TORONTO, ONTARIO -- (Marketwire) -- 03/02/12 -- Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the 'Company' or 'AEI') is pleased to announce that it has received US$5,000,000 from its strategic partner XinXing Ductile Iron Pipes Co. Ltd. ('XDIP') as part of its Convertible Debenture Financing (the 'Financing') (as press released October 31th, 2011 and January 10th, 2012). The 24-month debenture is
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