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Empire Mining Corporation Closes Non-Brokered Private Placement
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Vancouver, B.C., July 23, 2007. Empire Mining Corporation (the
"Company"), (EPC.P: TSX-V) is pleased to announce that it has closed
the non-brokered private placement previously announced on July 3,
2007. The Company raised a total of $1,500,000 through the issuance of
4,999,995 common shares at a price of $0.30 per share. All securities
are subject to a four month hold period expiring November 21, 2007.
A cash commission was paid in connection with the financing in the
aggregate amount of $59,824.
The net proceeds of the financing will be used by the Company to
identify and evaluate assets or businesses for acquisition with a view
to completing a Qualifying Transaction under the Capital Pool Policies
of the Exchange.
ON BEHALF OF THE BOARD
"Robert Giustra"
Robert Giustra
Director
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
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Copyright (c) 2007 EMPIRE MINING CORPORATION (n/a) All rights
reserved. For more information visit our website at
http://www.empireminingcorp.com/ or send
mailto:info@empireminingcorp.com
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Empire Mining Corporation
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EXPLORATION STAGE |
CODE : EPC.V |
ISIN : CA19890A1003 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Empire Mining is a exploration company based in Canada. Empire Mining holds various exploration projects in Serbia, in Serbia and montenegro and in Turkey. Its main exploration properties are BULQIZA in Albania, NEVLJE in Serbia and montenegro, POVLEN in Serbia and BURSA in Turkey. Empire Mining is listed in Canada. Its market capitalisation is CA$ 13.5 millions as of today (US$ 12.6 millions, € 9.3 millions). Its stock quote reached its highest recent level on January 21, 2011 at CA$ 0.72, and its lowest recent point on May 17, 2013 at CA$ 0.04. Empire Mining has 93 348 000 shares outstanding. |