TerraX Increases Financing to $2.3 Million
November 19, 2018 TSX-V: TXR
Frankfurt: TX0
OTC Pink: TRXXF
News Release
TerraX Increases Financing to $2.3 Million
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISEMMINATION IN THE UNITED STATES
Vancouver, B.C. - TerraX Minerals Inc. ( TSX.V: TXR; Frankfurt: TX0; OTC Pink: TRXXF ) is pleased to
announce that, due to significant demand, the Company has increased and closed its previously announced non-
brokered private placement for $1.50 Million to $2.3 Million. The placement now consists of 5,887,500 units of the
Company (“Units”) at a price of $0.40 per Unit.
Each Unit shall consist of one common share and one transferable common share purchase warrant (a “Warrant”).
Each Warrant shall be exercisable into one addition al common share of the Company for a period of thre e years
from closing at an exercise price of $0.60. All se curities issued are subject to a statutory hold per iod in Canada
expiring on March 17, 2019.
The net proceeds of this financing are to be used to fund the Company’s general and administrative expenses and
to complete targeting for the drill program planned for early 2019. Certain directors, officers and insiders of TerraX
participated in this private placement. Finders fees in cash were paid on a portion of this placement.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the
United States. The securities have not been and wil l not be registered under the United States Securit ies Act of
1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or so ld within
the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities
laws or an exemption from such registration is available.
About the Yellowknife City Gold Project
The Yellowknife City Gold ("YCG") project encompasses 780 sq km of contiguous land immediately north, south
and east of the City of Yellowknife in the Northwes t Territories. Through a series of acquisitions, Te rraX controls
one of the six major high-grade gold camps in Canad a. Being within 10 km of the City of Yellowknife, t he YCG is
close to vital infrastructure, including all-season roads, air transportation, service providers, hydr o-electric power
and skilled tradespeople.
The YCG lies on the prolific Yellowknife greenstone belt, covering 70 km of strike length along the main mineralized
break in the Yellowknife gold district, including t he southern and northern extensions of the shear sy stem that
hosted the high-grade Con and Giant gold mines. The project area contains multiple shears that are the recognized
hosts for gold deposits in the Yellowknife gold district, with innumerable gold showings and recent high-grade drill
results that serve to indicate the project's potential as a world-class gold district.
For more information on the YCG project, please visit our web site at www.terraxminerals.com .
On behalf of the Board of Directors
"DAVID SUDA"
David Suda
President and CEO
For more information, please contact:
Samuel Vella
Manager of Corporate Communications
Phone: 604-689-1749
Toll-Free: 1-855-737-2684
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.
This news release contains forward-looking informat ion, which involves known and unknown risks, uncert ainties
and other factors that may cause actual events to d iffer materially from current expectation. Importan t factors -
including the availability of funds, the results of financing efforts, the completion of due diligence and the results
of exploration activities - that could cause actual results to differ materially from the Company's ex pectations are
disclosed in the Company's documents filed from tim e to time on SEDAR (see www.sedar.com ). Readers are
cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this
press release. The company disclaims any intention or obligation, except to the extent required by law , to update
or revise any forward-looking statements, whether as a result of new information, events or otherwise.