10:07:01 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Callinex Mines Inc
Symbol CNX
Shares Issued 42,114,054
Close 2016-05-04 C$ 0.445
Market Cap C$ 18,740,754
Recent Sedar Documents

Callinex Mines increases financing to $4.2-million

2016-05-04 18:51 ET - News Release

Mr. Max Porterfield reports

CALLINEX INCREASES PRIVATE PLACEMENT TO $4.2 MILLION

Callinex Mines Inc. has increased its previously announced non-brokered private placement financing (see news release dated April 25, 2016) to $4.2-million.

The offering will now consist of up to seven million flow-through shares at a price of 30 cents per share for gross proceeds of $2.1-million and up to seven million non-flow-through units at a price of 30 cents per unit for gross proceeds of $2.1-million. The units will continue to be on the same terms as set out in the news release dated April 25, 2016.

The proceeds from the offering will be used to facilitate exploration and for general corporate purposes. Callinex may pay a finder's fee equal to 7 per cent of gross proceeds.

We seek Safe Harbor.

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