Menika Mining Ltd. Announces Non-Brokered Private Placement
#313-515 West Pender Street, Vancouver, BC, V6B 6H5 Phone: 604-681-0004 | Fax: 604-681-0014
MENIKA MINING LTD. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
December 11, 2013 - Menika Mining Ltd., (the “Company”) is pleased to announce that it intends to proceed immediately with a non-brokered private placement. The Company intends to raise up to $500,000 by selling an aggregate of up to 10,000,000 units at a price of $0.05 per unit. Each unit will consist of 1 (one) non-flow through common share and 1 (one) transferable warrant. Each warrant will be exercisable for up to 5 (five) years at a price of $0.07 per share.
All securities issued in connection with the offering are subject to a statutory hold period of four months plus a day from the respective date of issuance, in accordance with applicable securities legislation.
For more information, contact the Company at 604-681-0004 or by email at [email protected]
On Behalf of the Board of Directors of Menika Mining Ltd.
Samantha Stewart Samantha Stewart, 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.