Ximen Mining inks $8 mln facility with Alumina Partners

Vancouver-based mining company Ximen Mining Corp (TSX-V: XIM) has secured a draw-down equity facility of up to $8 million from Alumina Partners, a U.S. private equity firm. Ximen will use the facility's proceeds over a 24-month period to finance further exploration and acquisition of gold assets in British Columbia. Established in 2006, Ximen owns a 100 percent interest in the Gold Drop Project, the Brett Epithermal Gold Project and the Treasure Mountain Silver Project, all located in the province.

20 June 2019•3 mins read
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