VANCOUVER, Aug. 10 /CNW/ - Mexivada Mining Corp. has agreed to a private
placement of 5,000,000 units at a price of $0.075 per unit for gross proceeds
of $375,000. Each unit will be comprised of one common share and one share
purchase warrant, with each warrant entitling the holder to purchase an
additional share at an exercise price of $0.10 per share for a period of
eighteen months from the date of issue. This placement will close on August
28, 2009, subject to acceptance for filing by the TSX Venture Exchange.
About Mexivada Mining Corp.
Mexivada is a diversified Canadian mineral exploration company focused on
identifying, acquiring, advancing, mining, and joint venturing high-grade
Gold-Silver, Tellurium, Diamond, and Rare Metal exploration projects in
Mexico, Nevada, and Africa. Mexivada is managed by experienced and successful
board members and advisors. For further information, please visit our web site
at www.mexivada.com or contact us by e-mail at firstname.lastname@example.org.
ON BEHALF OF THE BOARD OF DIRECTORS
"RICHARD R. REDFERN"
Richard R. Redfern
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Michael J. Stetzel, Investor Relations Manager,
Telephone: (866) 922-6774 or (778) 737-7771, email@example.com,