Corex Announces Closing of First Tranche
Tranche one of the Financing included the issuance of 3,000,000 units at a purchase price of $0.05 for gross proceeds of $150,000.00. Each Unit comprise of one common share in the capital of the Company and one half of one non-transferable common share purchase warrant. Each whole Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CDN$0.15 per Warrant Share for a period of 24 months from the closing date of the Private Placement.









