Fundz

Ximen Mining Corp. Closes Financing

PRIVATEDec 30, 2021

Round Type

Funding Round

VancouverNatural ResourcesSoftwareInternet Services

Description

(TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the "Company" or "Ximen") is pleased to announce that it has closed the final tranche of the non-brokered private placement originally announced on December 1, 2021 consisting of 320,000 flow through shares at a price of $0.22 cents per share for gross proceeds of $70,400.00. Each Flow-Through share consists of one common share that qualifies as a "flow-through share" as defined in subsection 66(15) of the Income Tax Act and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 36 months from the date of issue, one additional non-flow-through common share of the Issuer at an exercise price of Cdn$0.35 per share.

Quick answer

Ximen Mining raised an undisclosed amount in a Funding Round round, dated December 30, 2021. Ximen Mining is based in Vancouver, Washington, United States.

How much did Ximen Mining raise?
Ximen Mining raised an undisclosed amount in a Funding Round round on December 30, 2021.
What does Ximen Mining do?
Ximen Mining Corp. owns 100% interest in three of its precious metal projects; two gold projects, The Amelia Gold Mine and The Brett Epithermal Gold Project and the Treasure Mountain Silver Project adjacent to the past..
Where is Ximen Mining based and how big is it?
Ximen Mining is based in Vancouver, Washington, United States.
Who are the decision-makers at Ximen Mining?
Fundz holds 1 contact at Ximen Mining. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Natural Resources and Internet Services around the same time

Companies in the same sectors as Ximen Mining that raised within 45 days of this round, from Fundz verified event records.

  • A.I.S. Resources Limited raised an undisclosed amount (Funding Round) on December 23, 2021.
  • Bright raised $600K (Seed) on February 11, 2022.
  • Dutch Bros raised $1.6M (Seed) on February 9, 2022.
  • Sheeva.AI raised $3M (Seed) on February 2, 2022.
  • Lunchbox raised $50M (Series B) on February 1, 2022.
  • Mntn raised $119M (Funding Round) on February 1, 2022.

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Company Information

Company

Ximen Mining

Location

Vancouver, Washington, United States

About

Ximen Mining Corp. owns 100% interest in three of its precious metal projects; two gold projects, The Amelia Gold Mine and The Brett Epithermal Gold Project and the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine. Currently, the Treasure Mountain Silver Project is under option agreement. The option partner is making annual staged cash and stocks payments as well as funding the development of the project. Ximen also holds mineral claims in the Greenwood mining camp and has expanded its holdings to include the Kenville mine and extensive claim blocks in the Nelson area and also near Cranbrook, BC.

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