Auramex Announces Partial Closing of Private Placement
FOR IMMEDIATE RELEASE TSX V: AUX
August 22, 2019
Not for dissemination in the United States or through U.S. newswires
AURAMEX ANNOUNCES PARTIAL CLOSING OF PRIVATE PLACEMENT
Vancouver, British Columbia – Auramex Resource Corp. (the “Company” or “Auramex”)
(TSX.V: AUX) reports it has closed a First Tranche of the non- brokered private placement
announced on July 5, 2019. A total of 7,630,000 Units at a price of $0.05 per Unit (the “Units”)
have been issued for gro ss proceeds of C$381,500. Each U nit consists of one common share of
the Company and one common share purchase warrant (the “Warrant”). Each W arrant will be
exercisable for one common shar e of the Company at a price of $0.07 until January 22, 2021.
The proceeds of the financing are to be used for exploration and development of the Company’s
properties and for general corporate costs. The Company expects to close on the final portion of
this financing in September 2019. A Finder’s fee of $3,600 was paid to PI Financial Corp. in
respect of this portion.
The common shares issued under this portion of the financing are subject to a hold period and
may not be traded until December 24, 2019.
This financing is subject to receipt of TSX Venture Exchange final acceptance.
On behalf of the Board of Directors:
Lawrence Roulston
President & CEO
For further information, contact:
Nancy Curry
Corporate Communications
www.auramex.com.
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.
20th Floor, 250 Howe Street
Vancouver, BC V6C 3R8 Canada
Tel: 604-914-2142
NR #2019-11