New Issue: Messina prices C$5 million private placement

New York, Sept. 6 - Messina Minerals Inc. said it has priced a C$4.9995 million private placement of flowthrough shares.

The Vancouver, B.C., mining company will sell 3.03 million shares at C$1.65 each.

Of the total, 2.73 million will be sold in a C$4.5045 million brokered offering via agents Pacific International Securities Inc. and Dundee Securities Corp. while the remaining C$495,000 will be sold in a non-brokered offering.

Messina will use proceeds for drilling its new Boomerang zinc-copper-lead-gold-silver discovery and for other exploration expenses on its Newfoundland projects.

Issuer:	Messina Minerals Inc.
Issue:	Flowthrough shares
Amount:	C$4,999,500
Shares:	3,030,000
Price:	C$1.65
Warrants:	No
Agents:	Pacific International Securities Inc. and Dundee Securities Corp. (for 2,730,000 shares)
Pricing date:	Sept. 6
Stock price:	C$1.46 at close Sept. 6

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