North of 60 Mining News - The mining newspaper for Alaska and Canada's North

North of 60 Mining News - Mining Business directory

TerraX raises C$2.1M for summer drilling

 

Last updated 5/22/2016 at Noon



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 entitl...



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