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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Ed Ajootian who wrote (155428)	9/1/2011 2:09:47 PM
From: Amark$p	Read Replies (1) \| Respond to of 206093

NiMin PP Carpinteria, CA -- September 1, 2011 -- NiMin Energy Corp. (TSX: NNN and OTCQX: NEYYF; "NiMin" or the "Company") is pleased to announce that it has completed a brokered private placement (the "Private Placement") of 2,758,620 units ("Units") of the Company at a purchase price of $1.45 per Unit for gross proceeds of $3,999,999. Each Unit consists of one common share and one half of one common share purchase warrant ("Warrant"). Each whole Warrant is exercisable for a period of 36 months from closing at an exercise price of US$1.60. Macquarie Bank Limited participated as sole subscriber for the Units. Byron Capital Markets Ltd. (the "Agent") acted as agent with respect to the Private Placement and received a cash commission equal to 5.5% of the gross proceeds raised under the Private Placement. The net proceeds of the Private Placement will be used by the Company to advance the Company's interest in the 100% owned and operated Pleito Creek Field Located in the San Joaquin Basin in Kern County, California and for general corporate purposes. ____ My scrubbed numbers for $4.5M were pretty accurate... :) Message 27568665