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Re: News Releases - Tuesday, December 15, 2009
First Point Minerals Closes Private Placement Financing with
Cliffs
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This news release, required by applicable Canadian laws, is not for
distribution to U.S. newswire services or for dissemination in the U.S
Peter M. D. Bradshaw, P. Eng., President and Chief Executive Officer of
First Point Minerals Corp. (TSXV:FPX) is pleased to advise the closing
of the previously announced non-brokered private placement financing
with Cliffs Natural Resources Exploration Inc. ("Cliffs"), a
wholly-owned subsidiary of international mining company Cliffs Natural
Resources Inc. The private placement consisted of 10,198,808 shares
priced at $0.0975 per share, for gross proceeds to the Company's
treasury of $994,384. The shares will be subject to a "hold" period
that will expire on April 12, 2010.
The funds will be used, in part, to fund First Point's ongoing nickel
alloy and precious metal exploration programs and for working capital.
First Point Minerals Corp. is a Canadian base and precious metal
exploration company focused on the Americas. For more information,
please view the Company's website at www.firstpointminerals.com or
phone Peter Bradshaw, President and CEO, or Ron Britten, Vice-President
of Exploration, at (604) 681-8600.
FIRST POINT MINERALS CORP.
"Peter M.D. Bradshaw"
Peter M.D. Bradshaw, President - TSX Venture Exchange: FPX
Suite 906 -- 1112 West Pender Street
Vancouver, BC Canada V6E 2S1
Tel: 604/681-8600
Fax: 604/681-8799
e-mail "firstpoint@firstpointminerals.com"
Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
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Copyright (c) 2009 FIRST POINT MINERALS CORP. (FPX) All rights
reserved. For more information visit our website at
http://www.firstpointminerals.com/ or send
mailto:info@firstpointminerals.com
Message sent on Tue Dec 15, 2009 at 11:44:28 AM Pacific Time
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VanEck Vectors Global Alternative Energy ETF
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EXPLORATEUR |
CODE : FPX.T |
ISIN : CA3359371083 |
CUSIP : 335937108 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
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. |