Comaplex Minerals Corp.
TSX : CMF

Comaplex Minerals Corp.

May 15, 2008 15:28 ET

Comaplex Minerals Corp.-Announces Flow-Through 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 a syndicate of underwriters led by Haywood Securities Inc. and including J.F. Mackie & Company Ltd., to sell, on a bought deal basis by way of a short form prospectus, 1,832,061 flow through common shares (the "Flow Through Common Shares"), at a price of C$6.55 per Flow Through Common Share for gross proceeds of C$12 million. The gross 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.

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