Apoquindo Minerals Inc.

Apoquindo Minerals Inc.

December 03, 2007 17:52 ET

Apoquindo Minerals Inc. Issues 2,177,999 Common Shares Upon Exercise of IPO Share Purchase Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 3, 2007) - Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM) is pleased to announce that prior to their expiry on November 28, 2007, 1,800,000 share purchase warrants and 252,000 agent's compensation warrants (each exercisable into one common share and one-half of one warrant) issued as part of the Company's initial public offering were exercised and a total of 2,178,999 common shares were issued. The warrants exercised represent 100% of the share purchase warrants and agent's compensation warrants issued under the Company's initial public offering that was completed on November 28, 2006. The exercise of these warrants raised gross proceeds of $1,570,500.

Apoquindo also announces that Brian Flower has resigned from the Company's board of directors. Apoquindo thanks Mr. Flower for his valuable contributions to the Company as founder, director and officer.

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.


Cesar Lopez


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)