NU E Power Corp. press release
Metalex Ventures Ltd. - Proposed private placement
CSE - Canadian National Stock Exchange · Canada
LOWNA, BC, Sept. 20 /CNW/ - Metalex Ventures Ltd (MTX - TSX Venture Exchange) ("Metalex" or the "Company"). The Company announces that it proposes to carry out a private placement to raise proceeds of up to $6,300,000. The private placement will be comprised of a combination of flow-through shares at a price of $0.75 per share and non-flow-through shares at a price of $0.75 per share. Proceeds from the private placement will be used to advance the Company's diamond exploration projects and for general working capital. Closing of the private placement is subject to the acceptance of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
"Peter Gregory"
Peter Gregory, President METALEX VENTURES LTD.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.
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