Seaborne Minerals Inc. files amended & restated prospectus

VANCOUVER, Oct. 10, 2012 /PRNewswire/ - Seaborne Minerals Inc. ("Seaborne" or the "Company") announces that it has filed, and obtained a receipt for, an amended and restated prospectus (the "Amended Prospectus") dated October 2, 2012.  The Amended Prospectus was filed with the securities commissions in British Columbia, Alberta and Ontario.

The Amended Prospectus amends a final prospectus dated June 27, 2012 whereby, among other things, the Company's initial public offering was reduced from 5,000,000 common shares at a price of $0.15 per share to 4,333,333 common shares (the "IPO") at a price of $0.15 for gross proceeds of $650,000.  The agent for the Company's IPO is Macquarie Private Wealth Inc.

Seaborne Minerals Inc. is a junior mining resource exploration company focused on acquiring mineral properties and exploring for economically viable mineral resources.  The Company's principal mineral property is the Copper Queen Property located in the Cariboo Mining Division of British Columbia.  For more information, please refer to the Company's Amended Prospectus dated October 2, 2012 available on SEDAR (www.sedar.com), or contact Toma Sojonky, President & CEO, at (604) 569-0799.

On Behalf of the Board of Directors of Seaborne Minerals Inc.

"Toma Sojonky"

Toma Sojonky, President & CEO

Neither the 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. Cautionary Statement Regarding Forward-Looking Information: All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.

SOURCE Seaborne Minerals Inc.




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.