Business News • MarketWire • Vertex Acquires Securities of Excelsior Mining Corp. ("MIN.P-V") |
Vertex Acquires Securities of Excelsior Mining Corp. ("MIN.P-V") |
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Vertex Acquires Securities of Excelsior Mining Corp. ("MIN.P-V")
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 6, 2010) - The Vertex Fund announces that it has acquired 988,276 units of Excelsior Mining Corp. ("Excelsior") representing approximately 5.73% of the issued and outstanding shares of Excelsior (and approximately 10.82% of the issued and outstanding shares of Excelsior assuming the exercise of the 988,276 warrants and the exercise by the Vertex Offshore Fund of its warrants), and the Vertex Offshore Fund announces that it has acquired 11,724 units of Excelsior representing approximately 0.07% of the issued and outstanding shares of Excelsior (and approximately 0.13% of the issued and outstanding shares of Excelsior assuming the exercise of the 11,724 warrants and the exercise by the Vertex Fund of its warrants). The units were acquired at a price of $0.15 per unit, and each unit is comprised of one common share of Excelsior and one common share purchase warrant, with each
View More : http://www.marketwire.com/mw/release.do?id=1256194&sourceType=3
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