Anatolia Minerals Development Limited
TSX : ANO

Anatolia Minerals Development Limited

October 15, 2009 15:49 ET

Anatolia Minerals Development Limited Announces $49 Million Bought Deal Financing

TORONTO, ONTARIO--(Marketwire - Oct. 15, 2009) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Anatolia Minerals Development Limited (TSX:ANO) ("Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets under which the underwriters have agreed to purchase, on a bought deal basis, 20,000,000 common shares ("Common Shares"), at a price of $2.45 per Common Share for aggregate gross proceeds to the Company of $49,000,000. The Company has granted the underwriters an option, for a period of 30 days following the closing of the offering, to purchase up to an additional 15% of the number of Common Shares purchased pursuant to the offering to cover over-allotments, if any. The proceeds of this financing will be used for the development of the Copler project and general corporate purposes. The offering is scheduled to close on or about November 4, 2009 and is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the Toronto Stock Exchange and other applicable securities regulatory authorities.

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. The securities offered have not been registered under the United States 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.

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