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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: I_C_Deadpeople who wrote (2594)	3/20/2002 1:38:15 PM
From: bistineau_la	Respond to of 39344

Minefinders arranges $10.12-million financing Minefinders Corp Ltd MFL Shares issued 18,681,170 Mar 19 close $2.62 Wed 20 Mar 2002 News Release Mr. Mark Bailey reports MINEFINDERS ANNOUNCES PRIVATE PLACEMENT Minefinders has entered into an agreement with a syndicate, led by BMO Nesbitt Burns Inc., acting as agents, for a private placement of up to 4.4 million common shares, at a price of $2.30 per share, for gross proceeds of $10.12-million. The transaction is subject to the receipt of all necessary regulatory and stock exchange approvals. Closing is expected to occur on or about March 27, 2002. The proceeds of the private placement will be used to expand and bring the company's Dolores gold and silver deposit, located in Chihuahua, Mexico, to final feasibility, and for general corporate purposes. WARNING: The company relies upon litigation protection for "forward-looking" statements.