Auramex Increases Flow-Through Financing & Announces $200,000 Private Placement
FOR IMMEDIATE RELEASE TSX V Symbol: AUX September 27th, 2018
AURAMEX INCREASES FLOW-THROUGH FINANCING & ANNOUNCES $200,000
PRIVATE PLACEMENT
Vancouver, British Columbia – Auramex Resource Corp . (the “Company” or “Auramex”) (TSX.V:
AUX) announces due to increased demand the Company will increase the non-brokered private flow -
through financing announced August 17 th, 2018 to CDN$450,000 through the sale of up to 9,000,000
flow-through common shares at a price of $0.05 per flow -through share. The Company has announced a
first tranche closing of the financing on August 24 th that consisted of a tot al of 2,337,000 flow -through
shares being issued for gross proceeds to the Company of $116,850.
In addition to increasing the flow -through financing the Company announces a non- brokered private
placement to raise gross proceeds of up to CDN$200,000 thro ugh the sale of up to 4,000,000 Units (the
“Offering) at a price of $0.05 per Unit. Each unit consist of one common share of the Company (a
“Share”) and one-half of one common share purchase warrant. Each whole warrant (a “Warrant”) shall
entitle the holder to purchase one common share at an exercise price of $0.10 for 12 months following the
Closing Date.
All the securities issued pursuant to this private placement will be subject to a four -month hold
period. Completion of the Offering is subject to receipt of all required regulatory and other approvals,
including acceptance by the TSX Venture Exchange. The Offering is not subject to any minimum
aggregate subscription . The proceeds will be used for further exploration of the Company’s mineral
properties in the Stewart area of British Columbia.
About Auramex
Auramex is exploring a large and highly prospective property portfolio at the south end of the Golden
Triangle in British Columbia, with properties north, east and south of Stewart, a deep-water port.
The Golden Triangle is beginning to be recognized as one of the most highly mineralized geological
settings with excellent exploration potential for future discoveries.
The Golden Triangle region has matured dramatically over the past couple of years, with two mines now
in production, road access greatly improved, and a quantum leap in terms of geological understanding of
the processes that created some of the largest, and highest-grade metal deposits on the planet.
On behalf of the Board of Directors:
Lawrence Roulston
President & CEO
(604) 914-2142
For further information, contact:
Nancy Curry
20th Floor, 250 Howe Street
Vancouver, BC V6C 3R8
Canada
Tel: 604-914-2142
VP Corporate Development
(604) 220-2971
www.auramex.com.
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the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.