pcNewsWire – Dorex Minerals Inc. (TSX-V: DOX) has closed previously announced non-brokered private placement of 7,000,000 common shares at $0.11 per share for gross proceeds of $770,000.
Proceeds of the placement will be used for general corporate purposes.
News Release
June 7, 2017 TSX-V: DOX
DOREX CLOSES PRIVATE PLACEMENT FOR $770,000
Vancouver British Columbia – Dorex Minerals Inc. TSX-V:DOX (the “Company”) is pleased to announce the closing of its previously announced non-brokerted private placement for total proceeds of
$770,000.
The private placement consisted of 7,000,000 common shares of the Company at a price of $0.11 per share. In connection with the private placement, the Company paid a cash commission totalling
$11,880.00. All securities issued in connection with the placement are subject to a hold period expiring October 8, 2017. Proceeds of the placement will be used for general corporate purposes.
On Behalf of the Board of DOREX MINERALS INC.
Signed: “Julius Galik”
Julius Galik, President and CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
