Roxmark reports on exercise of warrants

About this update from Atlas Salt Inc

[{"type":"text","content":"\n\n\n\nTORONTO, Feb. 21 /CNW Telbec/ - Roxmark Mines Limited (TSXV - RMK) today\nannounced that 1,678,334 warrants have been exercised at a price of $0.17 per\nwarrant for gross proceeds of $285,317. The warrants exercised, representing\n61% of those available for exercise, were issued in connection with private\nplacements that closed in 2006 and were due to expire on February 13, 2008.\nThe funds received will be used to supplement general corporate working\ncapital.\n\n\nAbout Roxmark Mines\n\n\nRoxmark Mines Limited is the leader in gold and molybdenum exploration\nand development in the historically significant Geraldton-Beardmore area of\nNorthwest Ontario. In the last two years, Roxmark has generated cash flow from\nbulk-sampled gold and molybdenum processed at its fully-permitted mill and has\nthe advantage of infrastructure from six formerly highly productive gold mines\nlocated on its properties. These mines previously produced nearly two million\nounces of gold from high grade ore but were closed primarily due to\ndramatically lower gold prices at the time and to boundary issues, since\neliminated.\n\n\nFurther information is available on the Company's website at\nwww.roxmark.com and on SEDAR under the Company's profile at www.sedar.com.\n\n\nForward-Looking Statements\n\n\nThis news release includes certain "forward-looking statements". Such\nforward-looking statements involve risks and uncertainties. The results or\nevents predicted in these forward-looking statements may differ materially\nfrom actual results or events. Any forward-looking statement speaks only as of\nthe date of this news release and, except as may be required by applicable\nsecurities laws, the Company disclaims any intent or obligation to update any\nforward-looking statement, whether as a result of new information, future\nevents or results or otherwise.\n\n\nThe TSX Venture Exchange has not reviewed and does not accept\n\n\nresponsibility for the adequacy or accuracy of the content of this news\n\n\nrelease.\n\n\n","length":2098,"tagName":"div"}]

More updates from Atlas Salt Inc