Post by Franko10 ™ on Apr 19, 2006 14:56:38 GMT -5
Wednesday, April 19, 2006
Morgain Minerals Reports Warrants Exercised
Vancouver, BC, April 19, 2006 - Morgain Minerals Inc. ("Morgain") (TSX-V: MGM) announces that 2,450,000 of the 2,500,000 outstanding share purchase warrants exercisable at $0.35 per share due to expire April 8, 2006 were fully exercised for common shares. Since March 3, 2006, Morgain has received $857,500 from the exercise of these warrants. Morgain has no further warrants outstanding.
About Morgain Minerals Inc.
Morgain Minerals is a resource exploration company with a number of precious and base metal properties in Mexico. Its corporate strategy is to explore and develop properties with known resources that can be further explored to a production status. Visit our website at www.morgainminerals.com for the latest corporate information.
For further information, please contact: Chester F. Millar - Chairman and President Telephone: 604-643-1727
The TSX has neither approved nor disapproved of the information contained herein.
Copyright (c) 2006 MORGAIN MINERALS INC. (MGM) All rights reserved. For more information visit our website at www.morgainminerals.com/ or send mailto:firstname.lastname@example.org Message sent on Wed Apr 19, 2006 at 10:21:05 AM Pacific Time
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