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Re: News Release - Tuesday, November 10, 2009
Mesa Uranium Announces Private Placement
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November 10, 2009 -- Mesa Uranium Corp. (TSXV: MSA) ("Mesa" or the
"Company") is pleased to announce a non brokered private placement (the
"Offering") of up to 1,000,000 units (the "Units") at a price of $0.20
per Unit for gross proceeds of up to $200,000. Each Unit will consist
of one common share (a "Share") in the capital of Mesa and one-half of
one non-transferable common share purchase warrant (a "Warrant"). Each
whole Warrant will entitle the holder thereof to purchase one
additional common share (a "Warrant Share") in the capital of Mesa for
a period of 2 years following the closing of the Offering at a price of
$0.30 per Warrant Share. The securities issued under the Offering will
be subject to a four month hold period under applicable Canadian
securities laws. The Offering is subject to TSX Venture Exchange
approval.
Proceeds from the Offerings will be used for general working capital.
About Mesa Uranium
Mesa explores and develops mineral properties focused in the western
United States. For further information please visit our website at
www.mesauranium.com.
ON BEHALF OF THE BOARD
MESA URANIUM CORP.
(signed) Foster Wilson, President and CEO
This news release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other
than statements of historical facts, including the likelihood of
commercial mining and possible future financings are forward-looking
statements. Although the Company believes the expectations expressed in
such forward-looking statements are based on reasonable assumptions,
such statements are not guarantees of future performance and actual
results or developments may differ materially from those in the
forward-looking statements. Factors that could cause actual results to
differ materially from those in forward-looking statements include
unsuccessful exploration results, changes in metals prices, changes in
the availability of funding for mineral exploration, unanticipated
changes in key management personnel and general economic conditions.
Mining is an inherently risky business. Accordingly the actual events
may differ materially from those projected in the forward-looking
statements. For more information on the Company and the risks and
challenges of its business, investors should review the Company's
annual filings that are available at www.sedar.com
For further information call:
Susan Wilson, Corporate Communications, 604-688-7508
The TSX Venture Exchange has neither approved nor disapproved of the
contents of this news release.
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Copyright (c) 2009 MESA URANIUM CORP. (MSA) All rights reserved. For
more information visit our website at http://www.mesauranium.com/ or
send mailto:info@mesauranium.com
Message sent on Tue Nov 10, 2009 at 11:33:22 AM Pacific Time
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Mesa Exploration
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EXPLORATION STAGE |
CODE : MSA.V |
ISIN : CA59064J1075 |
CUSIP : 59064J107 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Mesa Exploration is a uranium exploration company based in Canada. Mesa Exploration holds various exploration projects in USA. Its main exploration properties are LONE STAR UTAH, HOLBROOK, GREEN ENERGY, MOONSHINE SPRINGS and LISBON VALLEY PROJECT in USA. Mesa Exploration is listed in Canada and in United States of America. Its market capitalisation is CA$ 967 288 as of today (US$ 726 356, € 664 252). Its stock quote reached its highest recent level on February 11, 2011 at CA$ 1.49, and its lowest recent point on February 19, 2016 at CA$ 0.01. Mesa Exploration has 16 121 460 shares outstanding. |