Minaean International Corp. Extends the Terms of Warrants
Vancouver, BC, Canada – May 3, 2012– Minaean International Corp. (TSX Venture Exchange: MIB; Berlin and Frankfurt Stock Exchanges: NJA) (“Minaean” or the “Company”) wishes to announce that it has received TSX Venture Exchange acceptance to extend the 3,887,500 share purchase warrants (the “Warrants”) at the price of $0.15 issued by the Company on May 5, 2011. These Warrants were issued in connection to its 2nd tranche of the private placement of 7,775,000 shares announced on November 10, 2010 at a price of $0.10.
The Warrants set to expire on May 5, 2012 under the original terms have been extended to May 5, 2013. All other terms remain the same.
Minaean is well known for its pioneering efforts in the manufacture of light gauge steel components for the construction industry and modular metal buildings. The strong, affordable, ecologically sustainable structures present a promising solution to the mass housing shortages in developing countries and disaster-stricken areas, in addition to a range of conventional applications.
The shares of Minaean International Corporation (parent company) are publicly traded on the TSX Venture Exchange under the symbol “MIB” and on the Berlin and Frankfurt Stock Exchanges under the symbol “NJA”. For more information, please visit www.minaean.com.
On behalf of the Board of Directors
MINAEAN INTERNATIONAL CORP.
President & Director
For Further Information Please Contact:
|Minaean International Corp.
Toll free: 1-855-684-2181
|Mr. Mark Komonoski
Toll free: 1-877-255-8483