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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (2203)	11/19/2014 2:02:50 PM
From: Goose94	Read Replies (2) \| Respond to of 202736

Camino Minerals (COR-V) Nov 18, '14 is pleased to announce that it has entered into an agreement to acquire all of the issued and outstanding shares of Minquest Peru SAC. Under the terms of the Agreement, Camino will acquire all of the shares of Minquest and as consideration Camino will issue 5,000,000 shares of Camino, subject to applicable hold periods and the approval of the TSX Venture Exchange. Minquest is a private Peruvian corporation that owns the Plata Dorada copper, gold, silver property in the Department of Cuzco, Peru. Plata Dorada is located 158 kilometers east of the city of Cuzco, about 2.5 hours' drive along paved highway, and comprises 5 claims which cover 1,800 hectares. The target mineralization is structurally hosted, copper-gold-silver quartz veins. Minquest has been conducting grassroots exploration in Peru for three years and holds a database of a number of other prospects resulting from its exploration programs. The ongoing exploration activities in Peru will continue to be managed by Ken Konkin and Jorge Arevalo, who together with Ken McNaughton and Joe Ovsenek, are the founders of Minquest. Mr. McNaughton was Vice President, Exploration of Silver Standard Resources Inc. for over 19 years, and in that role oversaw all exploration programs for Silver Standard, including those in Peru, and for Canplats Resources in Mexico. Following the completion of the transaction, Mr. McNaughton will be an advisor to Camino on its activities in Peru. "I am delighted to have Messrs. Ovsenek, McNaughton, and Konkin associated with Camino. I worked with them for several years in the management of Canplats Resources that was acquired by Goldcorp in 2010. I look forward to our future success in Peru" said R.E. Gordon Davis, Camino's Chairman and CEO. Private Placement Camino is also pleased to announce a non-brokered private placement of up to 5,000,000 common shares at a price of CDN $0.10 per share for gross proceeds to the Company of up to CDN $500,000. The common shares will be subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange and the applicable securities legislation. The private placement remains subject to the approval of the TSX Venture Exchange. The Company may pay finder's fees on a portion or all of the private placement, in accordance with the rules and policies of the TSX Venture Exchange. Proceeds from the private placement will be used to advance the Plata Dorado copper-gold property up to the drill stage. Proceeds will also be used for exploration, and acquisition of other high grade copper gold projects in Peru, and for general corporate purposes. About Camino Minerals Corporation Camino is a discovery-oriented mineral exploration company formed in connection with Goldcorp's C$300-million acquisition of Canplats Resources Corp. The Company is led by Canplats' former management and is focused on the acquisition and development of high grade copper gold projects in Peru. For more information on Camino's projects, please refer to Camino's website at www.caminominerals.com For further information, contact: Corporate Information and Investor Inquiries: R.E. Gordon Davis Chairman and C.E.O. Direct: (604) 629-8292 info@caminominerals.com(Email address obfuscated: enable JavaScript to view) http://www.caminominerals.com