Ximen Mining Launches Private Placement for Exploration

Ximen Mining (TSE:XIM) has released an update.

Ximen Mining Corp. has announced a non-brokered private placement to raise $960,000 through the sale of 12 million units at $0.08 each, with additional purchase options under specific conditions. The funds raised are earmarked for exploration of the company’s British Columbia mineral properties and for general working capital.

For further insights into TSE:XIM stock, check out TipRanks’ Stock Analysis page.