Vancouver, B.C., November 4, 2019 – Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB: XXMMF) (the “Company” or “Ximen”) is pleased to announce that it has made its final payment on a royalty option agreement (the “Agreement”) with Gungnir Resources Inc.
Ximen Mining has now purchased all of Gungnir’s remaining interest in its 4% gross metal royalty (the “Royalty”) over the Kenville Gold Mine Property for total consideration of $1,700,000 (the “Purchase Price”).
See news releases dated April 26 and May 24, 2019, for further details on the Kenville transaction.
Investor Relations: Sophie Cesar, 604-488-3900, ir@XimenMiningCorp.com
On behalf of the Board of Directors,
Christopher R. Anderson,
President, CEO and Director