Auramex Announces Private Placements
FOR IMMEDIATE RELEASE TSX V Symbol: AUX December 20, 2018
Not for dissemination in the United States or through U.S. newswires
AURAMEX ANNOUNCES PRIVATE PLACEMENTS
Vancouver, British Columbia – Auramex Resource Corp. (the “Company” or “Auramex”) (TSX.V:
AUX) announces that it plans to raise up to $400,000 through a non-brokered private placement (the " Private
Placement”) consisting of flow -through common shares (“FT Shares”) at a price of $0.05 per FT Share and
non flow -through units (“Units”) at a price of $0.05 per Unit, at the option of the subscriber. The Private
Placement is subject to TSX Venture Exchange approval and all securities will be subject to a four month hold
period.
Each Unit will consist of one common share and one -half of one share purchase warrant (the “ Warrants”).
Each whole Warrant will entitle the holder to purchase one additional Common Share at a price of $0.10 per
Common Share for one year following the closing date of the Private Placement. A finder’s fee may be payable
on a portion of the financing.
The proceeds of the financing will be used for exploration work on the Company’s properties and general
corporate expenses.
The securities have not been and will not be registered under the United States Securities Act of 1933, as
amended, (the “ U.S. Securities Act ”) or any state securities laws and may not be offered or sold within the
United States or to U.S. Persons (as defined in the U.S. Securities Act) unless registered under the U.S.
Securities Act and applicable state securities laws, or an exemption from such registration requirement is
available.
The Company reports it has closed a portion of the non -brokered private placement. A total of 1,200,000 FT
Shares at a price of $0.05 per FT Share and 500,000 Units at a price of $0.05 per Unit have been issued for
gross proceeds of C$85,000.
The common shares issued under this financing are subject to a hold period and may not be traded until April
21, 2019.
This financing is subject to receipt of TSX Venture Exchange acceptance.
On behalf of the Board of Directors:
Lawrence Roulston
President & CEO
For further information, contact:
Nancy Curry
VP Corporate Development
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 #2018-21