Margaux Resources Announces Non-Brokered Private Placement of Flow- Through Units and Units
NOT FOR DISSEMINATION IN THE UNITED STATES
Page 1 of 2
NEWS RELEASE
Margaux Resources Announces Non-Brokered Private Placement of Flow-
Through Units and Units
CALGARY, ALBERTA -- (May 14, 2019)
Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) ("Margaux" or the "Company") is pleased to announce
that subject to TSX Venture Exchange ("TSXV") approval, it intends to issue, pursuant to a non -brokered private
placement, up to:
• 14,285,714 units (“Units”) of the Company at a price of $0.07 per Unit; and
• 18,750,000 flow-through units (“Flow-Through Units”) of the Company at a price of $0.08 per Flow-Through
Unit, for aggregate gross proceeds of up to $2.5 Million (the “Offering”).
Each Unit will consist of one common share in the capital of the Company ("Common Share") and one Common
Share purchase warrant ("Warrant"). Each Flow-Through Unit will consist of one Common Share issued on a “CEE
flow-through” basis pursuant to the Income Tax Act (Canada) and one Warrant. Each Warrant will entitle the holder
to acquire one Common Share (each a “Warrant Share”) at an exercise price of $0. 12 per Warrant Share until 4:30
pm (Mountain Standard time) on that date that is 24 months from the closing date of the Offering , (the “Expiry
Time”) subject to accelerated expiry, if the 20- day Volume Weighted Average Price of the Common Shares on the
TSXV exceeds $0.20 per Common Share.
Closing of the Offering is expected to occur on or before June 28, 2019.
Proceeds of the Offering will be used to pursue the Company’s ongoing exploration and drilling programs and for
general working capital. The securities issued pursuant to the Offering will be subject to a four month hold period
under applicable securities laws. In connection with the Offering, certain finders may receive a cash fee and/or non-
transferable finder Warrants.
About Margaux Resources Ltd.
Margaux Resources Ltd. (TSX.V: MRL, OTCQB: MARFF) is a mineral acquisition and exploration Company focused on
the development of gold, zinc and tungsten deposits in the Kootenay Arc, in the southeastern region of British
Columbia. The Company is directed by a group of highly successful Canadian business executives and is focused on
exploration of the Company’s Cassiar Gold Project and Sheep Creek Gold District.
Forward Looking Statements
This press release may contain forward looking statements including those describing Margaux's future plans and
the expectations of management that a stated result or condition will occur. Any statement addressing future events
or conditions necessarily in volves inherent risk and uncertainty. Actual results can differ materially from those
anticipated by management at the time of writing due to many factors, the majority of which are beyond the control
of Margaux and its management. In particular, this news release contains forward-looking statements pertaining,
directly or indirectly, to the following: Margaux's exploration plans and work commitments, market conditions and
the Company's reasonable commercial efforts regarding financing activities, the abili ty to close the Offering in the
amount anticipated or at all, the use of proceeds of the Offering and economic factors, business and operations
NOT FOR DISSEMINATION IN THE UNITED STATES
Page 2 of 2
strategies. Readers are cautioned that the foregoing list of risk factors should not be construed as exhaustive. These
statements speak only as of the date of this release or as of the date specified in the documents accompanying this
release, as the case may be. The Company undertakes no obligation to publicly update or revise any forward-looking
statements except as expressly required by applicable securities laws.
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.
CONTACT INFORMATION
Margaux Resources Ltd.
Tyler Rice
President, CEO and a Director
(403) 537-5590