) of the Income Tax Act and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 60 months from the date of issue, one additional non-flow-through common share of the Issuer at an exercise price of Cdn$0.20 per share.

All securities issued in connection with the flow through Offering will be subject to a hold period expiring June 11, 2023. The closing of this private placement financing is subject to final TSX-V approval. There were no finders’ fees paid on this placement.

On behalf of the Board of Directors,

signature Ximen Mining Closes Financing

Christopher R. Anderson,
President, CEO and Director
604 488-3900

Investor Relations: Sophy Cesar, 604-488-3900, ir@XimenMiningCorp.com


Read more investing news on PressReach.com.Subscribe to the PressReach RSS feeds:

Follow PressReach on Twitter
Follow PressReach on TikTok
Follow PressReach on Instagram
Subscribe to us on Youtube

Recent Quotes

View More
Symbol Price Change (%)
AMZN  198.79
-0.81 (-0.41%)
AAPL  255.78
-5.95 (-2.27%)
AMD  207.32
+1.38 (0.67%)
BAC  52.55
+0.03 (0.06%)
GOOG  306.02
-3.35 (-1.08%)
META  639.77
-10.04 (-1.55%)
MSFT  401.32
-0.52 (-0.13%)
NVDA  182.81
-4.13 (-2.21%)
ORCL  160.14
+3.66 (2.34%)
TSLA  417.44
+0.37 (0.09%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.