Animas Resources Ltd.

Animas Resources Ltd.

December 05, 2007 16:54 ET

Animas Resources Increases Financing & Re-Appoints Board at AGM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 5, 2007) - Animas Resources (TSX VENTURE:ANI) announces that it is increasing the non-brokered private placement announced on November 18, 2007 from 1.5 million Units to a maximum of 2.5 million Units at $1.00 per Unit for gross proceeds of $2.5 million. Each Unit is comprised of one common share and one non-transferable common share purchase warrant. Each two warrants entitle the holder to purchase one additional common share for a period of 18 months at a price of $1.50 per common share. The increase was due to strong demand from individual and institutional investors.

The financing proceeds will be used for acquisition payments, general corporate purposes, and drilling at the Santa Gertrudis property.

Annual General Meeting

Animas held its Annual General Meeting in Vancouver, B.C. on Monday, December 3, 2007. The current four members of the Board of Directors - Gregory E. McKelvey, Mark T. Brown, Donald E. Ranta and Bryan Morris - were all re-appointed to the Board and all other matters passed with strong support from the Animas shareholders. The Board then re-appointed Gregory E. McKelvey as President and Chief Executive Officer, and Winnie S. Wong, as Chief Financial Officer.

About Animas Resources Ltd.

Animas Resources Ltd., a North American mineral resource company focused on acquisition and discovery in Latin America, has re-consolidated the Santa Teresa District's Santa Gertrudis gold deposits and prospects within a 323.75 square kilometre land holding. The Company also controls the 274 square kilometre Shirley exploration concession in the Bacanuchi area of Northern Mexico.

This news release was prepared by Company management who take full responsibility for content.

For additional information, contact Animas Resources Ltd. at 604-687-6197 or you may register to receive future press releases at

Gregory E. McKelvey, M.S. (Geol.), President & Director

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

Contact Information

  • Animas Resources Ltd.
    Gregory E. McKelvey, M.S. (Geol.)
    President & Director
    (604) 687-6197
    (604) 688-3392 (FAX)