|By Marketwired .||
|February 19, 2014 03:44 PM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/19/14 -- Pacific Imperial Mines Inc. ("PPM" or the "Company") (TSX VENTURE: PPM.H) wishes to announce that it has agreed to pay a finders' fee in connection with the Inland Explorations Ltd. Keg Mountain transaction announced January 23, 2014. The finders' fee consists of 500,000 units having the same terms as the private placement announced January 31, 2014 and amended in this news release.
The Company also wishes to announce that the warrant exercise period, stated in the January 31, 2014 private placement announcement, has been extended to 5 years from 2 years.
The finders' fee and amendment to the term of the warrant are subject to acceptance by the TSX Venture Exchange.
On behalf of the Board of Directors PACIFIC IMPERIAL MINES INC.
H. Leo King, President and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), accept responsibility for the adequacy or accuracy of this release. This news release and the information contained herein does not constitute an offer of securities for sale in the United States and securities may not be offered or sold in the United States absent registration or exemption from registration.