Colombian Mines Corporation

Colombian Mines Corporation

March 17, 2008 19:08 ET

Colombian Mines Corporation Files Final Prospectus for Initial Public Offering

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 17, 2008) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Colombian Mines Corporation (the "Company") announces that it has filed a final prospectus with the securities regulatory authorities in each of the provinces of British Columbia, Alberta and Ontario in connection with the initial public offering of its common shares. The Company will issue 1,000,000 common shares at $1.00 per share for gross proceeds of $1,000,000.

Closing, which is subject to customary closing conditions, is currently scheduled for March 31, 2008. The TSX Venture Exchange (the "TSXV") has conditionally approved the listing of the Company's common shares under the symbol "CMJ", subject to the Company satisfying the TSXV's customary listing requirements.

The agent for the offering is Integral Wealth Securities Limited.

A copy of the final prospectus is available on SEDAR (www.sedar.com).

The Company is engaged in the business of mineral exploration in Colombia for the purpose of locating and developing properties of merit. The Company's principal focus is on its Yarumalito and Guayabales properties located in Colombia.

This press release is not an offer of securities for sale in the United States. The Company's shares have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

Contact Information

  • Colombian Mines Corporation
    Kim Casswell
    Corporate Secretary
    (604) 669-0868