Apoquindo Minerals Inc.
TSX VENTURE : AQM

Apoquindo Minerals Inc.

November 20, 2007 17:34 ET

Apoquindo Minerals Inc. Announces Strategic Private Placement Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2007) - Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM) is pleased to announce a non-brokered private placement of 5,000,000 common shares at a price of $1.35 per share to be sold to Acacia Fund. The placement is expected to close on December 19, 2007 and will raise gross proceeds of $6,750,000 which will be used to fund exploration programs on the Madrugador and Elenita Mineral properties that comprise the Company's Apoquindo Copper Oxide Project in the Antofagasta Region of Chile. The private placement is subject to regulatory approval.

About Apoquindo

Apoquindo Minerals Inc. (TSX VENTURE:AQM) is a Canadian based mineral exploration company whose principal purpose is the acquisition and development of base and precious metal deposits in South America. The Company is advancing its Apoquindo Copper Oxide Project in Chile comprised of highly prospective leachable copper deposits under option located in a historic mining district in the Antofagasta Region's Coastal Range. In Peru, its wholly owned subsidiary, Minera KoriTambo SAC, is aggressively seeking gold and copper properties.

Management and directors have extensive experience working with and for the world's largest mining companies as well as several mining juniors. Apoquindo Minerals has offices in Santiago, Chile, Lima, Peru and Vancouver, Canada and will continue to expand its business using its effective team of experts in Exploration, Geology, Metallurgy, Mine Engineering, Law and Finance.

ON BEHALF OF THE BOARD OF DIRECTORS

Cesar Lopez

APOQUINDO MINERALS INC.

This news release may contain forward-looking information including but not limited to comments regarding the timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking information includes disclosure regarding possible future events, or conditions or results of operations that is based on assumptions about future economic conditions and courses of action, and therefore, involves inherent risks and uncertainties. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange has not reviewed and does not take responsibility for the accuracy of this release.

Contact Information

  • Apoquindo Minerals Inc.
    Winnie Wong
    Chief Financial Officer
    (604) 687-3520
    (604) 688-3392 (FAX)