Business
Tiex - Closes Financing With MineralFields Group
Jul. 27, 2011 (Canada NewsWire Group) -- (Not for distribution to USA wire service or for dis...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"\n\n\n Jul. 27, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n(Not for distribution to USA wire service or for dissemination in the\n USA)\n\n\nKELOWNA, BC, July 27, 2011 /CNW/ - Tiex Inc. ("Tiex" or the "Company") TSXV: TIX is pleased to announce it closed on July 26, 2011 a non-brokered\n private placement of $760,000 with MineralFields Group (the "Private Placement"). The Private Placement consisted of 545,454 units ("Common Units") at a price of $0.11 per Common Unit for gross proceeds of $60,000;\n and 5,384,614 units ("Flow-Through Units") at a price of $0.13 per Flow-Through Unit for gross proceeds of\n $700,000.  Each Common Unit consists of one common share and one common\n share purchase warrant, each common share purchase warrant entitling\n the holder to acquire until July 25, 2013 one common share of the\n Company at $0.15 per share. Each Flow-Through Unit consists of one\n common share of the Company issued on a flow-through basis pursuant to\n the Income Tax Act (Canada) and one-half of one common share purchase warrant, with each\n whole common share purchase warrant entitling the holder to purchase\n until July 25, 2013 one common share at a price of $0.15 per share. The\n Private Placement is subject to final regulatory approval.\n\n\nIn connection with the Private Placement, the Company paid finders' fees\n to First Canadian Securities, a division of Limited Market Dealer Inc.,\n of $45,600 and 415,104 ...