First Point Minerals Closes Previously Announced Private Placement Financing of Flow-Through Shares First Point Minerals Corp. (FPX-TSX.V) ("First Point" or the "Company") is pleased to announce that it has closed its previously announced Raymond James Ltd. (the "Agent") led best efforts private placement of common shares issued on a "flow-through" basis under the Income Tax Act (Canada) ("Flow-through Shares"). The Company received gross proceeds of C$1,610,959.80 on the issuance of 2,684,933 Flow-through Shares priced at $0.60 per Flow-through Share (the "Offering"). In connection with the Offering, the Agent received a cash commission of C$96,657.59 and 161,096 in broker warrants ("Broker Warrants"). Each Broker Warrant is exercisable into a common share at C$0.72 for a period of two years. All securities issued are subject to a four month hold period. The gross proceeds from the sale of the Flow-Through Shares will be used by First Point to fund Canadian Exploration Expenses ("CEE") on the Company's 100% owned properties, as described in its June 7, 2012 press release. About First Point First Point Minerals Corp. is a Canadian base and precious metal exploration company operating worldwide. For more information, please view the Company's website at www.firstpointminerals.com or contact Jim Gilbert, President and CEO, or Rob Robertson, VP Corporate Development, at (604) 681-8600. On behalf of First Point Minerals Corp. "Jim Gilbert" Jim Gilbert, President and CEO - TSX Venture Exchange: FPX
First Point Min. est une société d’exploration minière d'or et d'argent basée au Canada.
First Point Min. détient divers projets d'exploration au Honduras.
Ses principaux projets en exploration sont CORRALITOS au Mexique, DECAR et JOE au Canada et TULE et CAMPORO au Honduras.