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Home : Carmax Announces Closing of Its $1,500,000 Flow-Through Financing
Jan 13
2016

Carmax Announces Closing of Its $1,500,000 Flow-Through Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 12, 2016) - Carmax Mining Corp. (TSX VENTURE:CXM) ("Carmax" or the "Company") is pleased to announce that it has closed the non-brokered private placement previously announced in its news release of December 21, 2015 (the "Offering") raising gross proceeds of $1,500,000 in flow-through funds from the issuance and sale of 30,000,000 flow-through shares at a price of $0.05 per share. The placement was made in its entirety to Northern Fox Copper Inc. ("Northern Fox"), a wholly owned subsidiary of Copper Fox Metals Inc., ("Copper Fox").
Source:http://www.marketwired.com/mw/release.do?id=2087551&sourceType=3
 
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