Welcome to our dedicated page for XIMEN MINING news (Ticker: xxmmf), a resource for investors and traders seeking the latest updates and insights on XIMEN MINING stock.
Ximen Mining Corp (XXMMF) is a mineral exploration company focused on acquiring high-grade gold assets in southern British Columbia. The company owns several precious metal projects, including the Amelia Gold Mine, the Brett Epithermal Gold Project, and the Treasure Mountain Silver Project. Ximen is committed to sustainable mining practices and is currently working on a clean electricity generation project for the Kenville Gold Mine to meet zero-emission targets.
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Ximen Mining Corp. closes final tranche of private placement, raising $120,000
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Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) has successfully closed the first tranche of a private placement, raising $480,000 through the issuance of 8,000,000 units at $0.06 per unit. Each unit comprises one common share and one transferable common share purchase warrant, with each warrant allowing the purchase of an additional common share at $0.08 per share. The net proceeds will be used for exploration expenses on the Company's British Columbia mineral properties and general working capital. The closing of the private placement financing is subject to final TSX-V approval.
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Ximen Mining Corp. has initiated a drill program at its Wild Horse Gold project in southeastern BC. The project covers source areas for the historic Wild Horse River placer gold deposit. Ximen will drill test an area with a gold in soil anomaly and abundant boulders of syenite. The area is transected by the Boulder Creek fault, associated with gold deposits in the Kimberley Gold Trend.
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Ximen Mining Corp. provides update on activities at Kenville Gold Mine project
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Ximen Mining Corp. has closed a private placement, raising $600,000 in gross proceeds. The placement consisted of 6 million units at a price of $0.10 per unit. Each unit includes one common share and one transferable common share purchase warrant. The net proceeds will be used for exploration expenses and general working capital. The company is also proceeding with a shares-for-debt filing to pay outstanding debts of $248,256.48.
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FAQ
What is the current stock price of XIMEN MINING (xxmmf)?
The current stock price of XIMEN MINING (xxmmf) is $0.047 as of December 20, 2024.
What is the market cap of XIMEN MINING (xxmmf)?
The market cap of XIMEN MINING (xxmmf) is approximately 3.6M.
What projects does Ximen Mining Corp own?
Ximen Mining Corp owns the Amelia Gold Mine, the Brett Epithermal Gold Project, and the Treasure Mountain Silver Project.
What is Ximen Mining Corp focused on?
Ximen Mining Corp is focused on acquiring high-grade gold assets in southern British Columbia.
What is Ximen Mining Corp's commitment to sustainable practices?
Ximen Mining Corp is committed to sustainable mining practices and is currently working on a clean electricity generation project for the Kenville Gold Mine to meet zero-emission targets.
What is Ximen Mining Corp's stock symbol?
Ximen Mining Corp's stock symbol is XXMMF.
How can I contact Ximen Mining Corp for investor relations?
You can contact Ximen Mining Corp for investor relations at 604-488-3900 or ir@XimenMiningCorp.com.
XIMEN MINING CORP