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    Prominex Resources Cancels Private Placement

    Investing News Network
    Aug. 27, 2012 09:28AM PST
    Base Metals Investing

    Prominex Resource Corp.(TSXV:PXR) announced cancelling its previously announced private placement. The Company came to this decision due to current market conditions.

    Prominex Resource Corp.(TSXV:PXR) announced cancelling its previously announced private placement. The Company came to this decision due to current market conditions.

    As quoted in the press release:

    The Company has completed the exploration expenditures required at the Lake Bond property to earn its 100% interest, however, the Company is required to file an assessment report with the Department of Mines in St. John’s NL by September 30th, 2012. The Company will release results from this program once they have been received and verified. The required report will then be filed with the Department of Mines.

    Click here to read the Prominex Resource Corp. (TSXV:PXR) press release

    See this press release on Marketwire

    tsxv:pxrprivate placement
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