Canamex Looks to Complete Equity Financing for $1.5 Million

 Canamex Resources (TSXV:CSQ,FWB:CX6) is looking to complete a private placement to raise $1.5 million in financing. Proceeds will be used for exploration and development of the Bruner gold project in Nevada as well as for general working capital.

According to the press release:

These funds will be raised by the Company issuing up to 7,142,857 Units at a price of $0.21 per Unit (the “Units”), each Unit consisting of one common share and one-half share purchase warrant, each whole warrant entitling the holder thereof to purchase one additional common share, exercisable for a period of two years from the date of issuance at a price of $0.30 per share.

Click here to read the Canamex Resources Corp. (TSXV:CSQ,FWB:CX6) press release
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