By Laura Lutz
Des Moines, Nov. 1 - Fieldex Exploration Inc. plans to conduct a private placement for up to C$1.68 million.
The company intends to sell up to 4 million flow-through common shares to accredited investors in Ontario, Alberta and British Columbia for C$0.42 per share.
PowerOne Capital Markets Ltd. has agreed to act as agent for the deal.
Proceeds will be used for the company's exploration program in Quebec.
Fieldex is a mineral exploration company based in Rouyn-Noranda, Quebec.
| Issuer: | Fieldex Exploration Inc.
|
| Issue: | Flow-through shares
|
| Amount: | C$1.68 million
|
| Shares: | 4 million
|
| Price: | C$0.42
|
| Warrants: | No
|
| Agent: | PowerOne Capital Markets Ltd.
|
| Pricing date: | Nov. 1
|
| Stock symbol: | TSX Venture: FLX
|
| Stock price: | C$0.36 at close Nov. 1
|
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