Ximen Mining Corp. Appoints Director and Announces Financing
Vancouver - Ximen Mining Corp. (the “Company” or “Ximen”) is pleased to announce that it has appointed Mr. Roy Davis, BSc, ARSM Metalliferous Mining. Roy Davis received an honours degree in mining engineering from Imperial College London, and was an associate at the Royal School of Mines. Throughout his career he has held senior positions in both private and public mining companies, including practical experience in exploration and production mining with amongst others, The National Coal Board(UK), NJ Zinc Company, Noranda, INCO and Goldquest.
Mr. Davis also held senior agency positions in both advertising and PR with Burson Marstellar, and J Walter Thompson, specializing in copywriting, account management and new business development. He founded Short, Curnow and Cuthbert Media before merging it to form MediaPlus International(MPI) one of the foremost independent global media specialists in London. He was managing director of MPI for over ten years.
Ximen is excited to have a person of Roy’s high caliber join its board. His unique combination of international advertising and public relations business expertise, together with his extensive mining experience, will be a huge benefit to the board of Ximen and its shareholders.
The Company also announces it has arranged a non-brokered private placement of 18,181,818 million units at a price of $0.055 per unit for gross proceeds of $1,000,000. The units of the financing will comprise one common share and a full share purchase warrant, which may be exercised for a period of five years at a price of $0.075 per share. Directors, officers or other insiders of the Company may participate in the foregoing offerings, and such parties may sell securities of the Company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation in such offerings.
The offering is subject to approval by the TSX-V.
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
