EXPECTED CLOSING OF US$80 MILLION OFFERING
November 16, 2012Back
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16 November 2012
Aureus Mining Inc.
TSX : AUE
AIM : AUE
EXPECTED CLOSING OF US$80 MILLION OFFERING
Further to the announcements made on 2 November 2012 and 5 November 2012, Aureus Mining Inc. (“Aureus” or the “Company”) confirms that application has been made to AIM for the following admissions (the “Admissions”):
(a) 99,700,000 Common Shares; and
(b) A Block Admission in respect of 24,925,000 Common Shares to be issued pursuant to Warrants.
The Company anticipates that the Admissions will occur at 2.30pm London time today following formal closing of the Offering.
Defined terms used in this announcement, unless defined herein, have the same meanings as in the Company’s announcement released via RNS on 5 November 2012.
This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States or any other jurisdiction in which such an offer or solicitation is unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state laws. No public offering of securities will be made in the United States.
|Aureus Mining Inc.David Reading / Jeremy CaveTel: +44(0) 20 7 010 7690||BuchananBobby Morse / Louise Mason / Gordon PooleTel: +44(0) 20 7466 5000|
|RBC Capital Markets (Nominated Adviser and Joint Broker)Martin Eales / Richard HughesTel: +44(0) 20 7653 4000||GMP Securities Europe LLP (Joint Broker)Richard Greenfield / Alexandra CarseTel: +44(0) 20 7647 2800|
This press release contains certain forward-looking information. All information, other than information regarding historical fact, that addresses activities, events or developments that Aureus believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this press release includes, but may not be limited to, statements relating to Admission, including the expected timing thereof, and the Offering, including the expected timing thereof. Words such as “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “estimate” and similar terminology are used to identify forward-looking information. Such information is based on assumptions, estimates, opinions and analysis made by the management of the Company in light of their experience, current conditions and their expectations of future developments as well as other factors which they believe to be reasonable and relevant. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied in the forward-looking information. Risks and uncertainties that may cause actual results to vary include but are not limited to the Company’s failure to complete the Offering and/or Admission, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this press release, and no assurance can be given that such events will occur in the disclosed time frames or at all.
Forward-looking information speaks only as of the date on which it is made and, except as may be required by applicable law, Aureus disclaims any obligation to update or modify such forward-looking information, either as a result of new information, future events or for any other reason. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.
The Company’s prospectus offering is only made by prospectus. The prospectus contains important detailed information about the securities being offered thereby. Copies of the prospectus may be obtained from RBC Capital Markets and GMP Securities Europe LLP, as detailed above. Investors should read the prospectus before making an investment decision.