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Metalex Ventures to raise $1.05M via flow through shares (TSXV:MTX:CA)

  • Metalex Ventures (TSXV:MTX:CA) will undertake a non-brokered private placement to raise gross proceeds of up to $1.05M.
  • The offering will be comprised of flow through shares priced at $0.025 per FT share.
  • The proceeds are proposed to be used to incur “flow-through critical mineral mining expenditures”.
  • The proceeds will be used for the advancement of the company’s Quebec projects.
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