pcNewsWire – TANTALEX Resources Corporation (CSE: TTX; FSE:1T0) has completed a non-brokered private placement for gross proceeds of $300,000 through the issuance of a convertible debenture of principal amount of $300,000 bearing interest of 10% per annum and having an expiry date that is three months following its issuance.
News Release
TANTALEX RESOURCES CORPORATION ANNOUNCES CLOSING OF A NON-BROKERED PRIVATE PLACEMENT OF $300,000
Toronto, Canada / Munich, Germany June 6th, 2017 – TANTALEX Resources Corporation (CSE:TTX –FSE:1T0) (“TANTALEX” or the “Corporation”), announces that it has completed a non-brokered private placement financing (the “Offering”) raising gross proceeds of $300,000 through the issuance to an accredited investor, of a convertible debenture of principal amount of $300,000 bearing interest of 10% per annum and having an expiry date that is three months following its issuance. No finder’s fee was paid by the Corporation in connection with the Offering.
All underlying securities to be issued pursuant tothe Offering are subject to a four-month statutory hold period in Canada.
About TANTALEX Resources Corporation
TANTALEX is a mining company engaged in the acquisition, exploration, development and distribution of Tantalum and other high-tech mineral properties in Africa. The Corporation is listed on the Canadian Stock Exchange (symbol: TTX) and the Frankfurt Stock Exchange (symbol: 1T0).
The Canadian Securities Exchange (CSE) has not reviewed this news release and does not accept responsibility for its adequacy or accuracy.
For further information, please contacts Investor relations: ir@tantalex.ca
Or visit us at: WWW.TANTALEX.CA
TANTALEX Resources Corporation
Dave Gagnon
Chief Executive Officer
+16479637476
dg@tantalex.ca
SOURCE: TANTALEX Resources Corporation
