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Animas Resources Closes $1,015,000 Financing
Published : June 21, 2011
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Keywords :   G Mexico | Gold | Lead | Market | Mexico |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 21, 2011) - Animas Resources Ltd. (News - Market indicators) Animas Resources announces that it has closed the non-brokered private placement announced on June 9, 2011 for gross proceeds of $1,015,000.

Animas is focused on advancing the Santa Gertrudis gold deposit in Northern Mexico. In 2010, Animas completed an updated NI 43-101-compliant resource estimate technical report (see news release on January 5, 2011) and as part of that process, the geological team, lead by Greg McKelvey and John Wilson, identified 14 specific untested gold targets with potential to add to the near surface precious metal resource base at the Santa Gertrudis gold deposit.

The Santa Gertrudis gold deposit was a former gold producing mine in the 1990s using low cost open pit mining and heap leaching of ores. Animas is also assessing the costs of preparing feasibility studies that contemplate moving Santa Gertrudis back into production given the high gold prices at present.

Gregory E. McKelvey noted that "this financing shows the support that Animas has from it's core shareholders and insiders and their confidence in the Company to advance its projects. With current record high gold prices and our resource reports updated last year, we plan to look at the next stages of exploration and production costs this summer."

The private placement of 5,075,000 units at $0.20 per unit has been approved by the TSX Venture Exchange. Each unit is comprised of one common share and one-half of one non-transferable warrant. Each whole warrant entitles the holder to purchase one additional common share for a period of 24 months at a price of $0.30 per common share. In addition, Finder's Warrants, entitling the holder to purchase up to 105,000 Units for a period of 24 months from issue at $0.20 per Unit and cash finder's fees of $21,000 are paid. All securities issued are subject to a four-month hold period expiring on October 17, 2011. Insiders invested $350,000 in this placement. 

The financing proceeds will be invested to advance gold exploration at the Santa Gertrudis gold project in Mexico, for additional field work on the Kinsley Mountain gold property in Nevada, and for general corporate purposes.

About Animas Resources Ltd.

Animas Resources Ltd.'s mission is to grow the Company through discovery and acquisition of high-quality mineral deposits of a significant size and to build upon the historic and current gold resources. The Company maintains a pipeline of only the highest quality projects including Santa Gertrudis in Sonora Mexico, and Kinsley Mountain in Nevada, USA.

This news release was prepared by Company management, who take full responsibility for its content.

For additional information, contact Animas Resources Ltd. at 604-687-6197, or you may register to receive future news releases at www.animasresources.com.

Gregory E. McKelvey, President & 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.

Animas Resources Ltd.
Gregory E. McKelvey
President & Director
604-687-6197
604-688-3392 (FAX)
www.animasresources.com
Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Animas Resources

EXPLORATION STAGE
CODE : ANI.V
ISIN : CA0352651073
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Animas Res. is a gold and molybdenum exploration company based in Canada.

Its main exploration properties are SANTA GERTRUDIS and BACANUCHI in Mexico.

Animas Res. is listed in Canada. Its market capitalisation is CA$ 14.0 millions as of today (US$ 12.7 millions, € 9.2 millions).

Its stock quote reached its highest recent level on March 07, 2008 at CA$ 2.14, and its lowest recent point on November 15, 2013 at CA$ 0.03.

Animas Res. has 73 630 000 shares outstanding.

