Minefinders Corporation Ltd. reported that the company has filed and received a receipt for a final short form universal base shelf prospectus with the Securities Commissions in each of the provinces and territories of Canada, except in the province of Quebec, and a corresponding registration statement on Form F-10/A with the United States Securities and Exchange Commission.
These filings allow the company to make public offerings in Canada and the United States of common shares, warrants to purchase common shares, share purchase contracts and subscription receipts (collectively, the “Securities”) or any combination thereof up to an aggregate offering size of US$200,000,000 during the 25-month period commencing today. Securities may be offered separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of sale and set forth in an accompanying shelf prospectus supplement. The net proceeds from the sale of the Securities, if any, are expected to be used to fund ongoing operating requirements, sustaining capital expenditures and development at the Dolores Mine, exploration activities, potential future acquisitions and for general corporate purposes.
This news release does not constitute an offer to sell or the solicitation of an offer to buy any of the securities, nor will there be any sale of these Securities in any state in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state.
A copy of the Prospectus included in the U.S. Registration Statement can be obtained upon request by contacting Investor Relations at the contact information below or at www.sec.gov. A copy of the Prospectus is available electronically at www.sedar.com.