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JIM

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Share Name Share Symbol Market Type
TSXV:JIM 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 -

Jiminex Inc. Corporate Update

23/08/2012 11:01pm

Marketwired Canada


Jiminex Inc. (the "Company") (TSX VENTURE:JIM) wishes to announce that on August
16, 2012, the TSX Venture Exchange accepted final documentation in respect of a
private placement with Canada Bai Heng Group and the appointment of Messrs.
Johnson S. Zhang and Guoshan Ma as directors. Details of the transaction are
contained in the Company's news release dated July 19, 2012.


The Company also wishes to announce that meeting materials for an annual and
special meeting of shareholders to be held on Tuesday, September 18, 2012 in
Thunder Bay, Ontario have been disseminated. Copies of the materials are
available on SEDAR.


About Jiminex

Jiminex Inc. was listed as a resource company on the TSX Venture Exchange in
2009 and is focused on gold exploration in Canada. The Company acquired three
high potential properties located in three well-known mining camps. The
100%-owned Misehkow River property is sited in the Pickle Lake gold mining
region of Ontario near to the Pickle Crow Project of PC Gold Inc. and in the
same general region as the Musselwhite Mine currently being mined by Goldcorp
Inc. Misehkow River presents an opportunity to possibly locate more than one
gold deposit within a large target area. The Northern Eagle property is located
in the Hemlo gold mining camp, Ontario close to the 22 million ounce Hemlo
deposit being mined by Barrick Gold Corp. The property is considered one of the
best target areas in which to locate another Hemlo-style gold deposit and
Jiminex has earned a 50% interest from Beaufield Resources Inc. The 100% owned
Parres and Parres Two properties are located in the Snow Lake copper-zinc and
gold mining camp of Manitoba where the major Lalor Lake copper-zinc and gold
deposit discovery of HudBay Minerals Inc. is actively being explored and
developed.


Allan J. Willy, P. Eng., VP Exploration & Director of Jiminex, is the qualified
person responsible for the geotechnical content of the Company's public
information.


If you would like to be added to Jiminex's news distribution list, please send
your name (optional) and email address to info@jiminex.com.


FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements that are subject to
known and unknown risks and uncertainties that could cause actual results to
vary materially from targeted results. Such risks and uncertainties include
those described in the Company's periodic reports including the annual report or
in the filings made by the Company from time to time with securities
regulations. The Company undertakes no obligation to publicly release the result
of any revision of these forward-looking statements to reflect events or
circumstances after the date they are made or to reflect the occurrence of
unanticipated event.


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