China Minerals Mining Corporation (TSXV:CMV) announced a non-brokered private placement of up to 7,270,00 units at a price of CAD 0.2 per unit for gross proceeds of CAD 1,454,000 on November 28, 2017. Each unit is comprised of one common share and one share purchase warrant. Each warrant will be exercisable into a common share in the capital of the company at a price of CAD 0.30 per warrant share on the second anniversary of the date of issuance of the units. Finder's fees may be paid in conjunction with the transaction. The company expects participation from certain directors and officers of the company. Wenhong Jin, President of the company, intends to subscribe for 300,000 units. Ke Feng Yuan, Chief Financial Officer of the company, intends to subscribe for 220,000 units. Zheng Zhou, director of the company, intends to subscribe for 1,500,000 units. The transaction is exempt from approval of shareholders.