/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
TORONTO, March 23 /CNW/ - Comaplex Minerals Corp. (TSX:CMF) ("Comaplex")
has announced today that it has closed a private placement previously
announced on March 6, 2007. The private placement was conducted with a
syndicate of underwriters led by BMO Capital Markets and including Haywood
Securities Inc. and J.F. Mackie & Company Ltd. and consisted of the issuance
of 6,000,000 common shares of Comaplex (the "Common Shares"), at a price of
$4.45 per Common Share for gross proceeds of $26,700,000. The syndicate was
paid a cash commission on the gross proceeds of the private placement.
Comaplex anticipates it will use the net proceeds of the offering for
exploration and development of its Meliadine project and for general corporate
Comaplex is a junior resource company that explores for precious metals,
base metals and diamonds in Canada and internationally.
The securities offered have not been registered under the U.S. Securities
Act of 1933, as amended, and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
requirements. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities
in any State in which such offer, solicitation or sale would be unlawful.
For further information:
For further information: George F. Fink, President and CEO, (403)
265-2846; Mark J. Balog, Vice-President, Exploration, (403) 265-2846