Mr. Peeyush Varshney reports

ZINCX RESOURCES CLOSES PRIVATE PLACEMENT WITH ROSS BEATY

Zincx Resources Corp. has closed its non-brokered private placement of 10 million common shares of the company at a price of 10 cents per share to raise gross proceeds of $1-million.

Peeyush Varshney, chief executive officer of Zincx, commented, "We are pleased to welcome well-known mining entrepreneur Ross Beaty as a new significant shareholder of the company."

The company intends to use the proceeds from the private placement to continue to advance the company's Akie and Kechika regional projects in British Columbia and for working capital purposes.

All securities issued will be subject to a four-month hold period expiring on Nov. 7, 2023.

The private placement remains subject to the final approval of the TSX Venture Exchange.