Comaplex Minerals Corp.
TSX : CMF

Comaplex Minerals Corp.

June 06, 2008 23:59 ET

Comaplex Minerals Corp. Announces Closing of Bought Deal Financing

CALGARY, ALBERTA--(Marketwire - June 6, 2008) -

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

Comaplex Minerals Corp. ("Comaplex") (TSX:CMF) is pleased to announce that it has closed its bought deal financing (the "Financing") previously announced on May 15, 2008. The Financing was conducted with a syndicate of underwriters led by Haywood Securities Inc. and including J.F. Mackie & Company Ltd. and consisted of the issuance of an aggregate of 1,832,061 common shares in the capital of the Corporation issued on a "flow-through" basis (the "Flow-Through Shares") at a price of $6.55 per Flow-Through Share for gross proceeds of $12,000,000.

The Corporation intends to use the proceeds of the Financing to advance the exploration and development of the Meliadine property in Nunavut.

Comaplex is a junior resource company that explores for precious metals, base metals and diamonds in Canada and internationally.

Forward-Looking Statements: Except for statements of historical fact, all statements in this press release - including, without limitation, statements regarding Comaplex's use of proceeds from the Financing - are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements.

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Contact Information

  • Comaplex Minerals Corp.
    George F. Fink
    President and CEO
    (403) 265-2846