Orezone Gold Corporation press release
Goldex Announces Completion of $4 Million Brokered Private Placement Financing
TSX - Toronto Stock Exchange · Gold · Silver · Canada
VANCOUVER, April 6 /CNW/ - Goldex Resources Corporation wishes to announce that it has completed the over-allotment portion of the brokered private placement, the initial closing of which was announced March 24, 2006. This tranche of the placement is for 3,057,500 units, at a price of $0.25 per Unit. The Company has received $703,225.00 as net proceeds after deduction of expenses. Each Unit is comprised of one Common Share and one Share Purchase Warrant. Each Share Purchase Warrant entitles the holder to purchase an additional Common Share of the Company for $0.35 up to the close of business in Vancouver, British Columbia on April 6, 2008. All securities issued in this tranche are subject to a hold period expiring on August 7, 2006. The Company has also paid an amount representing a commission of 8% cash and 10% broker's warrants in connection with funds raised for the private placement. Together with the initial placement tranche closed March 24, 2006 Goldex Resources Corporation has completed $3,999,908.75 of financing and issued 15,999,635 Units. Pro Groups on the private placement include: Sprott Asset Management Inc., four million shares; RAB Special Situations (Master) Fund Ltd., two million shares, CIBC Securities - Precious Metals, two million shares, Ian Gordon 400,000; Rick Pogue 32,000; Jay Dowhaniuk 20,000; Steve Asaoka, 24,000.
Goldex Resources Corporation Submitted on behalf of the board of directors
"Charles Ross", Director
Goldex's web site can be accessed at http://www.goldex.ca/.
The TSX Venture Exchange has neither approved nor disapproved the contents hereof and does not accept responsibility for the adequacy or accuracy of this release.
Earlier from Orezone Gold Corporation
- Goldex announces Results of Recent Exploration Work and a 4th 2005 Gold Zone Discovery at the El Pato Project, Guatemala
- Goldex announces Results of Recent Exploration Work and a 3rd 2005 Gold Zone Discovery at the El Pato Project, Guatemala
- Goldex announces second new vein discovery in 2 weeks at the El Pato Project, Guatemala