PPM Conducts a Non-Brokered Private Placement
May 09 2011 - 12:14PM
Marketwired Canada
Pacific Imperial Mines Inc. ("PPM") (TSX VENTURE:PPM.H) announces that it will
conduct on a best efforts basis, a non-brokered private placement of up to
2,000,000 shares of the company at $0.15 per share to raise gross proceeds of up
to $300,000.
The proceeds from the private placement will be used for general working capital
purposes. The private placement is subject to receipt of all required regulatory
approvals.
On behalf of the Board of Directors
PACIFIC IMPERIAL MINES INC.
H. Leo King, President
Pacific Imperial Mines (TSXV:PPM)
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