Mr. Dean Curtis

May 04, 2010 17:02 ET

Mr. Dean Curtis: Press Release

CALGARY, ALBERTA--(Marketwire - May 4, 2010) - Mr. Dean Curtis announces that he, through his registered retirement savings plan ("RRSP"), has acquired 1,724,900 units ("Units") of Excelsior Mining Corp. ("Excelsior") at a price of $0.15 per Unit. Each Unit is comprised of one common share of Excelsior ("Common Share") and one Common Share purchase warrant ("Warrant").

Mr. Curtis now beneficially owns or controls 1,724,900 Common Shares (approximately 9.9% of the issued and outstanding Common Shares) and 1,724,900 Warrants, all through his RRSP. Assuming exercise of all of the Warrants which Mr. Curtis beneficially owns and controls, Mr. Curtis would own or control approximately 18.2% of the Common Shares then issued and outstanding.

The Common Shares and Warrants were acquired for investment purposes from treasury of Excelsior.

Although he has no present intention to increase his ownership, Mr. Curtis may increase or decrease his ownership of Excelsior from time to time based on investment considerations.

Contact Information

  • Dean Curtis
    902D, 500 Eau Claire Avenue S.W.
    Calgary, Alberta T2P 3R8
    (403) 294-1516