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Provider: Reuters Investment Profile
Provider: GlobalData
Provider: GlobalData
Provider: GlobalData

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Alix Resources Corp Closes $219,500 Private Placement-Canada Stockwatch News

Friday, 25 Jan 2013 07:44pm EST 

Canada Stockwatch News reported that Alix Resources Corp further to the announcement made earlier, it has completed a non-brokered private placement of 4.39 million units at a price of five cents per unit for gross proceeds of $219,500. Each unit consists of one common share and one share purchase warrant of the Company. Each warrant will entitle the holder to acquire one share of the Company at a price of eight cents per share for the first 12 months and 10 cents per share for the following 12 months from the date of issuance. The shares and warrants issued pursuant to the private placement and any shares issued on exercise of the warrants are subject to four-month resale restriction that expires on May 26, 2013. The proceeds raised will be used for general working capital. 

Company Quote

18 Dec 2014