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 British Columbia-based explorer focused on advanced precious metals projects, including its flagship Brett epithermal gold property. This page serves as the definitive source for official company announcements, operational updates, and exploration progress reports.
Investors and industry observers will find curated press releases detailing drill program results, geophysical survey findings, and strategic partnership developments. Our repository includes updates on resource modeling advancements, permit acquisitions, and corporate financial disclosures.
All content is organized chronologically for efficient tracking of the company's exploration initiatives across multiple assets. Key areas of coverage include Brett Project expansion updates, Amelia Gold Mine evaluations, and Kenville Gold Mine infrastructure developments.
Bookmark this page for direct access to unfiltered operational updates from Ximen Mining's technical team. Check regularly for new insights into gold-silver mineralization targets and evolving exploration strategies in Canada's prolific mining regions.
Ximen Mining Corp. has successfully closed a non-brokered private placement, issuing 2,714,286 flow-through units at $0.07 each to raise $190,000. This placement involved common shares and warrants, allowing investors to purchase additional shares at Cdn$0.10 within five years. Proceeds will fund exploration of mineral properties in British Columbia. The transaction involved related party participation by Christopher Anderson, the company president, under exemptions from formal valuation and minority approval requirements. All securities issued will be subject to a hold period until April 22, 2023.
Ximen Mining (OTCQB:XXMMF) has updated shareholders on the status of its Kenville Gold Mine permits in British Columbia. The company expects to receive two permits soon: one from the Ministry of Energy, Mines and Low-Carbon Innovation, and one from the Ministry of Environment. These permits are vital for advancing the project, which aims to be one of the greenest gold mines in Canada. Shares traded at $0.11, reflecting a 100% increase following the announcement, highlighting market optimism for the company's future.
Ximen Mining Corp (OTCQB: XXMMF) updates shareholders on the Kenville Gold Mine permit status following a call with Major Mines of BC on December 8, 2022. The company expects two permits: one from the Ministry of Energy and another from the Ministry of Environment. The draft permit from Mines is complete, while the Environment draft is also ready for submission. Both permits will include conditions and require a brief review before final approval. The company aims to operate sustainably and provide significant employment opportunities in the region.
Ximen Mining Corp (OTCQB: XXMMF) announced a non-brokered private placement of 7 million flow-through shares at $0.07 each, raising gross proceeds of $490,000. The shares will fund exploration on its British Columbia properties. Each share includes a warrant allowing the purchase of an additional non-flow-through share at Cdn$0.10 for five years. The offering is pending TSX Venture Exchange approval, and insiders may participate. With a focus on acquiring high-grade gold assets, Ximen aims to advance the Kenville Gold Mine towards production.
Ximen Mining Corp has successfully closed a private placement for gross proceeds of $560,000, consisting of 8 million units priced at $0.07 each. Each unit includes a common share and a warrant to purchase another share at $0.10 for 60 months. The net proceeds will fund exploration on British Columbia mineral properties and general working capital. The transaction involved a related party, with exemptions from formal valuation and minority approval requirements. The placement is pending final TSX-V approval.
Ximen Mining Corp has fully subscribed its private placement offering of 8 million units at $0.07 per unit, raising $560,000. Each unit includes one common share and one purchase warrant, exercisable at $0.10 for five years. Participation may include insiders, with a finder's fee possible upon TSX-V approval. Net proceeds will fund exploration in British Columbia and support general working capital. There are no undisclosed material changes, and all securities will have a four-month hold period after closing.
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