| CHAMPION MINERALS ANNOUNCES FINANCING |
January 21, 2009, Toronto (Canada) – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM) announces that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 428,571 common shares (“Shares”) of Champion at a price of $0.35 per Share for total proceeds of up to $150,000. The Private Placement is subject to exchange and regulatory approval. Directors of the Corporation intend to purchase Shares pursuant to the Private Placement. All securities issued pursuant to the Private Placement will be subject to the applicable statutory, exchange and regulatory hold period.
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Champion Minerals Inc. 21 Jan 2009 - 19:16 |
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| CHAMPION MINERALS COMMENCES DRILLING AT GULLBRIDGE AND POWDERHORN PROPERTIES |
January 7, 2009, Toronto (Canada) – CHAMPION MINERALS INC. ("Champion” or the “Company”) (TSX-V: CHM) is pleased to announce that a diamond drill rig has been mobilized to the Company’s Gullbridge and Powderhorn Base Metals Properties (the “Properties”) in the Buchans Mining Camp of central Newfoundland. Drilling will consist of a three hole 1,600m program. The planned drill holes are targeting three of the five higher priority targets identified from a 2008 ground gravity survey. The gravity anomalies coincide with airborne magnetic anomalies identified from a 2006 Newfoundland government survey. The work is being partially funded by a 2008 Government of Newfoundland Ministry of Natural Resources grant under the Junior Exploration Assistance Program.
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Champion Minerals Inc. 7 Jan 2009 - 12:32 |
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