2003 News Releases
Maple Receives Final Acceptance From TSX Venture Exchange For Financing And Tier 2 Listing Trading Symbol To Change To "MPM"
October 27, 2003
TORONTO, Ontario (October 27, 2003) – Maple Minerals Corp. (“Maple”) (TSXV: YMP) is pleased to announce that it has received final acceptance from the TSX Venture Exchange for its financing, which was announced on October 9, 2003. The financing provides for the placement of up to 2,500,000 units at $0.25 per unit. Each unit is comprised of one common share of Maple and onehalf share purchase warrant, each whole share purchase warrant entitling the holder to acquire one common share of Maple at $0.50 within two years of the closing of the proposed financing. The financing is scheduled to close on Tuesday, October 28, 2003. Securities issued pursuant to the financing will have a four month hold period which is scheduled to expire on February 28, 2004. Brownstone Resources Inc., a principal shareholder of Maple, has subscribed for 600,000 of the offered units.
Maple is also pleased to announce that effective the opening of trading on Tuesday, October 28, 2003, Maple’s Tier classification will change from Tier 3 to Tier 2. Maple’s trading symbol will also change from “YMP” to “MPM”.
Maple is a Toronto based resource company with various properties in Ontario and Quebec.
The TSX Venture Exchange does not take responsibility for the adequacy or accuracy of this release.
L.M. (Gino) Falzone