- BMEX Gold (BMEX) announced a flow-through private placement for gross proceeds of up to $700,000
- The company will issue up to 9,333,334 flow-through shares at $0.075 per FT share
- BMEX will use the gross proceeds to further explore and evaluate the company’s Dunlop Bay project located in Quebec, Canada
- BMEX Gold is a junior Canadian mining exploration company
- BMEX Gold Inc. (BMEX) opened trading at C$0.055 per share
BMEX Gold (BMEX) announced a flow-through private placement for gross proceeds of up to $700,000.
The company will issue up to 9,333,334 flow-through shares at $0.075 per FT share. For this offering, the company will pay a finder’s fee of 6 per cent of the gross proceeds.
BMEX will use the gross proceeds to further explore and evaluate the company’s Dunlop Bay project located in Quebec, Canada.
All securities issued will be subject to a statutory four-month hold period.
Closing of the offering is subject to the approval of the TSX Venture Exchange.
BMEX Gold is a junior Canadian mining exploration company. Its primary objective is to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdiction of Quebec, Canada.
The company currently focuses on its 100 per cent interest in the two projects, located in the prolific Abitibi greenstone belt. Its King Tut Project consists of 120 contiguous claims on 5,206 hectares, while Dunlop Bay Project consists of 76 mineral claims that cover 4,226 hectares.
BMEX Gold Inc. (BMEX) opened trading at C$0.055 per share.