Comaplex Minerals Corp.
TSX : CMF

Comaplex Minerals Corp.

August 25, 2009 23:59 ET

Comaplex Minerals Corp. Announces Closing of Bought Deal Financing

CALGARY, ALBERTA--(Marketwire - Aug. 25, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Comaplex Minerals Corp. ("Comaplex" or "the Corporation") (TSX:CMF) is pleased to announce that it has closed its bought deal financing (the "Financing") previously announced. The Financing was led by BMO Capital Markets and included Haywood Securities Inc. and Research Capital Corporation. An aggregate of 5,530,000 common shares in the capital of the Corporation were issued at a price of $4.25 per share for aggregate proceeds of $23,503,500.

The net proceeds of the Financing will be used by Comaplex for general corporate purposes to develop its mineral properties. The Common Shares issued today are subject to a hold period until December 26, 2009.

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

The statement regarding Comaplex's use of proceeds from the Financing is a forward-looking statement that involves various risks and uncertainties. There can be no assurance that this statement will prove to be accurate; actual results and future events could differ materially from those anticipated in this statement.

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

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.

Contact Information

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

    Comaplex Minerals Corp.
    Mark J. Balog
    Chief Operating Officer
    (403) 265-2846

    Comaplex Minerals Corp.
    Kristen Kulyk
    Manager - Investor Relations
    (403) 265-2846
    www.comaplex.com