Ximen Mining Corp.

Ximen Mining Corp. Is pleased to announce that it has arranged a non-brokered private placement of 10 million units at a price of $0.15 per unit for gross proceeds of $1,500,000. Each Unit consists of one common share and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 24 months from the date of issue, one additional common share of the Issuer at an [...]

Ximen Mining Corp. announces that it has received the steel sets required for the initial construction for the New 1200 Meter Portal. Despite supply shortages and shipping delays, Ximen has been successful in securing and ordering key supplies and equipment in anticipation of the upcoming new portal development at the Kenville Gold Mine. "We want to thank everyone for the overwhelming community encouragement and support [...]

Ximen Mining Corp. is pleased to announce it has engaged the services of Native Ads Inc. to provide strategic digital media services. The Native Ads Inc. campaign includes but is not limited to digital media marketing, data analytics, content development, media buying and distribution, campaign reporting and optimization. The Company has budgeted up to CAD$250,000 for such services over an expected 12-month period, or [...]

Ximen Mining Corp. announces that it is planning to start drilling at its Bud-Elk property, situated in the Greenwood Mining Camp in southeastern BC. Ximen's Bud-Elk property is located west of the city of Greenwood in southeastern BC. The 2022 exploration program of trenching and drilling is designed to test targets for disseminated gold-copper mineralization. Drilling is scheduled to start next month. The Bud Elk [...]

Ximen Mining Corp. announces that it has completed an initial review and target selection based on the VTEM geophysical survey of the Providence and Bud-Elk Properties, situated in the Greenwood Mining Camp in BC. Perspective view of the Total Magnetic Intensity for Ximen's Greenwood Properties. Ximen recently completed a review of the results from a helicopter VTEM survey flown over the Providence and Bud-Elk properties [...]

Ximen Mining is pleased to provide an update on permitting and activities for the Company's 100% owned Kenville Gold Mine project at Nelson. Ximen has been advised by the Ministry of Energy, Mines and Low Carbon Innovation that a draft permit for the proposed mine development and underground drilling will be made available to the Company within 30 days. The Company will then review the permit conditions and accept the [...]

Ximen Mining Corp. is pleased to announce that New Gold Inc. has acquired a 9.9% interest in Ximen. The non-brokered private placement of 8,893,635 charity flow-through shares are priced at $0.285 per share with total gross proceeds of $2,534,686. In a second-step transaction, and part and parcel of the completion of the Offering, New Gold Inc. acquired the 8,893,635 shares at a 30 % discount to the subscription price [...]

Ximen Mining Corp. is pleased to announce it has entered into an extension to its investment agreement with Alumina Partners Ltd., an affiliate of New York-based private equity firm Alumina Partners LLC. providing a drawdown equity financing facility of up to $8,000,000 over the next twenty-four months. For clarity purposes this is not a debt facility. Funds are advanced by way of a private placement with a common share [...]

Ximen Mining Corp. is pleased to announce it has arranged a non-brokered private placement of 8,893,635 charity flow-through shares are priced at $0.285 per share with total gross proceeds of $2,534,686, a 42.5% premium to Ximen's current share price. Each Flow-Through share consists of one common share that qualifies as a "flow-through share" as defined in subsection 66 of the Income Tax Act. The closing of the Financing [...]

Ximen Mining Corp. is pleased to announce results from drilling conducted last year at its newly acquired Wild Horse Gold property, located 15 kilometers northeast of Cranbrook in the Fort Steele Mining Division in southern British Columbia. Property map showing Wild Horse Gold Property near Fort Steele, B.C. The drilling was done to extend previous drill results from 2016 that tested a gold-breccia zone where previous [...]