Comaplex Minerals Corp.
TSX : CMF

Comaplex Minerals Corp.

June 06, 2008 23:59 ET

Comaplex Minerals Corp. Announces Closing of Common Share 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 BMO Capital Markets acting as sole underwriter and consisted of the issuance of an aggregate of 4,200,000 common shares in the capital of the Corporation ("Common Shares") at a price of $5.55 per Common Share for gross proceeds of $23,310,000.

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

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