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Monument Announces Closing of First Tranche of Brokered Private Placement               
Raising Gross Proceeds of $15 Million

 

Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) ("Monument" or the "Company") is pleased to announce that it has closed the first tranche of its previously announced $80,000,000 brokered private placement (the "Offering"). Closing of subsequent tranches of the Offering will be subject to certain conditions, including the final approval of each tranche by the TSX Venture Exchange.
 
In connection with the closing of the first tranche of the Offering, the Company issued 30,000,000 Common Shares at an issue price (�Issue Price�) of $0.50 per common share (the �Common Shares�), for gross proceeds of $15,000,000.
 
The Offering, as a whole, is for up to 160,000,000 common shares of the Company (the "Common Shares") at the Issue Price, for aggregate gross proceeds of up to $80,000,000. Monument engaged Mackie Research Capital Corporation ("MRCC") as lead agent and sole book-runner, and included Salman Partners Inc. (�Salman�) (collectively, the "Agents"), to complete the Offering on a best-efforts basis. Pursuant to the engagement, the Company granted the Agents an option (the "Over-Allotment Option") to increase the size of the Offering by up to an additional 15% in the number of Common Shares.
 
In consideration for their services, the Agents will receive a cash commission of 7.0% of the gross proceeds of the Offering, payable upon the closing of each tranche. In addition, the Agents will receive non-transferable share purchase options (the "Agents Options") to purchase that number of Common Shares which is equal to 7.0% of the total number of Common Shares sold pursuant to the Offering, including any Common Shares sold pursuant to the exercise of the Over-Allotment Option, for a period of 24 months after closing at the Issue Price. The Agents Options are issuable upon the closing of each tranche.
 
In connection with the closing of the first tranche of the Offering, the Company paid MRCC and Salman a total cash commission of $1,050,000, and issued MRCC and Salman a total of 2,100,000 Agents Options.
 
The securities issued pursuant to the first tranche of the Offering are subject to a statutory four month hold period expiring on June 13, 2013.
 
The proceeds from the first tranche of the Offering shall be applied by Monument towards development of the Mengapur project and for general working capital.
 
This press release shall not constitute an offer of securities for sale in the United States. The securities referred to in this press release have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an exemption from registration.
 
 
About Monument
Monument Mining Limited (TSX-V:MMY, FSE:D7Q1) is an established Canadian gold producer that owns and operates the Selinsing Gold Mine in Malaysia, with production cash costs among the lowest in the world. Its experienced management team is committed to growth and is advancing several exploration and development projects in Malaysia, including the advanced-stage Mengapur Polymetallic Project. The Company employs 280 people in Malaysia and is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.
 
Robert F. Baldock, President and CEO
Monument Mining Limited
Suite 910- 688 West Hastings Street
Vancouver B.C. Canada V6B 1P1

Data and Statistics for these countries : Canada | Malaysia | All
Gold and Silver Prices for these countries : Canada | Malaysia | All
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Monument Mining Limited

