RAB Special Situations (fka RAB)

[Tackler]

GDX Goldex Resources 4.5-million-share private placement

2005-04-22 16:28 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced March 24, 2005.

Shares: 4.5 million shares

Price: 20 cents per share

Warrants: 4.5 million share purchase warrants to purchase 4.5 million shares

Warrant exercise price: 30 cents for a two-year period

Placees: one

Insider: RAB Special Situations LP, 4.5 million shares

Agent: Dominick & Dominick Securities Inc.

Commission: $72,000 cash and 450,000 agent's options exercisable for two years at 30 cents