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BMEX Gold Announces Flow-Through Financing
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2022) - BMEX Gold Inc. (TSXV: BMEX...
About this update from Route 109 Resources Inc.
[{"type":"text","content":"BMEX Gold Announces Flow-Through FinancingVancouver, British Columbia--(Newsfile Corp. - December 21, 2022) - BMEX Gold Inc. (TSXV: BMEX) (OTCQB: MRIRF) (FSE: 8M0) (\"BMEX\" or the \"Company\") is pleased to announce a private placement of up to 9,333,334 flow-through shares of the Company at a price of $0.075 per flow-through share for aggregate gross proceeds of up to $700,000 (the \"Offering\").As consideration for the services provided in connection with the Offering, the Company will pay a finder's fee of 6% of the gross proceeds of the Offering.All securities issued pursuant to the Offering will be subject to a statutory hold period of four months from the date of issuance in accordance with applicable securities legislation. The gross proceeds from the sale of the flow-through shares will be used to further explore and evaluate the Company's Dunlop Bay project located in Quebec, Canada.The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"U.S. Securities Act\") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.About BMEX Gold Inc.BMEX Gold Inc. is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdiction of Quebec, Canada. BMEX is currently fully focused on its 100% interest in the two projects, both located in the prolific Abitibi greenstone belt:King Tut Project consists of 120 contiguous claims on 5,206 hectaresDunlop Bay Project consists of 76 mineral claims that cover 4,226 hectaresBMEX common shares trade under the symbol \"BMEX\" on the TSX-V and under the symbol 8M0 on the Frankfurt Exchange.For further information please contact:BMEX Gold Inc.Robert Pryde, PresidentTel: +1 (403) 478 6042Email: [email protected]...