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Enter Symbol
or Name
USA
CA



Goldex Resources Corp (3)
Symbol GDX
Shares Issued 19,603,539
Close 2023-10-06 C$ 0.075
Market Cap C$ 1,470,265
Recent Sedar Documents

Goldex arranges $195K offering, to issue units for debt

2023-10-06 20:22 ET - News Release

Subject: News Release Word Document File: '\\swfile\EmailIn\20231006 171549 Attachment Gdx2023-10-06-news-pp+ds-initial.docx' Goldex Resources Corporation tsx-v.gdx NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES NON-BROKERED PRIVATE PLACEMENT AND DEBT SETTLEMENT October 6, 2023, VANCOUVER, BC - Goldex Resources Corporation (TSX VENTURE: GDX) ("Goldex" or the "Company") announces that it has arranged, subject to regulatory approval, a non-brokered private placement (the "Offering") of up to 3,250,000 Units (the "Units") at a price of $0.06 per Unit for gross proceeds of up to $195,000. Each Unit will consist of one common share of the Company (a "Share") and one transferable common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Share at a price of $0.10 for a period expiring five years from the date of issuance. The Company is relying upon the exemptions under MI 61-101 section 5.5(a) and 5.7(1)(b) for insider participation; an insider will acquire 2,125,000 of the Units. Additionally, the Company announces that it has entered into an agreement to satisfy outstanding indebtedness of $614,951 by the issuance of 10,249,182 units at a price of $0.06 per unit ("Debt Settlement"). Each unit is comprised of one common share of the Company and one transferable common share purchase warrant entitling the holder thereof to purchase one additional common share of the Company at a price of $0.10 for a period expiring five years from the date of issuance. The indebtedness consists of outstanding loans. Closing of the Offering and Debt Settlement is subject to the receipt of all necessary corporate and regulatory approvals, including the TSX Venture Exchange. Proceeds from the Offering will be used by the Company for general working capital. All securities issued in connection with the Offering and Debt Settlement will be subject to a statutory hold period of four months plus one day from the date of completion of the Offering, in accordance with the applicable securities legislation. GOLDEX RESOURCES CORPORATION Charles Ross, Director GOLDEX RESOURCES CORPORATION Suite 610 - 700 W. Pender Street Vancouver, BC, Canada V6C 1G8 Tel: 604.669-4300 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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