Pacific Rim Undertaking Financing
2009年12月11日 - 10:00PM
Marketwired
Pacific Rim Mining Corp. (TSX: PMU)(NYSE Amex: PMU) ("Pacific Rim"
or "the Company") announces its intention to sell, by way of a
non-brokered private placement, an aggregate of up to 11.8 million
Units at a price of CDN $0.20 per Unit for gross proceeds of up to
CDN $2.36 million. The private placement will be on a
best-efforts/commercially reasonable basis.
Each Unit consists of one common share in the Company and one
non-transferable share purchase warrant ("Warrant") that entitles
the holder to acquire one additional common share of the Company at
a price of CDN $0.30 for a period of 36 months following the
closing of the financing. Pacific Rim reserves the right to
accelerate the exercise period of the Warrant should the Company
receive an approved environmental permit for its El Dorado property
in El Salvador and its common stock trade on the Toronto Stock
Exchange above a volume weighted average price of CDN $0.40 for 20
consecutive trading days. The Units will be subject to a four-month
trading restriction beginning on the day of issuance. A finders fee
of 6% commission (payable in cash or Units at the discretion of the
finder, subject to all regulatory restrictions) and 6% agent
warrants will be payable on certain placees of the financing.
Pacific Rim reserves the right to cancel or modify the type, nature
and/or price of the Units for any reason. This private placement
remains subject to receipt of all required regulatory
approvals.
The proceeds of the financing will be used for exploration work
including the search for potential new project acquisitions, legal
expenditures, and for general corporate purposes.
The Units offered, including the common stock, Warrants and
shares underlying the Warrants, are not currently qualified by
prospectus or registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), or the laws of any state, and may
not be offered or sold in the United States, or to, or for the
account or benefit of United States persons (as defined in
Regulation S under the Securities Act) or persons in the United
States absent registration or an applicable exemption from the
registration requirements. The securities are subject to resale
restrictions under applicable securities laws.
About the Company
Pacific Rim is an environmentally and socially responsible
exploration company focused exclusively on high grade,
environmentally clean gold deposits in the Americas. Pacific Rim's
primary asset and focus of its growth strategy is the high grade,
vein-hosted El Dorado gold project in El Salvador. The Company owns
several similar grassroots gold projects in El Salvador and is
actively seeking additional assets elsewhere in the Americas that
fit its project focus. Pacific Rim's shares trade under the symbol
PMU on both the Toronto Stock Exchange ("TSX") and the NYSE Amex.
All references to "Pacific Rim" or "the Company" encompass the
Canadian corporation, Pacific Rim Mining Corp, and its U.S. and
Salvadoran subsidiaries, Pac Rim Cayman LLC, Pacific Rim El
Salvador, S.A. de C.V., and Dorado Exploraciones, S.A. de C.V.,
inclusive.
On behalf of the board of directors,
Thomas C. Shrake, President and CEO
Cautionary Note Regarding Forward-Looking Information
Information set forth in this document may involve
forward-looking statements. By their nature, forward-looking
statements are subject to numerous risks and uncertainties, some of
which are beyond Pacific Rim's control, including: the completion
of the financing as set forth with respect to the terms, the time
frame, and amount to be raised; the receipt of all necessary
regulatory approvals. Readers are cautioned that the assumptions
used in the preparation of such information, although considered
reasonable at the time of preparation, may prove to be imprecise
and, as such, undue reliance should not be placed on
forward-looking statements. Pacific Rim's actual results, programs
and financial position could differ materially from those expressed
in or implied by these forward-looking statements.
The TSX and The AMEX have neither reviewed nor accept
responsibility for the adequacy or accuracy of this release.
Contacts: Pacific Rim Mining Corp. Barbara Henderson
604-689-1976 or 1-888-775-7097 604-689-1978 (FAX)
general@pacrim-mining.com www.pacrim-mining.com
Pacific Rim Mining (AMEX:PMU)
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Pacific Rim Mining (AMEX:PMU)
過去 株価チャート
から 6 2023 まで 6 2024