On May 13, 2009, Atikwa Minerals Corporation (TSX VENTURE:ATK) completed its previously announced non-brokered equity financing. The aggregate gross proceeds raised in the initial and final closings were $950,000. A total of 19,000,000 units of Atikwa were sold in the two closings (10,750,000 units in the initial closing on April 30, 2009 and 8,250,000 units in the final closing) at a price of $0.05 per unit, each unit consisting of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase one additional common share at $0.10 for one year after closing.

The net proceeds from this financing will be used to continue implementing Atikwa's business plan of consolidating junior resource company operations and for general corporate purposes.

Rod Ferguson of Fasken Martineau advised Atikwa in this transaction.