8 June 2015
Yellowknife, Northwest Territories - TerraX Minerals Inc. (TSX.V: TXR; OTC Pink: TRXXF; Frankfurt: TX0) has closedthe previously announced non-brokered private placement of 5,000,000 flow-through shares at $0.40 per share for gross proceeds of $2,000,000 with CMP, a Canadian investment fund. The shares are subject to a hold period expiring on October 6, 2015. A cash finder’s fee was paid on this placement along with the issuance of 300,000 finders warrants exercisable at $0.55 per share until June 5, 2018.