16 October 2014
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TXO) has now closed its recently announced non-brokered private placement of 7,927,786 units at $0.35 with the issuance of a further 1,043,286 units at $0.35 per unit for gross proceeds of $365,150. With the completion of this final closing, the aggregate gross proceeds raised in this private placement now total $2,774,725.