4 July 2016
July 4, 2016
Vancouver, B.C. – TerraX Minerals Inc. (TSX-V: TXR; Frankfurt: TX0; OTC Pink: TRXXF) has agreed to a non-brokered private placement of 17,500,000 flow-through shares at $0.40 per share for gross proceeds of $7,000,000, subject to acceptance for filing by the TSX Venture Exchange. There will be no warrants issued to the placees in conjunction with this placement.