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Re: jackblack1968 post# 2594

Monday, 10/26/2009 1:46:22 PM

Monday, October 26, 2009 1:46:22 PM

Post# of 7228
AUX.v, yes me too, got some at .065 and some at .07 also..they had this news several days ago

Auramex Resource closes 5.5-million-unit financing

2009-10-21 19:51 ET - News Release

Mr. Wayne Crocker reports

COMPANY CLOSES FLOW-THROUGH PRIVATE PLACEMENT WITH THE MINERALFIELDS GROUP

Auramex Resource Corp. has issued a total of 5.5 million units at 9.5 cents per unit, pursuant to the closing of a flow-through private placement originally announced in Stockwatch on Sept. 18, 2009, with the MineralFields Group as the majority placee. Each unit consists of one flow-through common share and one share purchase warrant. Each share purchase warrant entitles the holder to purchase one additional common share for a period of two years from the date of issue, at a price of 15 cents per share in the first year and 20 cents per share in the second year. In connection with the placement, the company also issued 259,210 non-flow-through units and non-flow-through finder's fee options entitling the holder to purchase, at the price of 9.5 cents per unit, 518,421 non-flow-through units. Each of the units to be received by the finder initially and upon due exercise of the finder's fee options will comprise one non-flow-through common share and one warrant, with each warrant having the same terms and conditions as the warrants in the private placement. The common shares, warrants and options issued under and in connection with the placement, and any shares issued pursuant to the exercise of the warrants and options, are subject to a four-month hold period under applicable securities laws and imposed by the TSX Venture Exchange, expiring Feb. 22, 2010.

Company president Wayne Crocker said: "We are very pleased to be entering into this relationship with MineralFields Group. This is an important milestone in the growth of Auramex Resource Corp. and we look forward to working with MineralFields Group as we develop our holdings in the Stewart camp."

About MineralFields, Pathway and First Canadian Securities

MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged superflow-through limited partnerships to investors throughout Canada, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class mutual fund series). Information about MineralFields Group is available at its website. First Canadian Securities is active in leading resource financings (both flow-through and hard-dollar PIPE financings) on competitive, effective and service-friendly terms, and offers investment banking, mergers and acquisitions, and mining industry consulting, services to resource companies. MineralFields and Pathway have financed several hundred mining companies, and oil and gas exploration companies, to date, through First Canadian Securities.
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