Wednesday, November 08, 2017 3:16:34 PM
Management didn't waste any time to start fundraising to hopefully develop Jackpot Lithium property
"ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N2–FRANKFURT) announces the Company has arranged a non-brokered private placement of up to 25,000,000 units (the "Units") at a post-consolidation price of $0.11 per Unit for an aggregate gross proceeds of $2,750,000 (the "Offering").
Each Unit will consist of one post-consolidation common share and one post-consolidation common share purchase warrant, with each warrant entitling the holder thereof to acquire one post-consolidation common share at an exercise price of $0.20 per share for a period of 24 months. The Company may, in its sole discretion, pay finders' fees to agents of the Company.
The proceeds raised will be used for general corporate purposes and for advancing the Company’s 100% owned Jackpot Lithium project located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario.
About Alix Resources
Alix Resources is a junior mining exploration company focused on seeking and acquiring world class lithium projects globally. Alix continues to evaluate suitable prospects that fit the mandate of the Company.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM