MACMILLAN MINERALS INC.
NEWS RELEASE 2012-05
MacMillan Minerals Inc. Receives Approval
To List On The TSX Venture Exchange
TORONTO, CANADA – May 18, 2012 – Mr. Thomas Skimming, CEO of MacMillan Minerals Inc., (CNSX:MMX) is pleased to announce that the Company has received final acceptance of its application to list its securities on the TSX Venture Exchange. Effective at the opening of the market on Wednesday May 23, 2012, the common shares of the Company will commence trading on the TSX Venture Exchange under the trading symbol “MMX”.
The Company’s Listing Application Form 2B dated March 29, 2012 may be viewed on SEDAR.
The Company’s NI43-101 Technical Report dated February 27, 2012 titled “Geological Report and Summary of Field Examination, Las Cucharas Project” may also be viewed on SEDAR. The Company is currently conducting a drill program on the La Raizura Target at the Las Cucharas Project as described in the recommended work program section of the NI43-101 technical report.
The Company completed a brokered financing of $500,000 with Mackie Research Capital Corporation acting as lead agent as news released on April 3, 2012.
There are currently 54,427,375 common shares issued of which 6,250,000 are restricted until August 2, 2012.
There are currently 8,450,000 warrants exercisable at $0.08 that at the end of business on May 13, 2012 become exercisable at $0.10 until September 30, 2013 and thereafter exercisable at $0.15 until March 31, 2014. There are also 6,250,000 warrants exercisable at $0.12 until April 2, 2013 and thereafter exercisable at $0.16 until April 2, 2014.
There are currently no stock options granted from the stock options available for grant under the Company’s 10% Rolling Stock Option Plan.
MacMillan is an exploration company with several exploration properties in Mexico with a focus on gold and silver exploration. Additional information on the Company is available at www.sedar.com
For additional information, contact: Tel: (416) 867-1101 Fax: (416) 867-1222
Email: macmillanminerals@ca.inter.net
Neither the Canadian National Stock Exchange, the TSX Venture Exchange, nor its Regulation Service Provider accepts responsibility for the adequacy or accuracy of this news release