16:27:36 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Colombian Mines Corp
Symbol CMJ
Shares Issued 42,383,427
Close 2015-03-13 C$ 0.11
Market Cap C$ 4,662,177
Recent Sedar Documents

Colombian Mines arranges $100,000 private placement

2015-03-13 20:48 ET - News Release

Bell Services Subject: CMJ: news release Hi, please disseminate immediately. Thanks, Belinda Belinda Tyldesley Closing Bell Services T: 604.788.5508 E: closingbellservices@gmail.com Regulatory Compliance & Corporate Secretarial Services > File: CMJ_NR_20150313_$100k PP_draft.doc NEWS RELEASE Colombian Mines Announces $100,000 Non-Brokered Private Placement Vancouver, British Columbia, March 13, 2015 (TSX-V: CMJ, Frankfurt: X6C) - Colombian Mines Corporation ("Colombian Mines" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement by the issuance of up to 1,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of up to $100,000.00. Each Unit will consist of one common share of stock and one full share purchase warrant. Each full warrant (the "Warrants") will be exercisable for one additional share of the Company's common stock for 24 months at a price of: $0.12 per common share for the first six (6) months; and (ii) $0.20 per common share thereafter until the expiry date being 24 months after closing. The placement is subject to regulatory approval and shares will be subject to a mandatory 4 month hold period as required by the TSX Venture Exchange (the "TSXV"). The Warrants are subject to an accelerated expiry if, at any time after an initial 4 month hold period expires, the closing price of the Company's common shares on the TSXV exceeds $0.30 for any 10 consecutive trading days, in which event the holder will be given notice that the Warrants will expire 30 days following the date of such notice. The Warrants may be exercised by the holder during the 30-day period between the notice and the expiration of the Warrants. About Colombian Mines Corporation: Colombian Mines Corporation is an aggressive exploration and development stage company with a distinct "first mover" advantage in Colombia. Focused on developing shareholder value through exploration and development of key projects, the Company is also one of Colombia's leading "prospect generators". Further information can be found on our website at www.colombianmines.com. Signed: "Robert G. Carrington" President & CEO FOR FURTHER INFORMATION CONTACT: Sharon Hebgin Dave Cross Corporate Communications Chief Financial Officer and Corporate Secretary Phone: (604) 649-9195 - Canada Phone: (604) 558-4300 (760) 668-7211 - United States Email: dcross@crossdavis.com Email: shebgin@colombianmines.com Website: www.colombianmines.com Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statement Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Colombian Mines Corporation. Actual results may differ materially from those currently anticipated in such statements.

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