PRODUCER
CODE : MMY.V
ISIN : CA61531Y1051
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Financings of Monument Mining Limited
3/7/2013Announces Closing of Second Tranche of Brokered Private Plac...
2/13/2013Announces Closing of First Tranche of Brokered Private Place...
10/17/2012Announces Private Placement
10/12/2011Announces Private Placement of up to $70=2C000=2C000
8/12/2010Closes $13.0 Million Financing
7/22/2008Closes $38.1 M Private Placement and Convertible Note Financ...
Option Grants of Monument Mining Limited
12/7/2010Grants 600,000 Stock Options to its Newly Appointed Director...
10/5/2010Grants Stock Options to its Directors and Officers
Nominations of Monument Mining Limited
1/8/2014Receives Notice of Nominations for Election of Directors
1/8/2014Receives Notice of Nominations for Election of Directors
10/28/2013Appoints Executive General Manager, Monument Malaysia Group
9/20/2012Appoints Chief Operating Officer
6/29/2012Appoints Gerald Ruth to Board
1/25/2012Grants Share Purchase Options to its Directors
12/21/2011Appoints Graham Dickson as Chairman of the Board
9/1/2010Appoints VP, Business Development
6/9/2010Grants 1,600,000 options to CHF investor relation firm
6/9/2010Engages CHF in Investor Relations and Updates $12 Million Fi...
6/30/2009Appoints New Director
12/17/2008Appoints New Directors and Names George Brazier Chairman of ...
8/25/2008Appoints General Manager and Mine Manager
6/20/2008Appoints AXINO AG to provide Investor Relation Services (Rev...
Financials of Monument Mining Limited
11/29/2013Reports First Quarter Fiscal 2014 Results
5/30/2013Reports Third Quarter Fiscal 2013 Results
3/4/2013Reports Second Quarter Fiscal 2013 Results
11/30/2012Reports First Quarter of Fiscal 2013 Results
6/1/2012=E2??s 2012 Third Quarter Results
3/1/20122012 Second Quarter Results
1/5/2012=E2??s 2012 First Quarter Results
5/30/2011 2011 Third Quarter Results
5/9/2011 Third Quarter Production and Sales Results
3/1/2011 2011 Second Quarter Results
1/15/20112011 First Quarter Results
Project news of Monument Mining Limited
5/15/2013Central Australian Phosphate and Monument Mining to Establi...
5/1/2013s Its Interest In Central Australian Phosphate Limited
4/30/2013(Selinsing)s Selinsing and Buffalo Reef Resources
3/19/2013Abandons Earn=2DIn on Mersing Project
12/18/2012(Mengapur)Announces 2013 Plans for Mengapur Project
11/21/2012(Selinsing)Intercepts 3.84 g=2Ft Gold over 51 metres in Selinsing Drill...
10/26/2012Attending Singapore and German Resource Conferences
10/25/2012(Selinsing)to Vigorously Defend Opportunistic Claim Filed Against Seli...
10/9/2012(Mengapur)Signs Harmonization Agreement on Mengapur Project
3/28/2012Invites you to 2012 Calgary Energy & Resource Conference Mar...
3/26/2012(Selinsing)Exposes Gold Thieves at Selinsing Gold Mine
2/21/2012(Mengapur)Closes Acquisition of 70% of the Mengapur Polymetalic Projec...
2/2/2012(Mengapur)Receives Final Acceptance from the TSX=2DV to Close the Meng...
12/3/2011(Mengapur)Enters into Definitive Agreement for Acquisition of 70% of ...
9/15/2011Grows Gold Project Pipeline
7/26/2011(Selinsing)Releases Positive Drill Results from Selinsing Property in M...
7/22/2011(Selinsing)to Expand Tailings Storage Facility at Selinsing Gold Mine i...
6/1/2011(Mengapur)Agrees to Acquire a 70% interest in the Mengapur Polymetalic...
5/29/2011(Buffalo Reef)REPORTS NI43-101 RESOURCES AT BUFFALLO REEF PROPERTY
3/3/2011(Selinsing)to Increase Gold Production
11/1/2010(Selinsing)’s Selinsing Gold Mine Opening Ceremony in Malaysia
9/20/2010(Selinsing)Achieves Commercial Gold Production
2/21/2010(Selinsing)Starts Commissioning CIL Circuit While Gravity Circuit is in...
11/4/2009(Selinsing)Pours First Gold From Gravity Circuit
9/1/2009(Selinsing)Obtains Power Connection at the Selinsing Gold Project and
7/20/2009(Selinsing)Commences Open-Pit Mining at the Selinsing Gold Project
2/11/2009(Buffalo Reef)Confirms Amended Plan for Gold Production from Phase I Gravi...
3/7/2008(Buffalo Reef)Releases Positive Drill Results?Phase II Program at Buffalo ...
2/7/2008(Buffalo Reef)'s Phase I Drill Program Confirms Previous Drill Results on ...
Corporate news of Monument Mining Limited
1/28/2014Files Lawsuit Against GoldMet and George Molyviatis to enfor...
1/28/2014Files Lawsuit Against GoldMet and George Molyviatis to enfor...
