Ximen Mining - XXMMF STOCK NEWS

Ximen Mining Corp has completed the first tranche of a non-brokered private placement, raising $183,000 by issuing 831,818 flow-through shares at $0.22 each. Each share includes a warrant allowing purchase of a non-flow-through share at Cdn$0.35 for 36 months. Proceeds are allocated for exploration on mineral properties in British Columbia. A cash commission of $6,545 and 29,750 finders warrants were issued. The financing is pending final approval from TSX-V.

Ximen Mining Corp (OTCQB:XXMMF) has successfully closed a non-brokered private placement, raising $1,000,000 through the issuance of 4,545,456 flow-through shares priced at $0.22 each. Each share includes a warrant that allows purchase of a common share at Cdn$0.35 for up to 36 months. Additionally, the company arranged another placement for $400,000 with 1,818,182 flow-through shares. Proceeds will fund exploration on its British Columbia properties, subject to TSX-V approval. A cash commission of $70,000 was paid, and finders' warrants were issued.

Ximen Mining Corp has announced a non-brokered private placement of 4,545,456 flow-through shares at $0.22 per share, generating gross proceeds of $1 million. The proceeds will fund exploration activities on its British Columbia mineral properties. Each flow-through share also comes with a transferable warrant, allowing the purchase of an additional share at Cdn$0.35 within 36 months. The offering is subject to TSX Venture Exchange approval, and all securities will be held for four months post-closing.

Ximen Mining Corp (OTCQB:XXMMF) has successfully closed a non-brokered private placement, completing the issuance of 1,818,200 flow-through shares at $0.22 per share, raising a total of $400,004. Each flow-through share includes a common share and a half transferable warrant, which can be converted to a share at Cdn$0.35 over 36 months. Additionally, a final tranche of 1,000,000 units at $0.20 each raised $200,000. Proceeds will fund exploration in British Columbia. This private placement is pending final TSX-V approval.

Ximen Mining Corp (OTCQB: XXMMF) recently secured a drilling permit for its Providence Property in southeastern BC, enabling exploration of approximately 1,600 meters. This follows promising results from earlier drill holes, including 147.25 grams per tonne of silver. Ximen also completed a private placement of $1 million through flow-through shares at $0.22 each to fund exploration. The company is progressing with multiple drill sites to further investigate historical mining records that show significant mineral recovery.

Ximen Mining Corp (OTCQB: XXMMF) has received permit approval for exploration drilling on its Amelia Property located in southeastern British Columbia. The Multi-Year Area Based permit includes 38 drill sites, allowing for 11,400 meters of drilling this year. Historical assays from the area show grades up to 103 grams per tonne gold. Additionally, the company arranged a non-brokered private placement of 2,500,000 units at $0.20 per unit, aiming for gross proceeds of $500,000, to fund exploration and general working capital.

Ximen Mining Corp (OTCQB: XXMMF) will participate in the Banff Capital Conference from August 20-22, 2021. The conference facilitates connections between growth-stage companies and capital finance professionals through individual meetings and networking. Held at the Fairmont Banff Springs Hotel in Alberta, this sold-out event will feature brokers, institutional investors, and high net worth individuals.

Ximen Mining owns three precious metal projects in British Columbia, including The Amelia Gold Mine and The Brett Epithermal Gold Project, and recently acquired the Kenville Gold Mine.

Ximen Mining Corp. (OTCQB: XXMMF) has initiated an exploration program to assess the gold content in tailings from the historic Wilcox gold mine in southeastern British Columbia. The project aims to evaluate a tailings deposit estimated at 3.09 grams of gold per tonne, totaling 12,387 tonnes, with the potential for 1,230 ounces of gold. A detailed survey and sampling campaign will be conducted this season, employing various techniques including auger drilling and drone photogrammetry. The historical resource estimate is not classified as current and requires further verification.