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TORONTO, ON--(Marketwired - July 13, 2016) - Minfocus Exploration Corp. (TSX VENTURE: MFX) ("Minfocus" or the "Company") is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement of up to 10,000,000 units for gross proceeds of up to $250,000 (See June 21 2016 news release). The second tranche of the private placement closed subscriptions representing 5,380,000 units and proceeds of $134,500. The second tranche closing comprised subscriptions for $33,500 in non-flow-through units ("NFT Units") and $101,000 in flow-through units ("FT Units"). To date, a total of $219,500 in gross proceeds has been raised. |