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Monday, February 02, 2009 Silvermex Resources Ltd. Closes Brokered Financing Of $1,500,000 TSX-V:SMR Silvermex Resources Ltd. (the "Company") announces that further to its news release dated December 24, 2008, it has closed its brokered private placement of 15,000,000 units (the "Units") at a price of $0.10 per Unit for gross proceeds of $1,500,000. Each Unit consists of one common share and one-half of one share purchase warrant. Each whole warrant (a "Warrant") will entitle the holder to purchase an additional common share for a period of 18 months from closing at a price of $0.15 per share. The brokered private placement was arranged through Canaccord Capital Corporation (the "Agent"). The Agent's compensation consisted of a cash commission of 9% of the gross proceeds of the brokered private placement. The Agents were also issued 100,000 corporate finance units (the "Corporate Finance Units") the terms of which are the same as the Units and a compensation option exercisable to acquire that number of units ("Agent's Units") equal to 9% of the number of Units sold pursuant to the brokered private placement. The terms of the Agent's Units are the same as the terms of the Units. In addition, the agent received a corporate finance fee of $25,000 and a work fee of $5,000. The common shares and Warrants comprising the Units, the Corporate Finance Units and the Agent's Units are subject to a hold period expiring June 1, 2009, as are any common shares issued on exercise of the Warrants (if exercised prior to the expiry of such hold period). The proceeds of the private placement are intended to be used to fund work programs on the Company's San Marcial Property in Mexico and for general working capital purposes. On Behalf of the Board of Directors of Silvermex Resources Ltd. Per: "Bruce Bragagnolo" Bruce Bragagnolo CEO & Director |
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| aus der Diskussion: | Silvermex: Silverstar in Mexico |
| Autor (Datum des Eintrages): | hoschmi (02.02.09 22:33:40) |
| Beitrag: | 28 von 101 (ID:36498448) |
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