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| | December 21, 2009
Canadian International Minerals Amends Terms of Private Placement
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| | Further to news releases in Stockwatch on Nov. 13, 2009, and Nov. 27, 2009, Canadian International Minerals Inc. has repriced both its flow-through and non-flow-through financings. The amended terms of the private placements follow.
The non-flow-through private placement will be sold at eight cents per unit for total gross proceeds of up to $360,000. Each unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into an additional common share for a period of one year at a price of 20 cents per share.
The flow-through units will be sold at 10 cents per flow-through unit for total gross proceeds of up to $675,000. Each flow-through unit consists of one flow-through common share and one-half of one transferable share purchase warrant, each whole warrant exercisable into one non-flow-through common share for a period of one year at a price of 20 cents per share.
All other terms of the placements remain unchanged.
Michael E. Schuss
President & CEO
The CNSX has not approved or disapproved the contents of this news release. |
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| | You can view the Next News Releases item: Wed Jan 13, 2010, CANADIAN INTERNATIONAL MINERALS CLOSES ITS FLOW-THROUGH PRIVATE PLACEMENT
You can view the Previous News Releases item: Fri Nov 27, 2009, Carbo Project in the Heart of Emerging Rare Earth Camp
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