Advanced Explorations Receives Update on $5 Million Convertible Debenture Financing through XinXing Pipes Group
TORONTO, ONTARIO--(Marketwire - Jan. 10, 2012) - Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE:AXI)(FRANKFURT:AE6) is pleased to provide a status update with respect to its previously announced $5 Million convertible debenture financing (the "Financing") involving strategic partner XinXing Ductile Iron Pipes Co. Ltd. ("XDIP"), (as press released October 31, 2011).