Amex Exploration Inc (AMXEF)

[PerdonMe]

News out

https://finance.yahoo.com/news/amex-completes-5-4-million-221627557.html
In connection with the offering (the “Offering”) 7,256,000 units, each priced at $0.75 (the “Units”) were issued, with each Unit consisting of one common share and one half (½) of one common share purchase warrant (the “Warrant”) having an exercise price of $1.25 and a term of 18 months provided that, the Company may issue a notice of acceleration to the Warrant holders if the volume weighted average price of the common shares is greater or equal to, $1.50 for 20 consecutive trading days in which case the Warrants will expire 30 days later. Victor Cantore, President and CEO of Amex Exploration commented, ‘With this financing we are very pleased to welcome Mr. Eric Sprott as a new strategic investor.