Tirex Financing Extended
488-1090 West Georgia St. Tel: 604-687-7130 www.tirexresources.com
Vancouver B.C. [email protected]
Canada V6E3V7 TXX: TSX-V
March 14, 2017 - NR 04-2017
NEWS RELEASE
NEWS RELEASE
Tirex Financing Extended
Tirex Resources Ltd. (“Tirex” or “the Company” ) (TXX: TSX -V) announces that its proposed $500,000
private placement financing announced on February 15, 2017, has been extended by 30 days. The financing
will be by way of a non-brokered private placement through the issuance of 5 million units at $0.10 per unit
with each unit consisting of one common share and one -half share purchase warrant w ith each full warrant
allowing the holder to purchase an additional common share at $0.15 for a period of 12 months , subject to
acceleration if the Company’s common shares close at $0.30 or greater for 10 straight days.
Proceeds of the financing will be used for field work at Rehova and for general working capital.
On behalf of the Company,
Spiro Kletas
Chief Executive Officer
Forward-Looking Statements. This Tirex News Release may contain certain "forward -looking" statements
and information relating to Tirex and the possible business transaction contemplated in this News Release.
Often forward -looking statements or information include words such as "plans", expects", "intends",
"anticipates", "estimates" "forecasts", or variations of such words and phras es or statements that certain
actions, events or results "may", "could", "would", "might" or will be taken occur or be achieved. Although
forward-looking statements and information contained in this release are based on the beliefs of Tirex
management, which we consider to be reasonable, as well as assumptions made by and information currently
available to Tirex management, there is no assurance that the forward -looking statement or information will
prove to be accurate. Specifically, there is no assurance Tirex will be able proceed with the financing stated
in this News Release. The forward -looking statements and information contained in this release are subject
to current risks, uncertainties and assumptions related to certain factors including, without limitations,
obtaining all necessary approvals, expenditure and financing requirements, title matters, operating hazards,
metal prices, political and economic factors, competitive factors, general economic conditions, relationships
with vendors and strateg ic partners, governmental regulation and supervision, seasonality, technological
change, industry practices, and one -time events as well as risks, uncertainties and other factors discussed in
our quarterly and annual and interim management's discussion and analysis. Should any one or more of these
risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual
results and forward -looking statements and information may vary materially from those described herein.
Accordingly, readers should not place undue reliance on forward -looking statements and information
contained in this release. We undertake no obligation to update forward -looking statements or information
except as required by law.
"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 news
release."