Comaplex Minerals Corp.
TSX : CMF

Comaplex Minerals Corp.

May 15, 2008 15:22 ET

Comaplex Minerals Corp.-Announces Common Share Bought Deal Financing

CALGARY, ALBERTA--(Marketwire - May 15, 2008) -

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

Comaplex Minerals Corp. ("Comaplex") (TSX:CMF) has announced today that it has entered into an agreement with BMO Capital Markets, under which BMO Capital Markets has agreed to buy, on bought deal basis by way of a short form prospectus, 4,200,000 common shares (the "Common Shares"), at a price of C$5.55 per Common Share for gross proceeds of C$23,310,000. The net proceeds will be used to advance the exploration and development of the Meliadine West property in Nunavut and for general corporate purposes. The offering is expected to close on or about June 6, 2008 and is subject to Comaplex receiving all necessary regulatory approvals.

The securities offered have not been registered under the U.S. 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. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Contact Information

  • Comaplex Minerals Corp.
    George F. Fink
    President and CEO
    (403) 265-2846
    or
    Comaplex Minerals Corp.
    Mark J. Balog
    Vice-President, Exploration
    (403) 265-2846