Mr.
Jagdip Bal reports
LEXSTON MINING CORPORATION ANNOUNCES PRIVATE PLACEMENT
Lexston Mining Corp. has arranged a non-brokered private placement to raise gross proceeds of up to
$500,000
through the issuance of up to 6.25 million units at a price of eight cents per unit. Each unit will consist of one common share and one common share purchase warrant. Each common share purchase warrant will entitle the holder to purchase one common share at a price of 10 cents for five years from the date of issuance.
The company plans to use the proceeds of the private placement for general working capital purposes and exploration expenditures. Certain directors and officers of the company may participate in the private placement.
The securities to be issued in connection with the private placement are subject to the filing requirements with and acceptance by the Canadian Securities Exchange. All securities will be subject to a four-month statutory hold period after closing.
About Lexston Mining Corp.
Lexston Mining is a Canadian mineral exploration company focused on acquiring and developing mineral projects with the aim of enhancing value for all stakeholders. The company currently has mineral exploration projects located in British Columbia and Nevada.
Lexston trades on the OTCQB Venture Market, which serves early-stage and developing U.S. and international companies. Companies on this market are current in their reporting and undergo annual verification and management certification processes. Investors can access real-time quotes and market information for Lexston on the OTC Markets website.
We seek Safe Harbor.
© 2025 Canjex Publishing Ltd. All rights reserved.