Ximen Announces the Closing of the Last Tranche of the Private Placement and Shares for Debt
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2015) - Ximen Mining Corp. (TSXV: XIM) (the "Company" or "Ximen") is pleased to announce the closing of the last tranche of the private placement further to the Company's news release dated December 23, 2014 and updated on January 29, 2015. The Company announces August 21, 2015 as the hold period expiry date in respect of the shares comprising the units and the shares issued upon exercise of the shares purchase warrants.
The Company also announces that further to its news release dated March 31, 2015, the Company has issued 1,318,078 common shares in settlement of the Company's debts (the "Transaction") and announces August 15, 2015 as the hold period expiry date.
The Company is also pleased to announce that it has appointed Scott Kent as an independent director on its board of directors effective immediately. Mr. Kent brings to the team over 18 years of sales and marketing expertise and has many years of experience in providing public relations counsel to various sectors including mining and manufacturing. The company Further announces that Travis Snyder has stepped down as a director of Ximen Mining Corp. The Company would like to thank Mr. Snyder for his service to the Company as a director.
On behalf of the Board of Directors,
"Christopher R. Anderson"
Christopher R. Anderson,
President, CEO and Director
Ximen Mining Corp. 604 488-3900
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
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