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  • Thu, Mar 8, 2012 | Astral Amends Barriere Ridge Option Agreement

    Astral Amends Barriere Ridge Option Agreement Vancouver, British Columbia – March 8, 2011 - Astral Mining Corporation (AA.TSXV) (“Astral” or the “Company”) has entered into an amending agreement with David James Piggin dated March 6, 2012 (“the Amending Agreement”) tha...

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  • Wed, Feb 1, 2012 | Astral Announces Final Results from Drilling at the Los Crestones Gold Discovery in the Sierra Madre Gold-Silver Belt, Mexico

    Vancouver, BC - Astral Mining Corporation (TSX-V AA, AA.WT) ("Astral" or "the Company") is pleased to report the third and final batch of results from drilling at the Los Crestones property, Sinaloa state, Mexico. Highlights from Phase One drilling include previously announced...

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  • Thu, Jan 26, 2012 | Astral Announces Private Placement Of Convertible Notes

    Vancouver, British Columbia – January 26, 2012 - Astral Mining Corporation (AA.TSXV) (“Astral” or the “Company”) announces that it has arranged a $151,000 private placement of convertible notes. The private placement will have insider participation, being Manfred Kursc...

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  • Mon, Jan 23, 2012 | Astral Announces The Resignation Of Mr. David Terry

    Vancouver, British Columbia – January 23, 2012 - Astral Mining Corporation (AA.TSXV) (“Astral” or the “Company”) announces that Mr. David Terry has resigned as a director of the Company effective immediately. The Board thanks Mr. Terry for his contributions to the Comp...

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  • Fri, Dec 2, 2011 | Astral Amends Honeymoon Option Agreement


    Vancouver, British Columbia – December 2, 2011 - Astral Mining Corporation (AA.TSXV) (“Astral” or the “Company”) has entered into an amending agreement with David James Piggin dated November 12, 2011 (“the Amending Agreement”) that amends the option agreement date...

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Thu May 6, 2010 | Astral Announces Filing of Final Short Form Prospectus


This release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or for dissemination in the United States



Vancouver, British Columbia - May 6, 2010 - Astral Mining Corporation (AA.TSXV) ("Astral" or the "Company") announces that it has filed a final short form prospectus dated May 4, 2010 (the "Final Prospectus") with the securities commissions in British Columbia and Alberta, in connection with a public offering of units (the "Units") and flow-through units (the "FT Units") of Astral (the "Offering") to raise gross proceeds of $1,000,000. Macquarie Private Wealth Inc. is acting as agent (the "Agent") to use its commercially reasonable efforts to sell the Offering.

Each Unit is priced at $0.20 and consists of one common share and one non-transferable common share purchase warrant (a "Warrant"). Each FT Unit is priced at $0.20 and consists of one common share to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) and one Warrant. Each Warrant will entitle the holder to purchase one additional common share of the Company exercisable for two years following the closing date of the Offering, at a price of $0.25 if exercised during the first year and at a price of $0.35 if exercised during the second year after the closing date. The Offering is expected to close by May 25, 2010.

For the Agent's services in connection with the Offering, the Agent will receive:

  1. a cash fee equal of $100,000, being 10% of the gross proceeds to be raised in the Offering;
  2. a corporate finance fee of $25,000 + GST; and
  3. reimbursement for all expenses reasonably incurred by the Agent, including legal fees, which will not exceed $20,000.

The Company will also issue up to 500,000 non-transferable share purchase warrants (the "Agent's Warrants") to the Agent. Each Agent's Warrant will entitle the Agent to purchase one common share of the Company exercisable for two years following the closing date of the Offering at a price of $0.25 if exercised during the first year and at a price of $0.35 if exercised during the second year after the closing date. 

The Company intends to use the net proceeds from the Offering to eliminate its working capital deficit, to fund further exploration of the Company's Jumping Josephine Property in Southern British Columbia, and for general working capital purposes, as described in the Final Prospectus.

This press release does not constitute an offer to sell, nor is it a solicitation of an offer to buy, securities. This press release should be read together with, and is qualified in its entirety by the more detailed information contained in the Final Prospectus, which is available for review on SEDAR at www.sedar.com.

Astral Mining Corporation is a Canadian company engaged in the exploration and development of precious metal properties in North America. By focusing on exploration in mining-friendly districts, the Company minimizes the political and social risks encountered in many other parts of the world. Further details on Astral Mining Corporation and its portfolio of exploration projects can be found at www.astralmining.com.


For further information on Astral, please contact Manfred Kurschner, President & CEO, at604-641-1315, or by email  This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or visit the Company's web site atwww.astralmining.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Cautionary Note to US Investors: This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

This press release, required by applicable Canadian laws, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom.

2010 Number 08