Argex Silver Capital Closes Transaction With Canada Corp.

Argex Silver Capital Inc. (TSX VENTURE:RGX) announced today that the company has completed its qualifying transaction by the acquisition of the assets of 7013833 Canada Corp.This consisted of mining claims situated in the Baie-Comeau region of north-eastern Quebec.

The press release is quoted as saying:

The MineralFields Group participated in the Private Placement, subscribing for 7,600,000 A Units for a subscription price of $1,900,000. Limited Market Dealer Inc. received a cash commission of $95,000 and 760,000 Finder’s Warrants in connection with this investment. MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada as well as hard-dollar resource limited partnerships to investors throughout the world.

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