Mr. Eric Allard reports
TANTALEX LITHIUM RESOURCES ANNOUNCES FIRST TRANCHE CLOSING OF PRIVATE PLACEMENT
Tantalex Lithium Resources Corp.
has completed a first tranche closing of a non-brokered private placement for gross proceeds of $411,400. No compensation was paid in connection with the private placement
The corporation has issued 3.74 million common shares at a price of 11 cents per common share of the corporation.
The proceeds of the private placement will be used for general working capital purposes. All securities issued pursuant to the private placement will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities law.
About Tantalex Lithium Resources Corp.
Tantalex is an exploration- and development-stage mining company engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-technology mineral properties in Africa.
It is currently focused on developing its lithium assets in the prolific Manono area in the Democratic Republic of the Congo, the Manono lithium tailings project and the pegmatite corridor exploration program.
We seek Safe Harbor.
© 2023 Canjex Publishing Ltd. All rights reserved.