Amerix Amends Private Placement

Amerix Precious Metals (TSXV:APM) has announced amended terms to their private placement, originally announced October 19, 2010. The new terms are for 15,000,000 units priced at $0.07 including a share and a full warrant priced at $0.11 for two years. There is a forced exercise on the warrant if APM trades at $0.25 or higher for ten consecutive days.

The release states that proceeds of the financing will be used to continue exploration on APM’s Limão gold project in Brazil.

Click here if you are interested in participating in this private placement.

Click here to see the full press release.

Click here to see the Amerix web site.