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AAC

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Share Name Share Symbol Market Type
TSXV:AAC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Actus Minerals-Financings

13/04/2011 11:11pm

Marketwired Canada


Actus Minerals Corp.  (the "Company") (TSX VENTURE:AAC) is pleased to announce
that it has completed its previously announced, (February 25, 2011) private
placement of 3,500,000 Units. Each Unit consists of one common share and one,
two year share purchase warrant to purchase an additional common share at $0.12
expiring March 11, 2013. Gross proceeds of $210,000 will be used for general
working capital. The Company paid an aggregate of $11,760, representing a 7%
finders' fee on certain portions of the placement. The shares issued under the
placement are subject to a hold period trading restriction expiring July 12,
2011. 


The Company wishes to also announce that it has negotiated a new placement of up
to 5,000,000 Units at a price of $0.10 per Unit. Each Unit consisting of one
common share and one, two year share purchase warrant entitling the holder to
purchase an additional common share at a price of $0.12 per share. Gross
proceeds of up to $500,000 will be used to fund its summer exploration
activities and general working capital. 


The Company has also negotiated a new placement of up to 3,000,000 Flow Through
Units ("FT Units") at a price of $0.12 per FT Unit. Each FT Unit consisting of
one common flow through share and one, two year share purchase entitling the
holder to purchase an additional common share at a price of $0.20 per share. The
full FT Unit price will qualify as Canadian Exploration Expenses. Gross proceeds
of up to $360,000 will be used to fund the Company's 2011Quebec exploration
activities. This Flow Through private placement replaces the previously
announced Flow Through private placement (February 25, 2011). 


The Company will pay to eligible finders', a finders' fee of 10% of the gross
proceeds in cash and 10% of the number of Units and FT Units sold, in warrants
exercisable for a period of one year at $0.12 on both of the proposed
financings.


All securities issued pursuant to the private placements will be subject to a
four month hold period trading restriction.


ACTUS MINERALS CORP.

Carl von Einsiedel, Director

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