| ||June 07, 2011|
Mesa Announces 100% of Warrants Exercised
| ||Mesa (TSX-V: MSA) ("Mesa") is pleased to announce that all of the warrants and brokers warrants issued as part of the December 2010 financing have been exercised by the warrant-holders. Mesa has received gross proceeds of $461,860 which will be used to advance the Green Energy Project, a brine deposit containing significant lithium, potash, magnesium, boron and bromine. |
About Mesa Exploration
Mesa is developing and exploring a portfolio of mineral properties in the United States where it controls significant land holdings. Mesa is advancing the Green Energy Project, a brine deposit containing significant lithium, potash, magnesium, boron and bromine. Brine mining operations require lower upfront capital expenditure and less operating costs than conventional hard-rock mine operations. Mesa currently has 13.9 million shares issued and outstanding, and has no debt. For further information please visit our website at www.MesaExploration.com.
ON BEHALF OF THE BOARD
MESA EXPLORATION CORP.
(signed) Foster Wilson, President and CEO
This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in metals prices, changes in the availability of funding for mineral exploration, unanticipated changes in key management personnel and general economic conditions. Mining is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on the Company and the risks and challenges of its business, investors should review the Company's annual filings that are available at www.sedar.com
For further information call:
Corporate Communications 775-824-4533, e-mail: email@example.com
The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.
You can view the Next News Releases item: Wed Jun 22, 2011, Mesa Receives Metallurgical Report for Lithium, Potash Project
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