Liton Securities ltd
posted on
Sep 15, 2010 11:41PM
CENTURY MINING CORPORATION ("CMM")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: September 15, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement announced September 15, 2010:
Number of Shares: 12,820,513 shares
Purchase Price: $0.39 per share
Warrants: 6,410,257 share purchase warrants to
purchase 6,410,257 shares
Warrant Exercise Price: $0.60 for an eighteen-month period
Number of Placees: 1 placee
Finder's Fee: $250,000 cash payable to Liton Securities
Ltd.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement
and setting out the expiry dates of the hold period(s). The Company must
also issue a news release if the private placement does not close
promptly. Note that in certain circumstances the Exchange may later
extend the expiry date of the warrants, if they are less than the maximum
permitted term.