Mr. Christopher Anderson reports
XIMEN ANNOUNCES INCREASE IN FINANCING TO $1,050,888
Further to the news release dated Dec. 24, 2014, Ximen Mining Corp. has increased
the non-flow-through private placement from four million non-flow-through units of the company at 15 cents per NFT unit to 7,005,920 NFT units to raise an aggregate amount of up to $1,050,888. Each NFT unit consists of one
non-flow-through common share of the company and one non-transferable share purchase warrant. Each warrant has a two-year term for the purchase of one further non-flow-through common share of the company at an exercise price of 25 cents per
share.
A finder's fee may be paid to eligible finders in accordance to TSX Venture Exchange policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing.
Directors,
officers or other insiders of the company may participate in the foregoing offerings, and such parties may sell securities of the company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation
in such offerings. The offerings and payment of finders' fees are both subject to approval by the TSX Venture Exchange.
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