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Pacific Imperial Mines Inc V.PPM

Alternate Symbol(s):  PCIMF

Pacific Imperial Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, evaluation and development of mineral properties. The Company is focused on exploring the Brownell Lake property in Saskatchewan and the PAM and Babine properties in British Columbia (B.C.). The Company has an option to acquire approximately 60% interest in the Brownell Lake property, consisting of three mineral dispositions covering 1,863.3 hectares located approximately 17 km northwest of Deschambault Lake, Saskatchewan. It has the option to acquire approximately 100% interest in the Babine and PAM properties in Central British Columbia. The Babine property consists of three mineral claims covering 2,226 hectares, located 1.5 km north of the Granisle Mine. The PAM property consists of seven mineral claims covering 2,403 hectares, located approximately 25 km northeast of the Huckleberry Cu-Mo Mine.


TSXV:PPM - Post by User

Bullboard Posts
Comment by GenHandgrenadeon Aug 22, 2017 12:04pm
69 Views
Post# 26607890

RE:RE:General Info

RE:RE:General InfoFrom SEDAR........................................ PPM ANNOUNCES CLOSING OF PRIVATE PLACEMENT Vancouver, June 13, 2017 - PACIFIC IMPERIAL MINES INC. (the Company) (TSX-Venture-PPM) announces that it has closed its non-brokered private placement announced of April 24, 2017. A total of 4,800,000 common shares were issued at a price of $0.02 per common share for aggregate gross proceeds of $96,000. In addition, 108,500 common shares were issued to an arms length finder who was instrumental in introducing placees to the Company. All securities issued pursuant to the private placement are subject to a four month hold period and may not be traded until October 13, 2017 Proceeds of the private placement will be used to maintain and preserve the Companys existing operations, activities, and assets, and for general working capital purposes. ON BEHALF OF THE BOARD H. Leo King (signed) H. Leo King, President For further information please contact: Roman Shklanka, Chairman, at 604-649-6195, or H. Leo King, President, at 604-318-3331 Email: investor@
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