22:26:16 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



ALX Resources Corp
Symbol AL
Shares Issued 247,726,814
Close 2023-12-29 C$ 0.03
Market Cap C$ 7,431,804
Recent Sedar Documents

ALX Resources 14,086,144-share private placement

2024-01-02 19:20 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 17, 2023.

Number of shares:  14,086,144 flow-through shares

Purchase price:  3.5 cents per share

Warrants:  14,086,144 share purchase warrants to purchase 14,086,144 shares

Warrant exercise price:  five cents for a two-year period

Number of placees:  11 placees

Total existing insider involvement:  328,143 (one insider)

Finder's fee:  $25,411.50 cash and 726,043 warrants

Finder's warrant terms:  Each warrant entitles the holder to purchase one common share at the price of five cents for a period of two years from the date of issuance.

The company issued news releases on Nov. 10, 2023, Nov. 30, 2023, and Dec. 29, 2023, confirming the closing of the private placement. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

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