Mr. John Burns reports
JAXON MINING INC. CLOSES FINAL TRANCHE OF FINANCING
Jaxon Mining Inc., further to its news releases of Oct. 3, 2018,
and Sept. 21, 2018, has closed the final tranche of a private placement to raise
additional gross proceeds of $450,372 through the sale of 3,753,100 non-flow-through units priced at 12 cents.
All securities issued in the final tranche are subject to a hold period expiring March 17, 2019.
Insiders purchased $12,600 of the offering. No finders' fees were paid.
The proceeds from the offering will be used to support field operations and general working capital.
Additionally, the company is pleased to report it has been invited to participate in the Core Shack at
AME Roundup 2019. The company looks forward to showcasing the core samples from its recently
completed 2018 fall drilling program.
About Jaxon Mining Inc.
Jaxon is a precious and base metals exploration company with a regional focus on Western Canada. The
company is currently focused on advancing its Hazelton project in north-central British Columbia and
the More Creek project (consolidating the Wishbone and Foremore properties) in British Columbia's
Golden Triangle.
We seek Safe Harbor.
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