Mesa Exploration Announces 100% of Warrants Exercised
07 Junio 2011 - 11:20AM
Marketwired
Mesa Exploration Corp. (TSX VENTURE: MSA)(PINK SHEETS: MSAJF)
("Mesa") is pleased to announce that all of the warrants and
brokers warrants issued as part of the December 2010 financing have
been exercised by the warrant-holders. Mesa has received gross
proceeds of $461,860 which will be used to advance the Green Energy
Project, a brine deposit containing significant lithium, potash,
magnesium, boron and bromine.
About Mesa Exploration
Mesa is developing and exploring a portfolio of mineral
properties in the United States where it controls significant land
holdings. Mesa is advancing the Green Energy Project, a brine
deposit containing significant lithium, potash, magnesium, boron
and bromine. Brine mining operations require lower upfront capital
expenditure and less operating costs than conventional hard-rock
mine operations. Mesa currently has 13.9 million shares issued and
outstanding, and has no debt. For further information please visit
our website at www.MesaExploration.com.
ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.
Foster Wilson, President and CEO
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, including the likelihood of
commercial mining and possible future financings are
forward-looking statements. Although the Company believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ
materially from those in the forward-looking statements. Factors
that could cause actual results to differ materially from those in
forward-looking statements include unsuccessful exploration
results, changes in metals prices, changes in the availability of
funding for mineral exploration, unanticipated changes in key
management personnel and general economic conditions. Mining is an
inherently risky business. Accordingly the actual events may differ
materially from those projected in the forward-looking statements.
For more information on the Company and the risks and challenges of
its business, investors should review the Company's annual filings
that are available at www.sedar.com.
The TSX Venture Exchange has neither approved nor disapproved of
the contents of this news release.
Contacts: Mesa Exploration Corp. Corporate Communications
775-824-4533 info@mesaexploration.com www.MesaExploration.com
Mesa Exploration (TSXV:MSA)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Mesa Exploration (TSXV:MSA)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024
Real-Time news about Mesa Exploration Corp (TSX Venture Exchange): 0 recent articles
Más de Mesa Exploration Corp. Artículos de Noticias