Warrants exercised -silver top-thanks guysI hope Exmin can learn to reward me because I am becoming tired of holding dead money.
EXMIN Announces Completion of Warrant Exercise and Closing of Non-Brokered Private Placement
Fri Mar 7, 10:07 AM
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 7, 2008) - EXMIN Resources Inc. ("EXMIN") (TSX VENTURE: EXM.V), further and in addition to its March 10, 2006, press release, wishes to announce that, all of the 7,266,666 share purchase warrants with an exercise price of $0.20, as well as the 1,403,333 agent's units with an exercise price of $0.15 and their underlying warrants, which were issued as part as the March 2006, private placement, have now been fully exercised.
In addition, and further to its February 29, 2008, press release, the Company is pleased to announce that, after receiving approval from the TSX Venture Exchange, it has raised $100,000 in cash on closing of a non-brokered private placement consisting of 333,333 units at a price of $0.30 per unit. Each unit consists of one common share and one half of a share purchase warrant. Each whole warrant entitles its holder to purchase one additional common share at an exercise price of $0.50 per share until March 6, 2010. The shares are restricted from trading until July 6, 2008, as required by TSX Venture Exchange policies and securities law.
About EXMIN
EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of significant merit in the Sierra Madre gold belt of Northwestern Mexico.