Ximen Mining Announces Financing – Junior Mining Network

Date:

VANCOUVER, BC / ACCESSWIRE / January 11, 2024 / Ximen Mining Corp. (TSXV:XIM) (FRA:1XMA) (OTCQB:XXMMF) (the “Company” or “Ximen”) is pleased to announce that it has arranged a non-brokered private placement of 2.5 million units at a price of $0.18 per unit for gross proceeds of $450,000. Each Unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one additional common share of the Issuer at an exercise price of $0.25 per share.

A finder’s fee may be paid to eligible finders in accordance with the 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. The offering and payment of finders’ fees are both subject to approval by the TSX-V. There is no material fact or material change of the Company…

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