PJX Resources Announces $600,000 Private Placement

PJX Resources Inc. (TSXV:PJX) announced a $600,000 non-brokered private placement consisting of 4.8 million units through the issuance of flow through and non-flow-through units at $0.15 per flow through unit and $0.125 per non-flow through unit.

As quoted in the press release:

Each unit, whether acquired as part of a Unit or a Flow Through Unit, will consist of one common share and one non-transferable common share purchase warrant. Each warrant will entitle the holder to purchase one common share at an exercise price of $0.20 for 24 months following completion of the offering.

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