Pro Minerals Inc.
Private Placement
Vancouver, BC - Thursday, January 14th, 2010, 4:00 pm PST
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce that the Company has now completed an $847,262.43 Cdn non-brokered, non flow-through, Private Placement through the issuance of 9,414,027 units at a price of $0.09 per unit. Each unit consists of one common share and one 36 month share purchase warrant. Each warrant is exercisable at $0.10 per share if exercised within the first 24 months and at $0.12 if exercised in the remaining 12 months. Finders’ fees may be paid on this transaction, subject to the policies of the TSX Venture Exchange. The proceeds raised will be applied to the Company’s exploration programs as well as general working capital. All shares issued will be subject to a 4 month hold period per the policies of the TSX Venture Exchange. This private placement is subject to the approval of the TSX Venture Exchange.
Trevor Welton R.P.Bio., Added to Pro Minerals’ Advisory Board
Vancouver, BC – Monday, January 25th 2009, 7:30 am PSTPro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce the appointment of Trevor Welton R.P.Bio. to the company’s Advisory Board. Mr. Welton is a Registered Professional Biologist with 10 years of experience in the Environmental Resource Management industry, and brings to the Advisory Board a wealth of knowledge with regards to managing, coordinating and reviewing environmental management, mitigation and protection aspects of various projects. His understanding of both provincial and federal environmental legislation will undoubtedly provide Pro Minerals with an unparalleled ability to develop its projects with only the most forward thinking and environmentally sound approach in mind.
Pro Minerals AGM Summary and Financing Update
Vancouver, BC -, Tuesday December 1st, 2009, 12:00 pm PST
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce that at the Annual General Meeting of the Company held on November 2, 2009 the shareholders of the Company elected management’s nominees to the board of directors for the following year.
Jonathan Roth Appointed to Advisory Board
Vancouver, BC – Thursday, November 12th 2009, 10:00 am PDT
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce the appointment of Jonathan Roth to the company’s advisory board. With over 10 years of experience in Television Production and award-winning Broadcast Journalism, Mr. Roth brings to the advisory board a wealth of knowledge and contacts that will allow Pro Minerals to develop streamlined and effective public relations, and media programs designed to broaden market awareness through very specific channels.
Lac Laura Gold Project Acquisition
Vancouver, BC - Tuesday, October 20th, 2009, 6:30 am PDT
Pro Minerals Inc. (TSX.V: PRM); and its Board of Directors are pleased to announce that the company has entered into an option agreement to acquire a 100% interest in the “Lac Laura Gold Project”, from Apella Resources Inc. The property consists of 36 mineral claims located in Levy Township, near Chapais Quebec. The property is located directly alongside the highway between Chapais and Chibougamau and is road accessible year round. Pursuant to the terms of the Agreement, Pro Minerals can acquire a 100-percent interest in the Lac Laura Gold Project by paying the optionor a total of 2,000,000 common shares of the company (1,000,000 upon acceptance by the TSX Venture Exchange and 1,000,000 by October 5th, 2010) and work commitments as follows:
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