TerraX raises C$2.1M for summer drilling

TerraX Minerals Inc. May 16 reported the closing of the final tranche of a private placement with the issuance of a further 2,804,000 units at C35 cents per unit for gross proceeds of C$981,400, increasing the aggregate gross proceeds raised in two tranches to C$2,112,250.

Each unit will be comprised of one common share and one-half of one share purchase warrant, with each full warrant entitling t...