Mr. Eric Allard reports
TANTALEX LITHIUM RESOURCES CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT
Tantalex Lithium Resources Corp. has completed the final tranche closing of its non-brokered private placement by way of issuance of 3,537,182 common shares at a price of 11 cents per common share for gross proceeds of $389,090.02.
The corporation closed a first tranche on July 12, 2023, and a second tranche on July 21, 2023.
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 Lithium is an exploration-and-development-stage mining company engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech 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.
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