VANCOUVER, British Columbia, March 31, 2014 (GLOBE NEWSWIRE) -- Ximen Mining Corp. (TSX-V:XIM) (the "Company" or "Ximen") is pleased to announce that it has entered into a due diligence agreement with Huldra Silver Inc. (TSX-V:HDA) for the purposes of determining the feasibility, terms and conditions of a proposal for the acquisition of Huldra Silver. The transaction is subject to approval from the court and the creditors in the CCAA proceeding and the TSX Venture Exchange.
Ximen intends to commence legal, financial and commercial due diligence shortly.
Ximen Mining Corp. is a publicly listed company trading on the TSX Venture under the symbol "XIM", and is also listed on the Frankfurt, Munich and Berlin Stock Exchanges in Germany under the symbol "1XM" and a German Securities Number of "A1W2EG".
XIMEN MINING CORP.
On behalf of the board
Mr. Christopher R Anderson
CEO, Director, President
For more information, please call: 604-488-3900
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source:Ximen Mining Corp.