Monument Mining Ltd V.MMY

Alternate Symbol(s): MMTMF

Metals & Mining Gold

Monument Mining Limited is a Canadian gold producer that 100% owns and operates the Selinsing Gold Mine in Malaysia and the Murchison Gold Project in the Murchison area of Western Australia. It has a 20% interest in Tuckanarra Gold Project, jointly owned with Odyssey Gold Ltd in the same region. Located in the Central Gold Belt of Western Malaysia, the Selinsing Gold Mine covers a total area of approximately 150.3 square kilometers (km2) and includes the Selinsing, Buffalo Reef, Felda Land, Peranggih and Famehub properties. The Murchison Gold Project includes the Burnakura, Gabanintha, and Tuckanarra properties, which are located in the Murchison goldfield of Western Australia, 40 kilometers (km) southeast of Meekatharra and approximately 765km northeast of Perth. Buffalo Reef lies continuously and contiguously along the gold trend upon which the Selinsing Gold Property is located. Both Felda and Famehub are located east and north of the Selinsing and Buffalo Reef properties.

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Monument Mining Ltd

Bullboard Posts

Comment by jodaltonon Mar 01, 2013 1:32pm

174 Views

Post# 21063431

RE: RE: RE: Options exercised?

now we know, the increase of O/S is from the convertible notes

) Convertible notes
On February 15, 2013, subsequent to six month ended December 31, 2012, the Company issued 20,000,000 Common Shares at
an issue price of CAD$0.40 per common share and 20,000,000 common share purchase warrant at an exercise price of CAD$0.50
per common share to the convertible note holders (the “Note Holders”) under an early retirement of convertible notes
arrangement with premium payment of CAD$6,499,314. The Company also bought the inducement gold optionstotaling 8,571
ouncesfrom the Note Holders for CAD$6,049,698.
As a result, the total numbers of options and shares outstanding have been brought up to 23,645,501 and 260,558,030
respectively. Total common share purchase warrants outstanding have increased to 25,000,000.