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Prominex Resource Corp Closes Financing At $320,550


Tuesday, 9 Apr 2013 07:00am EDT 

Prominex Resource Corp announced that it has closed the private placement announced on April 5, 2013. Prominex placed 21,370,000 Units priced at $0.015 for net proceeds of $320,550. Each Unit comprises one common share and one full share purchase warrant. Each warrant is exercisable into one common share for a period of 12 months from closing at a price of $0.05 per share. All values are in Canadian dollars unless otherwise specified. No fees or commissions were incurred. The Company will use the proceeds from the transaction to satisfy current liabilities and for general working capital and to further exploration efforts at the Tulks Hill and Lake Bond base metal properties located in central Newfoundland. 

Company Quote

0.025
0.01 +66.67%
22 Aug 2014