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Ximen Mining Corporate Update


Ximen Mining Corporate Update
01 Jul 2021, 07:05 GMT+10
VANCOUVER, BC / ACCESSWIRE / June 30, 2021 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the Company or Ximen ) The Company is pleased to announce that it has closed a financing for gross proceeds of $200,000. The non-brokered private placement consisted of 800,000 units at a price of $0.25 per unit. Each Unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.35 per share. The hold expiry date for the placement is October 25, 2021. The net proceeds from the private placement will be used for the further exploration on the Company s British Columbia mineral properties and general working capital. ....

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