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| Home : Geodex Announces Unit Private Placement |
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Oct 08
2013 |
Geodex Announces Unit Private Placement |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 8, 2013) - Geodex Minerals Ltd. (TSX VENTURE:GXM) (FRANKFURT:G2W), ("Geodex") announces that it will proceed with a non-brokered private placement of up to 4,200,000 million units and shares of Geodex. It is expected that the financing will comprise a combination of non-flow through units (the "Non-Flow-Through Units") and flow-through shares ("Flow-through Shares"). The Non-Flow-Through Units will be priced at $0.06 per Unit. Each Unit will be comprised of one common share and one half share purchase warrant (a "Warrant"). Each full Warrant will be exercisable into one Geodex common share at $0.10 per share for a period of 12 months from the closing date. Each Flow-Through Share will be priced at $0.06 for one common share. |
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| Source:http://www.marketwired.com/mw/release.do?id=1839074&sourceType=3 |
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