Company News

Tantalex Resources Completes $175,000 Financing

Company News

Tantalex Resources (CSE:TTX) has completed a non-brokered private placement for gross proceeds of $175,000. The company also appointed Michel Lebeuf Jr., and Sylvain Giffard as directors of the Company.

Tantalex Resources (CSE:TTX) has completed a non-brokered private placement for gross proceeds of $175,000. The company also appointed Michel Lebeuf Jr., and Sylvain Giffard as directors of the Company.
As quoted in the press release:

Michel Lebeuf is a partner of Briere & Lebeuf, a law firm that focuses primarily on securities, particularly in the areas of natural resources, institutional and corporate financing, and public and private mergers and acquisitions. Mr. Lebeuf represents public companies, securities brokers, buyers, sellers, bankers, and financial advisors. He provides strategic advice on access to public capital markets, securities, and structured products. Over the past two years, Michel Lebeuf has worked for many mining projects in Africa (Democratic Republic of Congo, Ethiopia, Angola, ROC) and his services are regularly used by mining developers, mining companies, and investment banking companies eager to develop mining projects in these countries. Michel also has extensive experience in corporate reorganizations, public and private transfers, and institutional funding.
Sylvain Giffard has held various strategic positions within Canadian and European private companies in the natural resource, energy and military sectors. Mr. Giffard is recognized for his government relations strategies in emerging markets such as Australasia, and Eastern Europe. Between 2001 and 2006, Mr. Giffard played a major role in a Canadian renewable energy company. Amongst other things, he participated in the parliamentary committee on energy security held in Quebec in 2005. He was also a speaker on several topics including the symposium on water management in Quebec in 1997, and emerged the publication of the White Paper for the establishment of a water management in Quebec.
Mr. Lebeuf and Mr. Giffard replace Jean-Robert Pronovost, who resigned as director effective November 1, 2015. The Company wishes to thank Mr. Pronovost for his efforts and we wish him well in his future endeavors.

Click here for the full press release.

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