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YELLOWKNIFE, NORTHWEST TERRITORIES--(Marketwired - June 8, 2015) - TerraX Minerals Inc.
(TSX VENTURE:TXR)(OTC PINK:TRXXF)(FRANKFURT:TX0) has closed the previously announced non-brokered private placement of 5,000,000 flow-through shares at $0.40 per share for gross proceeds of $2,000,000 with CMP, a Canadian investment fund. The shares are subject to a hold period expiring on October 6, 2015. A cash finder's fee was paid on this placement along with the issuance of 300,000 finders warrants exercisable at $0.55 per share until June 5, 2018. |
