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Atacama Minerals Corp

Publié le 19 août 2008

PRIVATE PLACEMENT CLOSED

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Atacama private placement CLOSED

 

August 19, 2008? Atacama Minerals Corp. (?Atacama? or the ?Company?) (TSX Venture: AAM) reports that it has closed the private placement announced on July 22, 2008. The Company sold on a brokered and non-brokered private placement basis, an aggregate of 50,025,000 common shares of the Company at a price of $1.00 per common share for gross proceeds of $50,025,000. The brokered portion of the private placement was sold by a syndicate of agents co-led by GMP Securities L.P. and Cormark Securities Inc. and included Haywood Securities Inc. 10,000,000 of the common shares sold in connection with the private placement were placed by Trimark Capital Inc.

 

A 5% fee will be paid on a portion of the private placement. Net proceeds of the private placement will be used towards development of the Company?s nitrate fertilizer operations and for general working capital purposes.

 

The private placement has received conditional regulatory approval. Shares issued pursuant to the private placement will be subject to a four month hold period expiring December 20, 2008.

 

On behalf of the Board,

 

Edward F. Posey

President and CEO

 

For further information, please contact:

Sophia Shane, Corporate Development (604) 689-7842

 

This news release contains forward-looking statements concerning the Company?s plans for its operations. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to political risks involving the Company?s exploration and development of its properties, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties.  Such information contained herein represents management?s best judgment as of the date hereof based on information currently available. The Company does not intend to update this information and disclaims any legal liability to the contrary.

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

Atacama Minerals Corp

CODE : AAM.V
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Atacama est une société de production minière basée au Canada.

Atacama détient divers projets d'exploration au Bresil.

Son principal projet en production est AGUAS BLANCAS au Chili et son principal projet en exploration est SALVADOR POTASH PROJECT au Bresil.

Atacama est cotée au Canada. Sa capitalisation boursière aujourd'hui est 80,4 millions CA$ (59,9 millions US$, 56,4 millions €).

La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,59 CA$, et son plus bas niveau récent le 17 novembre 2016 à 0,15 CA$.

Atacama possède 518 979 968 actions en circulation.

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Financements de Atacama Minerals Corp
19/08/2008PRIVATE PLACEMENT CLOSED
22/07/2008Annouces $80 Private Placement
Rapports Financiers de Atacama Minerals Corp
05/12/2007 THIRD QUARTER HIGHLIGHTS
30/08/2007 Reports Improved Second Quarter Results - News Release
Projets de Atacama Minerals Corp
22/09/2008(Aguas Blancas)Operations Update
02/06/2008(Aguas Blancas)MAJOR EXPANSION INTO NITRATE PRODUCTION
07/05/2008(Aguas Blancas) ANNOUNCES START-UP OF NEW AGITATED LEACH PLANT
31/01/2008(Aguas Blancas)Reports Significant Increase in Resources and Reserves at Ag...
Communiqués de Presse de Atacama Minerals Corp
09/05/20112010 Highlights
16/02/2011Announces Resource Update
14/07/2008 ACQUIRES MAJOR NEW POTASH PROJECT IN BRAZIL
09/05/2008CORPORATE UPDATE
30/04/2008 YEAR END RESULTS AND RESTATEMENT OF PRIOR YEAR
20/12/2007 CORPORATE UPDATE
11/10/2007 RECEIVES APPROVAL FOR NEW POWERLINE TO AGUAS BLANCAS MINE ...
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