Callinex C$6.6 million offering

About this update from Visionary Copper And Gold Mines Inc.

[{"type":"text","content":"\n\n\n\n\n\nTRADING SYMBOL: \"CNX: TSX.V\"\n\n\nVANCOUVER, Aug. 11, 2011 /CNW/ - Further to Callinex Mines Inc.'s (\"Callinex\" or the \"Company\") news release of August 4, 2011, the Company announces that 6,000,000\n flow-through common shares (each a \"Flow-Through Share\") will be sold at a price of $1.10 per Flow-Through Share.\n\n\nSecutor Capital Management Corporation and Industrial Alliance\n Securities Inc. have been engaged in connection with a private\n placement offering (the \"Offering\") of flow-through shares to raise up to $6.6 million on a commercially\n reasonable basis.\n\n\nFor further details of the Offering please see the Company's news\n release of August 4, 2011.\n\n\nOn behalf of Callinex Mines Inc.\n\nMike Muzylowski   \nPresident CEO\n\n\nCautionary Statement on Forward-Looking Information\n\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider\n (as that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release. \n\n\nCertain of the information presented in this News Release may constitute\n \"forward-looking statements\" or \"forward-looking information\" within\n the meaning of Canadian securities legislation (together referred to as\n \"forward-looking statements\"). The forward-looking statements are\n subject to risks, uncertainties and other factors that may cause actual\n results to be materially different from those expressed or implied by\n such forward-looking statements, including any delays in the receipt of\n consents or approvals. Although Callinex has attempted to identify\n important factors that could cause actual actions, events or results to\n differ materially from those described in forward-looking statements,\n there may be other factors that cause actions, events or results not to\n be as anticipated, estimated or intended. There can be no assurance\n that such statements will prove to be accurate as actual results and\n future events could differ materially from those anticipated in such\n statements. Accordingly, readers should not place undue reliance on\n forward-looking statements contained in this News Release and in any\n document referred to in this News Release. Forward-looking statements\n are made based on management's beliefs, estimates and opinions on the\n da...

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