BRÈVE

sur PJX Resources Inc. (isin : CA72585A1093)

PJX Resources Inc. Announces $3.6 Million Non-Brokered Private Placement

PJX Resources Inc., based in Toronto, has launched a non-brokered private placement aiming to raise $3.6 million by issuing up to 13,486,111 units. These units are divided into three types: Flow Through Units priced at $0.36, Strategic Units at $0.225, and Non-Strategic Units at $0.20. The private placement has completed the issue of Flow Through and Strategic Units, with a remaining focus on Non-Strategic Units.

Each unit type offers different benefits. Flow Through Units include one common share and a half-warrant with an exercise option at $0.45. Strategic and Non-Strategic Units comprise one common share and a half-warrant, with exercise prices of $0.45 and $0.40 respectively. The strategic investor in this initiative now holds between 6.39% to 9.23% of PJX’s shares and has pre-emptive rights to maintain this ownership stake.

Directors Linda Brennan and James Clare participated in the placement, subscribing for Non-Strategic Units deemed as related party transactions under regulation TSXV Policy 5.9 and Multilateral Instrument 61-101. PJX intends to utilize the proceeds for developing its assets in Cranbrook, British Columbia and plans to incur Canadian exploration expenses with funds from the Flow Through Units by the end of 2025 to qualify for tax incentives.

R. P.

Copyright © 2024 FinanzWire, tous droits de reproduction et de représentation réservés.
Clause de non responsabilité : bien que puisées aux meilleures sources, les informations et analyses diffusées par FinanzWire sont fournies à titre indicatif et ne constituent en aucune manière une incitation à prendre position sur les marchés financiers.

Cliquez ici pour consulter le communiqué de presse ayant servi de base à la rédaction de cette brève

Voir toutes les actualités de PJX Resources Inc.