NewsBlaze logo
Newsletter logo   Search News     Daily News   
web2.0 logo   win logo
Published:

CORRECTION FROM SOURCE: Marifil Non-Brokered Private Placement

Finders Fee to be Paid for a Portion of Placement

In the press release issued on August 8, 2006 at 8:00 am ET by MARIFIL MINES LTD., the incorrect information regarding the finder's fee was distributed. The revised and corrected version follows:

MARIFIL MINES LTD. (TSX VENTURE: MFM) will be paying a 6% finder's fee for a portion of the previously announced non-brokered private placement of up to 2,000,000 units at a price of C$0.60 per unit (see Marifil release August 8, 2006.) Incorrect information regarding the finder's fee was distributed previously.

Each unit comprises one Common Share and one-half Warrant. The shares will have a four-month hold period. One full Warrant can be used to purchase a second Common Share at a price of $0.75 for a period of one year. Proceeds from the placement will be used for general working capital.

The above is subject to regulatory approval.

For further information regarding Marifil Mines Ltd., please refer to the Company's filings available on SEDAR (Http://www.sedar.com) or at Marifil's Website (Http://www.marifilmines.com.)



The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.


Tags: ,Manufacturing and Production:MiningandMetals, ,NY,SPOKANE, WASHINGTON
   _   _

  care2 logo   digg logo   blogger logo   newsfeeder logo   netscape logo  
Is your favorite bookmark site missing? Ask for it.
marker


Sponsor Links:

Writers Wanted
Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer
Relevant Sites:

NewsBlaze 

Copyright © 2004-2008 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy       Support    Press Room