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Annual reports of Animas Resources
2008 Annual Report
Annual report 2007
Financings of Animas Resources
10/9/2013Extends Warrant Expiry Date
5/7/2013Completes $625,000 Financing
4/29/2013Private Placement Terms Amended
4/4/2013Arranges $600,000 Private Placement
6/21/2011Closes $1,015,000 Financing
Nominations of Animas Resources
12/2/2013appoints Mark T. Brown as President & CEO
Project news of Animas Resources
11/25/2013(Santa Gertrudis)agrees to sell Santa Gertrudis to GoGold Resources
10/4/2012(Santa Gertrudis)s on Gold Exploration at Santa Gertrudis, Mexico
4/20/2012(Santa Gertrudis)advances metallurgical test work planning and land access at...
10/7/2011Acquires Large Gold Property in the Sonora Gold Belt, Mexico
9/21/2011sells Kinsley Mountain interest to Pilot Gold Inc.
3/22/2011(Golden Arrow)Terminates Golden Arrow Option & Provides Project Updates
7/22/2010Encounters Molybdenum System At El Tigre, Starts New Ni43-10...
3/25/2010(Santa Gertrudis)Plans Exploration at Ariel Copper/Gold Target and Updates on...
11/19/2009(Santa Gertrudis)Updates Drill Progress at Santa Gertrudis; Grants Options
10/23/2009(Santa Gertrudis)Announces the drilling program has started at Santa Gertrudi...
9/28/2009(Santa Gertrudis)Announces Targets for Santa Gertrudis drilling program and M...
8/27/2009(Santa Gertrudis)signs contract for Santa Gertrudis drilling program.
7/3/2009(Santa Gertrudis)announces filing of its NI 43-101 report For the Santa Gertr...
5/20/2009(Santa Gertrudis)announces 23 % increase in the Cristina oxidized gold deposi...
3/2/2009(Santa Gertrudis)Drills 8.5 meters of 2.814 gpt Gold Which Includes 0.8 meter...
2/23/2009(Santa Gertrudis)Drills 26.6 Meters of 1.405 gpt Gold in the Santa Teresa Dis...
9/16/2008(Bacanuchi)Identifies Five Covered Porphyry Copper Targets and Complete...
6/20/2008(Santa Gertrudis)drill targets
3/6/2008(Santa Gertrudis)Acquires the San Enrique and Greta Properties
1/29/2008(Santa Gertrudis)Stakes an Additional 5,000 Hectares
Corporate news of Animas Resources
4/23/2014GoGold and Animas Announce Successful Acquisition of Animas ...
4/16/2014Animas Shareholders' Meeting - Approval of Arrangement
2/19/2014Encourages Shareholders to Tender Shares to GoGold Offer
1/8/2014mails Directors' Circular and cancels Special Meeting
12/30/2013Responds to GoGold proposal to Acquire Animas
9/12/2013(Santa Gertrudis)s on Ejido Election and Santa Gertrudis
7/19/2013(Santa Gertrudis)' Deal with DKM at Santa Gertrudis Expires
3/25/2013Clarifies Some of Its Prior Technical Disclosure
2/25/2013(Santa Gertrudis)Joint Ventures Santa Gertrudis for Gold Production
6/28/2012(Santa Gertrudis)Regains Full Access to Santa Gertrudis
8/31/2011to Raise $3.4 Million From a New Controlling Shareholder
6/9/2011Announces $1 Million Financing
5/3/2011(Santa Gertrudis)Commisions Study to Advance Santa Gertrudis, Prepares for Ad...
1/31/2011 Mineral Exploration Projects
7/20/2010Advances Exploration At Golden Arrow Gold Property, Nevada
2/11/2010Reports Encouraging Assay Results From the Escondida & Pirin...
11/3/2009Announces a second drill will be added at Santa Gertrudis.
7/6/2009Names Bob Bishop to Advisory Board; Reports on Larger Tonnag...
7/3/2009Al Korelin Interviews Bob Bishop and Greg McKelvey, Presiden...
6/30/2009Graduated to Tier One
1/8/2009Forms Special Committee to Evaluate Business Opportunities a...
9/10/2008and market update
7/22/2008recent coverage
6/27/2008begins new drilling
6/10/2008adopts sharholders rights plan
5/9/2008project development update press release
3/25/2008Stakes an Additional 10,770 Hectares
1/17/2008Transfers Outstanding Data to Mine Development Associates
1/15/2008Forms Geophysical Special Projects Group
1/10/2008Upcoming conference
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