11:01:01 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Jaxon Mining Inc
Symbol JAX
Shares Issued 88,192,584
Close 2018-11-16 C$ 0.085
Market Cap C$ 7,496,370
Recent Sedar Documents

Jaxon Mining closes $450,372 final tranche of financing

2018-11-16 18:10 ET - News Release

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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