Mira Closes $4 Million Private Placement
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/16/12 -- Mira Resources Corp. (TSX VENTURE: MRP) ("Mira") announces that it has closed its $4 million non-brokered private placement of 20,000,000 units at $0.20 per unit (the "Financing"). Each unit is comprised of one common share and one half warrant with each full warrant being exercisable at $0.30 per share for 12 months from closing.
All of the securities issued under the Financing including any shares issued on exercise of warrants will be subject to a four month hold which expires June 15, 2012. No commission was paid with respect to the Financing. The Financing did not result in a change of control of Mira. Through the Financing, Mira's Chairman, Mr. Mohammed Asibelua, has increased his direct and indirect holdings in Mira to 10.3%.
The Financing has received final TSX Venture Exchange approval.
Proceeds from the Financing are being expended on costs associated with Mira's recently completed re-entry program on its TSB #1 Well and for working capital.
ON BEHALF OF THE BOARD
Thomas Cavanagh, President and Director
Cautionary Note Regarding Forward-Looking Statements
This news release includes certain "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. 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 events and results to differ materially from Mira's expectations include risks related to the exploration stage of Mira's project; market fluctuations in prices for securities of exploration stage companies; and uncertainties about the availability of additional financing.
Issued and Outstanding: 152,885,558
Neither the 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.
Contacts:
Mira Resources Corp.
Thomas Cavanagh
President and Director
Toll Free: 1-855-687-7742
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Unternehmensinformation / Kurzprofil:
Datum: 16.02.2012 - 14:15 Uhr
Sprache: Deutsch
News-ID 115594
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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"Mira Closes $4 Million Private Placement"
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