Mr. Eric Allard reports
TANTALEX RESOURCES CORPORATION CLOSES PRIVATE PLACEMENT OF $500,000
Tantalex Resources Corp. has closed a non-brokered private placement for gross proceeds of $500,000. The offering consists of units, and each unit comprises: (i) one common share in the capital of the corporation at a price of 10 cents; and (ii) one-half transferable common share purchase warrant. Each whole warrant shall entitle the holder thereof to acquire one additional share in the capital of the corporation at a price of 15 cents until the date that is 12 months from the closing date, being Jan. 30, 2022.
The gross proceeds from the offering will be used by the company for general working capital purposes.
All securities issued pursuant to the offering will be legended with a hold period of four months and one day from the date of issuance.
About Tantalex Resources Corp.
Tantalex is a mining company engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa.
We seek Safe Harbor.
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