AQM_HR090601 Private Placement MM$ 5.0

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  • 7/30/2019 AQM_HR090601 Private Placement MM$ 5.0

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    APOQUINDO MINERALS INC. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

    Vancouver, B.C., June 1, 2009 - Apoquindo Minerals Inc. (TSX.V:AQM) (BVL: AQM) ("Apoquindo" orthe Company) is pleased to announce a non-brokered private placement of up to 7,700,000 units at aprice of $0.65 per unit for gross proceeds of $5,005,000. Each unit will consist of one common share andone-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase oneadditional common share for two years at a price of $0.90 during the first year at a price of $1.10 duringthe second year.

    The private placement is subject to regulatory approval.

    The proceeds of the private placement will be used to fund exploration programs on Apoquindos mineralproperties and for general working capital purposes.

    ABOUT APOQUINDO: The Company is a Canadian based mineral exploration company whoseprincipal purpose is the acquisition and development of base and precious metal deposits inSouth America. The Company has two projects in Peru through its wholly owned Peruvian subsidiary,

    Minera Koritambo SAC: the Zafranal Copper-Gold Porphyry Project (recently optioned from TeckResources Limited), located in the Paleocene Southern Peru Cu-Porphyry Belt, in the department ofArequipa, Peru and the Pachagon Porphyry Copper Project, located in the department of La Libertad,Peru. In Chile, the Company has a joint venture, Antakena Mining, with Minera S.A. to advance theApoquindo Copper Oxide Project comprised of highly prospective leachable copper deposits underoption located in a historic mining district in the Antofagasta Region's Coastal Range. Please

    refer towww.apoquindominerals.comfor further information regarding the Company and its projects.

    Management and directors have extensive experience working for the world's largest mining

    companies as well as several junior exploration companies. Apoquindo Minerals has offices inSantiago, Chile, Lima, Peru and Vancouver, Canada and will continue to expand its businessusing its effective team of experts in Exploration, Geology, Metallurgy, Mine Engineering, Lawand Finance. Apoquindo is well positioned for success. Our Projects are uniquely valuable, andour knowledgeable management and directors provide a "pipeline" of growth opportunities.

    NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THATTERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITYFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

    For further information, contact:

    Winnie Wong, Chief FinancialOfficer of the Company at:Telephone: (604) 687-3520;Facsimile: (604) 688-3392 [email protected]

    or Arlen Hansen, Kin Communications IncSuite 1810925 West Georgia StreetVancouver, BC, V7L 1C2Local: 604-684-6730Fax: 604-684-6740Toll Free: 1-866-684-6730Email: [email protected]

    http://www.apoquindominerals.com/http://www.apoquindominerals.com/http://www.apoquindominerals.com/http://www.apoquindominerals.com/