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Published on 7/3/2007 in the Prospect News PIPE Daily.

New Issue: Empire Mining plans C$1.5 million private placement of shares

By Laura Lutz

Des Moines, July 3 - Empire Mining Corp. announced a private placement of shares for up to C$1.5 million.

The company plans to sell up to 5 million shares at C$0.30 each.

Proceeds will be used to identify acquisition targets for a future qualifying transaction.

Empire is a capital pool company based in Vancouver, B.C.

Issuer:Empire Mining Corp.
Issue:Shares
Amount:C$1.5 million
Shares:5 million
Price:C$0.30
Warrants:No
Pricing date:July 3
Stock symbol:TSX Venture: EPC.P
Stock price:C$0.40 at close July 2

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