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| Home : Excelsior Announces Regulatory Approval of Greenstone Transaction and Release of Escrowed Funds and Shares |
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Oct 09
2014 |
Excelsior Announces Regulatory Approval of Greenstone Transaction and Release of Escrowed Funds and Shares |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 9, 2014) - Excelsior Mining Corp. (TSX VENTURE:MIN)(FRANKFURT:3XS)(OTCQX:EXMGF) ("Excelsior" or the "Company") is pleased to announce that the TSX Venture Exchange has completed its review process for the first tranche of the US$10 equity financing and strategic partnership announced with an affiliate of Greenstone Resources L.P. ("Greenstone"). As a result, the escrowed funds totalling $6,393,341 have been released to the Company and the certificate for the 20,580,000 common shares has been released to Greenstone. For further information please see the Company's previous news release dated August 13, 2014 - "Excelsior Announces Strategic Partnership and US$10 M Financing with Greenstone Resources." |
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| Source:http://www.marketwired.com/mw/release.do?id=1956060&sourceType=3 |
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