• Sonntag, 25 August 2024
  • 17:19 Uhr Frankfurt
  • 16:19 Uhr London
  • 11:19 Uhr New York
  • 11:19 Uhr Toronto
  • 08:19 Uhr Vancouver
  • 01:19 Uhr Sydney

American Manganese Inc.: Update on Non-Brokered Private Placement

25.01.2011  |  Marketwire

VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/25/11 -- American Manganese Inc. ('American Manganese' or the 'Company') (TSX VENTURE: AMY)(PINK SHEETS: AMYZF) announces an increase of its proposed non-brokered private placement to $4,215,689.10 through the issuance of 14,052,297 Units at a price of $0.30 per Unit.


This private placement has been fully subscribed.


Each Unit is comprised of one common share in the capital of the Company plus a two year share purchase warrant (the 'Warrant'). Each warrant entitles the holder to purchase one common share at a price of $0.40 for two years from the date of issue.


This private placement could be subject to finders' fees which will be paid in accordance with the TSX Venture Exchange policies and is subject to the approval of the regulatory authorities.


The proceeds of this private placement will be used towards pre-feasibility, pilot plant, drilling, baseline environmental work and general working capital.


About American Manganese Inc.


American Manganese Inc. is a diversified specialty and critical metal Company focusing on potentially becoming the lowest cost producer of electrolytic manganese from its Arizona Manganese Project.


On behalf of Management


AMERICAN MANGANESE INC.


Larry W. Reaugh, President and Chief Executive Officer


This news release may contain certain 'Forward-Looking Statements' within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.


The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contacts:

American Manganese Inc.

Larry W. Reaugh

President and Chief Executive Officer

604-531-9639

604-531-9634 (FAX)
www.americanmanganeseinc.com



Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
American Manganese Inc.
Bergbau
-
-

Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.