ALX Uranium Corp. Announces Non-brokered Flow-Through Private Placement
(firmenpresse) - ALX Uranium Corp. Announces Non-brokered Flow-Through Private Placement
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Vancouver, December 21, 2016 - ALX Uranium Corp. (ALX or the Company) (TSXV: AL; FSE: 6LLN; OTCQX: ALXEF) announced today a non-brokered private placement of up to 3,000,000 flow-through units (FT Units) at $0.10 per FT Unit for gross proceeds of up to $300,000.
Each FT Unit consists of one flow-through common share and one non flow-through common share purchase warrant in the capital of the Company. Each common share purchase warrant (a Warrant) is exercisable into one common share of the Company for a period of 24 months from closing at a price of $0.15 per common share.
Finders fees may be payable in connection with this private placement.
All the securities issuable will be subject to a four-month hold period from the date of closing.
The proceeds received from the FT Units will be used by the Company to incur qualified Canadian Exploration Expenses for exploration of the Companys uranium projects in the Athabasca Basin of Saskatchewan, Canada.
About ALX Uranium Corp.
ALX Uranium Corp. was formed as the result of a business combination between Lakeland Resources Inc. and Alpha Exploration Inc. ALX is based in Vancouver and its common shares are listed on the TSX Venture Exchange under the symbol "AL", on the Frankfurt Stock Exchange under the symbol 6LLN and in the United States OTCQX under the symbol ALXEF. ALX is actively exploring a portfolio of early-stage properties. Technical reports are available on SEDAR (www.sedar.com) for several of the Companys active properties. ALX continually and proactively reviews opportunities for new properties, whether by staking, joint venture or acquisition.
For more information, please visit the corporate website at www.alxuranium.com or contact Roger Leschuk, Vice-President, Corporate Development at Ph: 604.629.0293 or email: rleschuk(at)alxuranium.com
On Behalf of the Board of Directors
ALX Uranium Corp.
"Mark Lackey"
Mark Lackey
President, CEO and Director
Direct: 647.774.5967
Office: 604.629.0293
Toll-free: 1-866-629-8368
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Leseranfragen:
Lakeland Resources Inc. ist ein reines Uranexplorationsunternehmen mit einem Schwerpunkt auf dem Athabasca-Becken in Saskatchewan (Kanada), das einige der weltweit größten und reichsten hochhaltigen Uranvorkommen beherbergt.
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Datum: 22.12.2016 - 10:23 Uhr
Sprache: Deutsch
News-ID 514454
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