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Home : TerraX Closes Final Tranche of Non-Brokered Flow-Through Private Placements for a Total Raised of $5,180,145
Jun 25
2015

TerraX Closes Final Tranche of Non-Brokered Flow-Through Private Placements for a Total Raised of $5,180,145

YELLOWKNIFE, NORTHWEST TERRITORIES--(Marketwired - June 24, 2015) - TerraX Minerals Inc. (TSX VENTURE:TXR)(OTC PINK:TRXXF)(FRANKFURT:TX0) has completed a third and final closing of its non-brokered private placement announced May 19, 2015 with the issuance of a further 385,000 flow-through common shares at $0.40 per share for gross proceeds for this tranche of $154,000. These shares will be subject to a hold period expiring on October 25, 2015. Cash finder's fees are payable with respect to this placement along with the issuance of 23,100 finders warrants exercisable at $0.55 until June 24, 2018.
Source:http://www.marketwired.com/mw/release.do?id=2032781&sourceType=3
 
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