Und wieder News von Ima Ex:
IMA Finalizes $4.65 Million Bought Deal Financing
09:30 EST Wednesday, February 11, 2004
VANCOUVER, BRITISH COLUMBIA--IMA Exploration Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Capital Corporation and including First Associates Investments Inc. who have agreed to purchase, on a bought-deal basis, 1,500,000 units of the Company at a purchase price of $3.10 per unit, for total proceeds of $4.65 million. Each unit will consist of one common share and one half common share purchase warrant. Each full warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company for one year at $3.25 per share. The underwriters will be paid a commission of 6% cash and 200,000 compensation options. The compensation options will be exercisable at a price of $3.25 per compensation option, for a period of twelve months, into one share and one half warrant with the warrants having the same terms as described above. The underwriters' compensation options will be exercisable for a period of twelve months.
The offering and closing is subject to regulatory approval and normal closing conditions. This financing has a four-month hold period.
This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and registration is available. Not for distribution to US newswire services or for dissemination in the United States.
The proceeds from this financing will be used for general working capital and for further exploration on the Company's extensive property portfolio of quality exploration projects.
The Company's primary focus will be to continue to develop reserves on the Navidad claims and will continue on quality exploration work designed to define economic gold and silver deposits in Argentina and Peru. IMA has put together an enviable property portfolio including over 37 well-located, high-potential projects and is continuing to add this package through grass-roots exploration and staking.
ON BEHALF OF THE BOARD
Mr. Joseph Grosso, President & CEO
Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
FOR FURTHER INFORMATION PLEASE CONTACT:
IMA Exploration Inc.
Joseph Grosso
President & CEO
1-800-901-0058 or (604)687-1828
604-687-1858 (FAX)
or
IMA Exploration Inc.
Sean Hurd
Investor Relations Manager
1-800-901-0058 or (604)687-1828
604-687-1858 (FAX)
Email: info@imaexploration.com
Website: http://www.imaexploration.com
und gleich nochmal:
IMA Exploration Inc.: Warrant Price Correction
10:52 EST Wednesday, February 11, 2004
VANCOUVER, BRITISH COLUMBIA--IMA Exploration Inc. would like to correct the terms of the $4.65 million bought deal financing. The warrant price was incorrectly announced as $3.25 for a term of one year. It should have read each full warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company for one year at $3.70 per share. This financing has a four-month hold period.
This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and registration is available. Not for distribution to US newswire services or for dissemination in the United States.
The proceeds from this financing will be used for general working capital and for further exploration on the Company's extensive property portfolio of quality exploration projects.
The Company's primary focus will be to continue to develop reserves on the Navidad claims and will continue on quality exploration work designed to define economic gold and silver deposits in Argentina and Peru. IMA has put together an enviable property portfolio including over 37 well-located, high-potential projects and is continuing to add this package through grass-roots exploration and staking.
ON BEHALF OF THE BOARD
Mr. Joseph Grosso, President & CEO
Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statement
FOR FURTHER INFORMATION PLEASE CONTACT:
IMA Exploration Inc.
Joseph Grosso
President & CEO
(604) 687-1828 or Toll Free: 1-800-901-0058
(604) 687-1858 (FAX)
or
IMA Exploration Inc.
Sean Hurd
Investor Relations Manager
(604) 687-1828 or Toll Free: 1-800-901-0058
(604) 687-1858 (FAX)
Email: info@imaexploration.com
Website: http://www.imaexploration.com
