Animas Shareholders Approve Financing
October 26 2011 - 4:15PM
Marketwired Canada
Animas Resources Ltd. (TSX VENTURE:ANI) shareholders have now approved the
creation of a new control person by way of a private placement which will raise
$3.4 million for Animas to advance the Santa Gertrudis Gold Project in Mexico.
On August 31, 2011 Animas announced that it had agreed to raise the $3.4 million
by way of a non-brokered private placement of Units at $0.20 per Unit. Mr.
Ernesto Echavarria is the sole purchaser of the Units and, subject to
shareholder approval, will become a 39.1% shareholder of Animas.
Animas believes that Mr. Echavarria's involvement, along with the new strategic
plan announced on August 31, 2011, will be a significant benefit to all
shareholders of Animas.
The private placement will be filed for approval by the TSX Venture Exchange and
will be closed shortly thereafter.
About Animas Resources Ltd.
Animas Resources Ltd., a North American mineral resource company focused on
acquisition and discovery, consolidated the Santa Teresa District's Santa
Gertrudis precious metal and related deposits and prospects within a 562 square
kilometer land holding. Our mission is to grow Animas Resources through
development, discovery and acquisition of high-quality mineral deposits and to
build upon the historic gold resource base at Santa Gertrudis, Mexico, and
maintain a pipeline of only the highest quality projects.
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.
Mark T. Brown, Director
This press release contains "forward-looking information" which may include, but
is not limited to, statements with respect to drilling plans, timing of our
planned NI 43-101 resource report, timing of assays, resource estimates,
projections, our planned exploration and drilling programs, the availability of
future financing for exploration and other plans, projections, estimates and
expectations. Such forward-looking statements reflect our current views with
respect to future events and are subject to certain risks, uncertainties and
assumptions, including, the risks and uncertainties outlined in our most recent
financial statements and reports and registration statement filed with the
Canadian securities administrators (available at www.sedar.com). Should one or
more of these risks or uncertainties materialize, or should underlying
assumptions prove incorrect, actual results may vary materially from those
anticipated, believed, estimated or expected.
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