Ximen Mining Corp Accelerates $1 Warrants to Increase Treasury by Up to $674,000
11 April 2014 - 11:20PM
Ximen Mining Corp. (TSX-V:XIM) (the "Company" or "Ximen") is
pleased to announce that the warrants from a financing announced on
February 27, 2014 are now subject to an acceleration clause.
Participants now have 30 days in which to exercise their warrants
at $1.00 due to the Issuer's shares trading at or above a price of
$1.10 per share for a period of 10 consecutive trading days.
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in its two
projects, Gold Drop Project and Brett Gold Project located in
southern British Columbia. Recently, the Company has entered into a
due diligence agreement with Huldra Silver Inc. (TSX:HDA) for the
purposes of determining the feasibility, terms and conditions of a
proposal for the acquisition of Huldra Silver. Ximen is a publicly
listed company trading on the TSX Venture Exchange under the symbol
XIM, and is listed on the Frankfurt (1XM), Stuttgart and Berlin
Stock Exchanges (U9U) in Germany under the symbol A1W2EG.
On behalf of the Board of Directors,
"Christopher R. Anderson."
Christopher R. Anderson, President, CEO and Director, Ximen
Mining Corp.
This press release includes certain statements that may be
deemed "forward-looking statements". All statements in this
release, other than statements of historical facts, that address
future exploration drilling, exploration activities and events or
developments that the Company expects, are forward looking
statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward-looking statements include exploitation and exploration
successes, continued availability of financing, and general
economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
CONTACT: Ward Kondas
604-488-3900
ward@ximenminingcorp.com
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