By Sheri Kasprzak
Atlanta, Jan. 6 - Metalex Ventures Ltd. said it raised C$3,586,859 in a private placement.
The company sold 3,985,399 flow-through shares at C$0.90 each.
Company chairman Charles Fipke subscribed for C$1 million of the offering.
Dominick and Dominick Inc. was the placement agent in the offering.
Based in Kelowna, B.C., Metalex is a diamond mining and exploration company.
| Issuer: | Metalex Ventures Ltd.
|
| Issue: | Flow-through shares
|
| Amount: | C$3,586,859
|
| Shares: | 3,985,399
|
| Price: | C$0.90
|
| Warrants: | No
|
| Placement agent: | Dominick and Dominick Inc.
|
| Settlement date: | Jan. 6
|
| Stock price: | $0.90 at close Jan. 5 (last trade)
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