Ximen Engages Investment Banking Services of Jacob Securities Inc.
10 Abril 2014 - 1:32PM
Ximen Mining Corp. (TSX-V:XIM) (the "Company" or "Ximen") is
pleased to announce that it has engaged the services of Jacob
Securities Inc ("Jacob"). Jacob is an independent full-service
investment bank providing a wide range of services including
underwriting, financial advisory services, research, liquidity
support and other services to companies in the renewable power,
infrastructure, energy and mining sectors. The firm has
comprehensive coverage of the complete energy spectrum, from
renewable energy and clean technology to conventional utilities to
oil and gas, and with particular focus in the energy related
commodities, including uranium and rare earth. The Jacob Securities
team has participated in more than $3-Billion in renewable equity
financing.
"As Ximen continues to expand and grow on its opportunities in
the precious metals space, organically and through accretive
acquisitions, we are confident that Jacob securities will play an
instrumental role in assisting Ximen to achieve its objectives. Our
foray into the investment banking community is a key step and we
are pleased to be working with a group that is a believer in the
mining arena." Christopher R Anderson – President and CEO
Jacob Securities will provide Ximen with certain advisory
services including market intelligence and liquidity support
utilizing Jacob Securities' own capital. Pursuant to an advisory
agreement dated April 1, 2014 Jacob will provide certain financial
advisory services. The term of the Agreement is for a period of
twelve (12) months.
Manni Buttar, President of Jacob Securities, added "As the gold
price has dropped from US$1,900/oz to US$1,300/oz, gold companies
are operating in a challenging environment. We support gold
companies with quality assets and a strong management team that can
successfully operate and grow in the current environment. Jacob
Securities wants to help these companies succeed and we want to
build a long-term relationship with them as they grow organically
or through strategic acquisitions".
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in its two
projects, Gold Drop Project and Brett Gold Project located in
southern British Columbia. Recently the company has entered into a
due diligence agreement with Huldra Silver Inc. for the purposes of
determining the feasibility, terms and conditions of a proposal for
the acquisition of Huldra Silver. Ximen is a publicly listed
company trading on the TSX Venture Exchange under the symbol XIM,
and is listed on the Frankfurt (1XM), Stuttgart and Berlin Stock
Exchanges (U9U) in Germany under the symbol A1W2EG.
On Behalf of the board
"Christopher R Anderson"
Christopher R. Anderson, President, CEO and Director, Ximen
Mining Corp.
This press release includes certain statements that may be
deemed "forward-looking statements". All statements in this
release, other than statements of historical facts, that address
future exploration drilling, exploration activities and events or
developments that the Company expects, 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 forward-looking statements. Factors that
could cause actual results to differ materially from those in
forward-looking statements include exploitation and exploration
successes, continued availability of financing, and general
economic, market or business conditions.
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.
CONTACT: Ward Kondas
604-488-3900
email: ward@ximenminingcorp.com
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