Geodex Minerals Ltd. (TSX-V: GXM) has closed its $1.1 million private placement financing. Geodex issued 10,007,000 units resulting in gross proceeds of $1,100,770. Each unit contains 1 common share and 1 warrant. A whole warrant enables its holder to purchase 1 additional common share for $0.20 per share for a 24 month period. The company will be using their proceeds from the private placement for general corporate purposes.
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Geodex Minerals Ltd. (Geodex) is a Canada-based mineral resource company engaged in the acquisition and development of mineral properties in Canada. Sisson Brook and Mount Pleasant Brook are the Company’s molybdenum-copper-tungsten-indium projects.
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