| ||Fri Sep 25, 2009|
Messina Minerals Inc. Announces Private Placement
| ||Vancouver, BC, September 25, 2009 -- Messina Minerals Inc. (TSX-V:MMI) (the "Company") is pleased to announce a non-brokered private placement of up to $225,000 of securities of the Company. The offering will be comprised of the issuance and sale of up to $225,000 of flow-through common shares of the Company at a price of $0.15 per share. |
Proceeds received from the private placement are intended to be used to continue exploration work on the Company's properties in central Newfoundland.
The offering is expected to close on or about October 9, 2009 and is subject to certain conditions and to the receipt of all required regulatory approvals and consents, including the approval of the TSX Venture Exchange. The securities of the Company issuable pursuant to the private placement will be subject to a Canadian hold period expiring four months and one day after the closing date.
The securities proposed to be offered in the private placement have not been registered under the U.S. Securities Act of 1933, as amended, or any State securities laws, and may not be offered or sold in the United States or to U.S. Persons absent registration or an applicable exemption from the registration requirements.
Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold massive sulphide deposits in central Newfoundland, Canada on its extensive 410 square kilometer mineral lands, in a region known historically for its zinc-copper resources and where the Company has made massive sulphide discoveries including "Boomerang" and "Domino". See our website for more information.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
ON BEHALF OF THE BOARD OF DIRECTORS OF
MESSINA MINERALS INC.
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.
For further information please contact:
Peter Tallman, President
Fax: (604) 601-8253
You can view the Next News Releases item: Wed Oct 14, 2009, Messina Minerals Inc. Announces Closing of Private Placement
You can view the Previous News Releases item: Mon Aug 10, 2009, Messina Minerals Inc. Prospecting Results at Haven Steady, NL
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