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Ximen Mining raises $350K bridge funding to advance Kenville Gold Mine development while seeking non-dilutive capital.

Company Fundamentals
18 Sep 2026
Newsfile Corp
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Bullish
Ximen Mining raises $350K bridge funding to advance Kenville Gold Mine development while seeking non-dilutive capital.

Ximen Mining Corp announced a private placement to raise up to $350,000 to support ongoing operations at its Kenville Gold Mine in British Columbia. The funds will serve as bridge capital while the company negotiates non-dilutive financing to develop the mine portal and decline, aiming to minimize shareholder dilution. Site preparations are advanced, with equipment and power ready, and portal construction expected to start by late October 2026, pending financing and permits. Further updates on contractor engagement and financing will be provided as arrangements are finalized.

Ximen Mining Corp announced a private placement to raise up to $350,000 for its Kenville Gold Mine operations. For readers following the Basic Materials sector, here is Pluang's market snapshot as of Sep 19, 2026 05:11 WIB: of 34 priced US stocks, 14 rose and 19 fell. Notable movers include NUE at USD 248.52 with a 7% Sell / 93% Buy order activity, SBSW at USD 12.10 with 39% Sell / 61% Buy, and GFI at USD 43.51 with 9% Sell / 91% Buy.

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