Pinetree Exercises Warrants...
AMI Resources Inc. (AMU.v) prepares for more drilling, Pinetree Exercises Warrants...
2010-05-12 11:15 ET - News Release
Mr. Dustin Elford reports
AMI RESOURCES INC. - PHASE II EXPLORATION PROGRAM AT SIRBA GOLDPROJECT UNDERWAY
AMI Resources Inc. has received $348,000 from the exercise ofwarrants by Pinetree Resource Partnership, Pasquale DiCapo and PowerOneCapital Markets Ltd. The company wishes to extend its appreciation forthe continued support. Proceeds from this financing will be used toinitiate the next-phase exploration program at the Sirba gold projectin Niger as well as for general working capital.
In preparation for the next drilling program, as proposed in theApril, 2010, reports, field investigations of trenching and drill-padpreparations have already been initiated over the following identifiedtarget zones: Congo Toure, Maka, Tialkam South, Deba village,Kokolouko, Alfassi and Sefa Nangue.
The company is earning a 51-per-cent interest in the Sirba goldproject from Golden Star Resources Ltd. The Sirba gold project lieswithin the mineralized corridor on the Sirba belt and borders Semafo'sSamaria Hill mine to the northeast and southwest.
For more information on AMI Resources Inc see: www.amiresources.com