Online:
Visits:
Stories:
Profile image
By ProactiveInvestors (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

MGX Minerals $5mln offering set to close in April

Wednesday, April 5, 2017 10:41
% of readers think this story is Fact. Add your two cents.

(Before It's News)

Industrial minerals group MGX Minerals Inc (CVE:XMG) said its warrant financing announced in March is now expected to close on or around April 25.

Up to 4,166,666 special warrants will be offered at $1.20 each for gross proceeds of up to $5million, the firm said.

Mackie Research Capital Corp is lead agent and has been granted the option to increase the size of the offering by up to an additional $750,000 of special warrants at any time up to 48 hours prior to the closing of the offering.

Each warrant can be exercised into one unit of the company, which will consist of one share and one share purchase warrant.

Each warrant will be exercisable into one share for two years following the closing of the offering.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/176036/mgx-minerals-5mln-offering-set-to-close-in-april-176036.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.