Animas Resources Ltd.

Animas Resources Ltd.

August 06, 2009 18:17 ET

Animas Resources Clarifies Insider Participation in $1.5 Million Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 6, 2009) - Animas Resources Ltd. (TSX VENTURE:ANI) ("Animas" or the "Company") announced on August 5th that the Company has agreed to complete a $1.5 million financing consisting of 2.5 million Units. The Company's news release intended to indicate that there are no management or directors participating in the offering for which the price was recently reserved at a discount to current the market price of Animas. There is one insider, who is an insider by way of owning more than 10% of Animas, and several significant shareholders that have agreed to participate in the offering.

The additional funds will be used to provide working capital for the Company's Santa Gertrudis property and to help ensure that Animas continues to be in a strong financial position. These additional funds will allow the Company to expand the upcoming drill program at the Santa Gertrudis gold project and the many targets identified by the geological team in this large district.

Each Unit will be priced at $0.60 and consists of one common share and one half of one common share purchase warrant. Each whole warrant allows the holder to purchase one additional common share for a period of 18 months from the closing date for additional consideration of $0.85. All securities are subject to a four-month hold from the date of issuance and require the TSX Venture Exchange's approval before issuance.

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 562 square kilometer land holding. Our mission is to grow Animas Resources through discovery and acquisition of high quality mineral deposits and to build upon the historic gold resource base at Santa Gertrudis, Mexico, and maintain a pipeline of only the highest quality projects.

This news release was prepared by Company management, who take full responsibility for its content. The technical disclosure in this press release has been reviewed by Dr. Roger Steininger, a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators.

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

Gregory E. McKelvey, President & Director

This press release contains "forward-looking information" which may include, but is not limited to, statements with respect to drilling plans, timing of our planned NI 43-101 resource report, timing of assays, resource estimates, projections, our planned exploration and drilling programs, the availability of future financing for exploration and other plans, projections, estimates and expectations. Such forward-looking statements reflect our current views with respect to future events and are subject to certain risks, uncertainties and assumptions, including, the risks and uncertainties outlined in our most recent financial statements and reports and registration statement filed with the Canadian securities administrators (available at Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, believed, estimated or expected.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Animas Resources Ltd.
    Gregory E. McKelvey
    President & Director
    604-688-3392 (FAX)