Markland AGF Precious Metals Corp T.MPM

MPM News Release

[Rocketred500]

Maple Minerals to raise $4-million; Falzone resigns 2005-09-29 18:24 ET - News Release Shares issued 31,586,033 MPM Close 2005-09-29 C$ 2.84 Ms. Janice Crawford reports MAPLE MINERALS CORP. ANNOUNCES $4,000,000 PRIVATE PLACEMENT WITH SPROTT ASSET MANAGEMENT AND RESIGNATION OF L.M. (GINO) FALZONE Maple Minerals Corp. has launched a private placement with Sprott Asset Management to raise gross proceeds of up to $4-million. The financing will involve the issue of up to 1.6 million units at a price of $2.50 per unit. Each unit will consist of one common share in the capital of the Maple and one-half of one share purchase warrant. Each warrant entitles the holder thereof to acquire one common share in the capital of the Maple at an exercise price of $3.25 for a period of 12 months from closing. A finder's fee of 2 per cent of the gross proceeds raised will be paid. Closing of the private placement is subject to receipt of all necessary regulatory approvals. Proceeds of the sale of the units will be used for exploration of the corporation's properties and for general corporate purposes. Maple also wishes to announce that L.M. (Gino) Falzone has resigned as president and a director of Maple to pursue other endeavours. The board of directors would like to thank Mr. Falzone for his dedication and commitment to the company and his service as president of Maple for the past five years. Sheldon Inwentash, in addition to his duties as chairman, has been appointed chief executive officer of Maple. Stuart Taylor, the current vice-president, international operations, has been appointed president of Maple. We seek Safe Harbor.

[Haroula]

You might also want to have a look at ESO. Up 27 % today with some good reports.I think there is considerable room to move up IMHO.