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  206.16
+0.88 (0.43%)
AAPL  273.07
+6.89 (2.59%)
AMD  207.59
+11.00 (5.59%)
BAC  50.52
-0.55 (-1.09%)
GOOG  307.53
-4.16 (-1.33%)
META  636.15
-1.10 (-0.17%)
MSFT  388.57
+4.10 (1.07%)
NVDA  189.45
-2.10 (-1.10%)
ORCL  144.68
+3.37 (2.38%)
TSLA  401.28
+1.45 (0.36%)
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.