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Re: News Release - Monday, August 10, 2009
Private Placement of $375,000
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Mexivada Mining Corp. has agreed to a private placement of 5,000,000
units at a price of $0.075 per unit for gross proceeds of $375,000.
Each unit will be comprised of one common share and one share purchase
warrant, with each warrant entitling the holder to purchase an
additional share at an exercise price of $0.10 per share for a period
of eighteen months from the date of issue. This placement will close
on August 28, 2009, subject to acceptance for filing by the TSX Venture
Exchange.
About Mexivada Mining Corp.
Mexivada is a diversified Canadian mineral exploration company focused
on identifying, acquiring, advancing, mining, and joint venturing
high-grade Gold-Silver, Tellurium,
Diamond, and Rare Metal exploration
projects in Mexico, Nevada, and Africa. Mexivada is managed by
experienced and successful board members and advisors. For further
information, please visit our web site at www.mexivada.com or contact
us by e-mail at info@mexivada.com.
ON BEHALF OF THE BOARD OF DIRECTORS
"RICHARD R. REDFERN"
Richard R. Redfern
President
Contact: Michael J. Stetzel, Investor Relations Manager
Telephone: (866) 922-6774 or (778) 737-7771
info@mexivada.com www.mexivada.com
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
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Copyright (c) 2009 MEXIVADA MINING CORP. (MNV) All rights reserved.
For more information visit our website at http://www.mexivada.com/ or
send mailto:info@mexivada.com
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