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  244.68
+6.26 (2.63%)
AAPL  258.27
+2.86 (1.12%)
AMD  252.03
+0.72 (0.29%)
BAC  52.17
+0.15 (0.29%)
GOOG  335.00
+1.41 (0.42%)
META  672.97
+0.61 (0.09%)
MSFT  480.58
+10.30 (2.19%)
NVDA  188.52
+2.05 (1.10%)
ORCL  174.90
-7.54 (-4.13%)
TSLA  430.90
-4.30 (-0.99%)
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.