Monument Mining Recieves $12 Million through Excercise of Stock Purchase Warrants

Monument Mining (TSXV:MMY) announced the receipt of $12,056,230 through the exercising of stock purchase warrants.

Monumnet CEO and President, Robert Baldock commented:

The Company is very pleased with this investment by Goldmet and to have a new major shareholder and supporter. This is especially so in these difficult market times. The investment at a premium to market demonstrates confidence in the Company going forward and in its development plans in Malaysia. This new capital is not only without cost to the Company — but it removes the overhang from the market that has been an issue constraining the share price of Monument for a good while.

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