Goldex Announces Private Placement
is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 30,000,000 units at a price of $0.05 cents per unit to raise gross proceeds of up to $1,500,000. Each unit consists of one common share and one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 12 months at a price of $0.10 per share. The private placement is subject to the acceptance of the TSX Venture Exchange.
The proceeds of the private placement will be used for the continuing development of Goldex’s El Pato, La Chorrera and El Arco properties located in both Guatemala and Mexico and for general working capital.
Charles ROSS, President
GOLDEX RESOURCES CORPORATION
About Goldex Resources Corp
