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

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Geodex Minerals Ltd Closes $200,000 Private Placement

Wednesday, 12 Jun 2013 11:46am EDT 

Geodex Minerals Ltd announced that it has closed the previously announced non-brokered private placement of 3,333,333 million units of Geodex at $0.06 per Unit for total gross proceeds of $200,000. Each Unit is comprised of one common share and one half share purchase warrant (a Warrant). Each full Warrant is exercisable into one Geodex common share at $0.10 per share for a period of 12 months from the closing date. Proceeds from the private placement will be used to fund a drill program on the Dungarvon Project in New Brunswick to test the Peaked Mountain tungsten-molybdenum target and advance the South Dungarvon tin target, as well as for general corporate purposes. 

Company Quote

-0.0050 -11.11%
2 Mar 2015