Mayen Minerals Ltd.
TSX VENTURE : MYM

Mayen Minerals Ltd.

October 01, 2009 09:00 ET

Mayen Announces Extension of Time Period to Complete Qualifying Transaction

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 1, 2009) - MAYEN MINERALS LTD. (TSX VENTURE:MYM.P) (the "Company") announces that the TSX Venture Exchange (the "Exchange") has extended the Company's deadline to complete a Qualifying Transaction from October 23, 2009 to March 31, 2010. This relief was granted in accordance with the Exchange's bulletins released on November 3, 2008, March 6, 2009 and September 11, 2009 describing temporary relief measures for current market conditions.

About Mayen Minerals Ltd.

The Company is designated as a Capital Pool Company by the Exchange. The Company has not commenced commercial operations and has no assets other than cash. Any proposed Qualifying Transaction must be approved by the Exchange and, in the case of a non arm's length Qualifying Transaction, must also receive majority approval of the minority shareholders. Until the completion of a Qualifying Transaction, the Company will not carry on any business other than the identification and evaluation of businesses or assets with a view to completing a proposed Qualifying Transaction. For further information regarding the Company and the Company's management team, see the Prospectus filed with the Company's disclosure documents on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD

R.A. Bruce McDonald, President, Chief Executive Officer and a Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Mayen Minerals Ltd.
    R.A. Bruce McDonald
    President and Chief Executive Officer
    (604) 689-4733
    (604) 251-1721