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

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Geodex Minerals Ltd Closes Previously Announced Unit Private Placement

Thursday, 20 Dec 2012 11:57am EST 

Geodex Minerals Ltd announced that it has closed the non-brokered private placement announced December 11, 2012. The offering consisted of 2,330,000 units (the "Units") at $0.09 per Unit, raising $209,700. Each Unit is comprised of one common share and one share purchase warrant (a "Warrant"). Each full Warrant is exercisable into one Geodex common share at $0.12 per share for a period of 24 months from the closing date. No finders fees or commissions were paid in connection with the Offering. Proceeds from the private placement will be used for general corporate purposes and exploration work on the Dungarvon tungsten-molybdenum project as well as other properties. All of the securities issued under the Offering including any shares issued on exercise of Warrants will be subject to a four month hold which expires April 20, 2013. 

Company Quote

30 Oct 2014