ENP Newswire -
Release date- 21022014 -
In connection with the closing of the Private Placement, which was initially announced on
The net proceeds will be used by the Company for financing a diamond drilling program of 1,000 to 1,500 meters at the Chita South porphyry target, option payments relating to the Company's material properties and for general working capital purposes.
Out of the 10,420,004 Units issued under the Private Placement, 3,800,000 Units were purchased by
The securities issued in connection with the closing of the Private Placement will be subject to a four month hold period expiring on
Minsud is a mineral exploration company focused on exploring its flagship
President and Chief Executive Officer
Tel: (+54) 11-4328-4067
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
This news release includes certain information that may constitute 'forward-looking information' under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements about strategic plans, spending commitments, future operations, results of exploration, anticipated financial results, future work programs, capital expenditures and objectives.
Forward looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the risks identified in the Company's TSXV Filing Statement dated
Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in this press release is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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