1/20/2014Warns Shareholders to Be Wary of the Dissident Group Attempt...
5/23/2013(Selinsing)Files Technical Report for Selinsing and Buffalo Reef
5/1/2013Reports Third Quarter Gold Production of 13=2C255 Ounces
4/24/2013Confirms Indicative Non=2DBinding Conditional Proposal to ac...
4/15/2013(Buffalo Reef)Starts Mining and Processing Oxide Materials at Buffalo Reef
4/2/2013Announces Results of Annual General Meeting of Shareholders
3/13/2013President and CEO to Speak at Hong Kong Conference
3/7/2013Mails Information Circular
3/4/2013Provides Update on Litigation
2/28/2013Provides Corporate Update
2/22/2013Settles Legal Disagreement
2/21/2013Welcomes Support from Major Shareholder
2/8/2013Further Comments on GoldMet Disclosure
2/8/2013Comments on GoldMet Disclosure=3A No Agreement Reached
1/17/2013Provides Update to Shareholders
1/11/2013Reports Record Second Quarter Gold Production of 15=2C902 Ou...
12/17/2012Announces Private Placement of Up to $80 Million
12/17/2012Announces Private Placement of Up to $80 Million
12/17/2012Announces Private Placement of Up to $80 Million
11/30/2012Announces the Results of its Court Case Against Balendran Ch...
11/14/2012Has Engaged Mackie Research Capital Corporation as Financial...
11/10/2012to Extend Time for Holding Annual General Meeting
10/2/2012=E2??s 2012 Annual Results=3A Gross Revenue of $61.7 M with ...
8/24/2012(Mengapur)Confirms Historic Drilling Results at Mengapur Polymetalic P...
8/16/2012(Selinsing)Completed Selinsing Gold Plant Expansion
8/7/2012(Mengapur)Provides Updates on Mengapur Project and Private Placement
7/30/2012=E2??s 2012 Fourth Quarter Production Result
7/24/2012Received $12 Million through Exercise of Stock Purchase Warr...
6/19/2012and PLSB Working Together Harmonizing Oxide Magnetite Iron O...
5/14/2012=E2??s 2012 Third Quarter Production
5/9/2012Announces Senior Management Appointments
4/25/2012to Attend The INVEST 2012 Conference in Stuttgart
1/25/2012=E2??s 2012 Second Quarter Production
1/4/2012Announces Results of Annual and Special General Meeting of S...
12/20/2011Reminds Shareholders to Vote
12/16/2011(Mengapur)Discusses Mengapur Property Iron Ore Production Information
12/15/2011Provides Details of Annual General and Special Meeting
12/13/2011Annual General and Special Meeting Important Reminder
11/18/2011(Mengapur)Expects 43-101 Report by Late November 2011 on the Mengapur ...
11/16/2011(Selinsing)=E2??s Phase III Selinsing Gold Plant Expansion Update
10/26/2011=E2??s 2012 First Quarter Production
9/29/2011=E2??s 2011 Annual Results
8/8/2011=E2??s 2011 Fourth Quarter Production and Sales Results
4/23/2010CEO Interview
1/15/2010Fundamental Research Report Update #2
12/21/2009to Raise $12.0 M in Convertible Debenture and Forward Gold S...
9/18/2009to Issue Shares for Debt to Avocet Mining PLC
7/8/2009Moves to New Office
5/13/2009Releases Selinsing Gold Project Update
2/13/2009 Grants Stock Purchase Options to its Key Staff and Consulta...
12/24/2008Amends Selinsing Gold Project Construction Plan
10/31/2008Announces Gold Production Decision at Selinsing
10/31/2008featured on Mining Industry TV this Weekend
9/24/2008Fundametal Initial Research Report
8/20/2008Announces TSXV’s Acceptance of its Ball Mill Acquisition fro...
8/15/2008Grants Stock Purchase Options to its Directors Officers unde...
8/8/2008Commences Action for Injunction and Damages
7/28/2008Closes Avocet Mill Transaction For Future Plant Upgrade
7/8/2008Acquires Package of Additional Adjacent Land - Update
6/20/2008Notice of Change of Business Address
5/26/2008Acquires Second Mill for Future Production Plant Upgrade
5/13/2008Monument Announces $38.0 M Capital Raising to Commence Plant...
1/21/2008Acquires Package of Additional Adjacent Land
10/25/2007 Q1 Project Development Update
9/13/2007Commences Exploration Program
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TSX-V (MMY.V)FRANKFURT (D7Q1.F)
0.180+5.88%0.127+4.10%
TSX-V
CA$ 0.180
10/21 15:57 0.010
5.88%
Prev close Open
0.170 0.180
Low High
0.175 0.180
Year l/h YTD var.
0.170 -  0.370 -28.00%
52 week l/h 52 week var.
0.170 -  0.370 -41.94%
Volume 1 month var.
25,392 -10.00%
24hGold TrendPower© : -44
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2014-21.74%0.370.22
2013-45.24%0.450.21
20127.69%0.540.35
2011-40.91%0.740.38
201078.38%0.700.24
 
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