Animas Resources Closes $1.7 Million Financing
November 08 2010 - 9:00AM
Marketwired
Animas Resources Ltd. (TSX VENTURE: ANI) Animas Resources announces
that the non-brokered private placement was over-subscribed and was
closed for gross proceeds of $1,700,000.
The private placement of 4,857,141 units at $0.35 per unit has
been approved by the TSX Venture Exchange. Each unit is comprised
of one common share and one-half of one non-transferable warrant.
Each whole warrant entitles the holder to purchase one additional
common share for a period of 24 months at a price of $0.55 per
common share. In addition, Finder's Warrants, entitling the holder
to purchase up to 286,248 Units for a period of 24 months from
issue at $0.35 per Unit and cash finder's fees of $100,187 are
paid. All securities issued are subject to a four-month hold period
expiring on March 4, 2011. Insiders invested $539,750 in this
placement.
About Animas Resources Ltd.
Animas Resources Ltd.'s mission is to grow the Company through
discovery and acquisition of high-quality mineral deposits of a
significant size and to build upon the historic and current gold
resources. The Company maintains a pipeline of only the highest
quality projects including Santa Gertrudis in Sonora Mexico, Golden
Arrow and Kinsley Mountain in Nevada, USA.
This news release was prepared by Company management, who take
full responsibility for its content.
For additional information, contact Animas Resources Ltd. at
604-687-6197, or you may register to receive future news releases
at www.animasresources.com.
Gregory E. McKelvey, President & Director
Neither 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: Animas Resources Ltd. Gregory E. McKelvey President
& Director 604-687-6197 604-688-3392 (FAX)
www.animasresources.com
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