MONTREAL, Dec. 19 /CNW Telbec/ - Amex Exploration Inc. reports its intent to undertake a non-brokered private placement with independent investors.
This placement consists of a maximum of 150 A units for gross proceeds to the Company of a maximum of $150,000. The A unit price is $1,000 and each unit will consist of 1,875 Common Flow-Through Shares at $0.40 per share, 625 Common Shares at $0.40 per share. The proceeds of this placement shall be used for exploration activities on Perron and Normetal properties and for general purposes.
This private placement is subject to regulatory approval.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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