Ximen Mining Corp announces Amendment of NSR Purchase Agreement
Vancouver, British Columbia (FSCwire) - (TSX-V: XIM) Ximen Mining Corp. is pleased to announce that it has further amended the terms pertaining to agreement for the purchase of the net smelter return royalty on certain mineral claims comprising the Brett Gold property where the final payment of $1,250,000 shall be paid in two installments; $420,000 shall be paid by way of 6,000,000 common shares upon TSX Venture Exchange approval at the deemed price of $0.07 per common share and $830,000 shall be payable on or before February 20, 2020.
On behalf of the Board of Directors,
“Christopher R. Anderson”
Christopher R. Anderson,
President, CEO and Director
604 488-3900
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in all three of its precious metal projects. Ximen`s two Gold projects, The Gold Drop Project and Brett Gold Project are located in southern British Columbia. Ximen also owns the Treasure Mountain Silver project adjacent to the past producing Huldra Silver Mine. Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, in the USA under the symbol XXMMF, and in Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XM and WKN with the number as A1W2EG
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.
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.
Ximen Mining Corp
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4 Tel: 604-488-3900
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Ximen05182017.pdf
Source: Ximen Mining Corp. (TSX Venture:XIM)
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