Ximen Mining Corp Announces Accelerated Expiry Dates for Warrants
February 19, 2014 5:15 PM EST | Source: Ximen Mining Corp.
Vancouver, British Columbia--(Newsfile Corp. - February 19, 2014) - Ximen Mining Corp. (TSXV: XIM) (the "Company" or “Ximen”) is pleased to announce that the warrants from a financing announced on December 4, 2013 and January 22, 2014 are now subject to an acceleration clause. Participants now have 30 days in which to exercise their warrants at $0.50 due to the Issuer's shares trading at or above a price of $0.55 per share for a period of 10 consecutive trading days.
The Company also announces that it has granted options to purchase 500,000 shares to certain consultants of the Company. The options shall be exercisable at a price of $00.70 per share and shall have a term of two years.
XIMEN MINING CORP.
Per: "Chris Anderson "
Chris Anderson, President
For more information, please contact:
Ximen Mining Corp.
604-488-3900
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.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.