| Home : July 2011 : July 20, 2011 News : RX Exploration Inc. Announces Private Placement |
RX Exploration Inc. Announces Private Placement |
July 20, 2011
TORONTO, ONTARIO--(Marketwire - July 20, 2011) - RX Exploration Inc. (the "Company") (TSX VENTURE:RXE)(OTCQX:RXEXF) announced today that it completed its previously announced non-brokered private placement of 5,000,000 units at a price of $0.456 per unit for gross proceeds of $2,280,000. Each unit is comprised of one common share and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one additional common share at a price of $0.60 for a two year period beginning on the date that the units were issued.
http://www.marketwire.com/mw/release.do?id=1540568&sourceType=3
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