Ximen Mining (TSE:XIM) has released an update.
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Ximen Mining Corp. has launched a non-brokered private placement aiming to raise $500,000 by offering 5 million units at $0.10 each, with each unit including a share and a purchase warrant. The proceeds from this placement will fund exploration activities on the company’s British Columbia mineral properties and cover general working capital needs. All securities are subject to a four-month hold period and TSX Venture Exchange approval.
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