Business
Latin American Minerals Inc. Increases Bought Deal Financing
Latin American Minerals Inc. Increases Bought Deal Financing.
About this update from Sterling Metals Corp.
[{"type":"text","content":"\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR\n\n\nDISSEMINATION IN THE UNITED STATES/\n\n\nTORONTO, May 9 /CNW/ - As announced on May 8, 2007, Latin American\nMinerals Inc. (the "Company") (LAT: TSX-V) entered into an agreement for a\nbought deal financing with a syndicate of underwriters co-led by Maison\nPlacements Canada Inc. and Canaccord Capital Corporation (the "Underwriters").\n\n\nThe Underwriters and the Company have agreed to increase the size of the\noffering to a total of $12 million on the same terms as those previously\nannounced.\n\n\n"I am extremely gratified that investors are showing such strong interest\nin our projects and team. This will give us the capital to continue to develop\nour projects and pursue potential future acquisitions," stated Dr. David Wahl,\nPresident and CEO.\n\n\nLatin American Minerals Inc. is a mineral exploration company focused on\nthe acquisition and development of exploration opportunities in South America.\n\n\nThe TSX-V has not reviewed and does not accept responsibility for the\n\n\nadequacy or the accuracy of this release.\n\n\nThe statements made in this press release that are not historical facts\ncontain forward-looking information that involves risk and uncertainties. All\nstatements, other than statements of historical facts, which address LAT's\nexpectations, should be considered forward-looking statements. Such statements\nare based on management's exercise of business judgment as well as assumptions\nmade by and information currently available to management. When used in this\ndocument, the words "may", "will", "anticipate", "believe", "estimate",\n"expect", "intend" and words of similar import, are intended to identify any\nforward-looking statements. You should not place undue reliance on these\nforward-looking statements. These statements reflect our current view of\nfuture events and are subject to certain risks and uncertainties as contained\nin the Company's filings with Canadian securities regulatory authorities.\nShould one or more of these risks or uncertainties materialize, or should\nunderlying assumptions prove incorrect, our actual results could differ\nmaterially from those anticipated in these forward-looking statements. We\nunder...