Animas Resources Announces $1 Million Financing
June 09 2011 - 9:00AM
Marketwired
Animas Resources Ltd. (TSX VENTURE: ANI) Animas Resources is
pleased to announce that it has agreed to complete a non-brokered
private placement of 5,000,000 units (a "Units") at $0.20 per Unit
for gross proceeds of $1 million, subject to acceptance by the TSX
Venture Exchange. Each Unit is comprised of one common share and
one-half of one non-transferable common share purchase warrant.
Each warrant entitles the holder to purchase one additional common
share for a period of 24 months at a price of $0.30 per common
share.
The financing will be taken up by a group of long term
supporters and insiders of Animas. Insiders of Animas will be
participating for approximately 35% of the placement. The
securities will have a four-month hold from the date of
closing.
The financing proceeds will be used for mineral exploration on
the Kinsley Mountain property in Nevada, for advancing the Santa
Gertrudis gold project in Mexico, and for general corporate
purposes. Finder's fees of 7% cash and 7% warrants may be paid on a
portion of these offerings.
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, 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. 604-687-6197 604-688-3392 (FAX)
www.animasresources.com
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