EXMIN Resources Inc.
TSX VENTURE : EXM

EXMIN Resources Inc.

June 05, 2007 16:30 ET

EXMIN Announces Approval of Shareholder Rights Plan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 5, 2007) - EXMIN Resources Inc. (EXMIN) (TSX VENTURE:EXM) is pleased to announce that at its annual and special meeting held on June 1, 2007, shareholders approved the shareholder rights plan (the "Rights Plan") previously adopted by the board of directors on April 30, 2007. The Rights Plan is designed to encourage the fair treatment of shareholders in connection with any take-over bid or similar proposal to acquire common shares of EXMIN and will provide the board of directors and EXMIN's shareholders more time to evaluate any unsolicited take-over bid and, if appropriate, to seek out other alternatives to maximize shareholder value. The Rights Plan was not adopted in response to, or in anticipation of, any known proposal to acquire control of EXMIN.

The Rights Plan has been implemented and is in effect as of June 1, 2007 pursuant to the terms and conditions of a Shareholder Rights Plan Agreement between EXMIN and CIBC Mellon Trust Company, as rights agent. The complete text of the Rights Plan will be filed and available on SEDAR at www.sedar.com.

About EXMIN

EXMIN Resources Inc. is currently focused on the exploration and development of precious metal properties of significant merit in the Sierra Madre gold belt of Northwestern Mexico.

Note: EXMIN Resources Inc. (EXMIN) has taken all reasonable care in producing and publishing information contained in this news release. Material in this news release may still contain technical inaccuracies, omissions or typographical errors, for which EXMIN assumes no responsibility. This news release may include certain "forward-looking statements" including but not limited to comments regarding predictions and projections. All statements, other than statements of historical fact, included in this news release, including, without limitation, statements regarding potential mineralization, exploration results, and future plans and objectives of EXMIN, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in documents filed from time to time with the regulatory authorities.

The TSX Venture Exchange has not reviewed this release and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • EXMIN Resources Inc.
    Karl J. Boltz
    President & CEO
    1-888-244-0304
    or
    EXMIN Resources Inc.
    Investor Relations
    1-888-244-0304
    Email: info@exmin.com
    Website: www.exmin.com