Pershimex Announces $200,000 Private Placement, The Canadian Business Journal

VAL-D’OR, QUEBEC, November 1, 2022 (GLOBE NEWSWIRE) — Persimex Resources Corporation (“Pershimex” or “Corporation”) (TSX VENTURE: PRO) for 5,714,286 Flow-Through Units of the Corporation (each “FT Unit”) at a price of $0.035 per FT Unit.

Each FT Unit consists of one share of common stock issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each an “FT Share”) and a warrant to purchase half of the common stock (each an “FT Share”). will be “warrant”). Each whole warrant entitles the holder to purchase one share of common stock at a price of $0.06 within 24 months after the completion of the private placement.

A cash fee equal to 7% of the total proceeds from the private placement will be paid to the arm’s length broker upon closing.

Proceeds from the sale of FT shares will be used to cover Canadian exploration costs at the company’s mining facilities.

Private placements are subject to TSX Venture Exchange approval. FT Shares, Warrants and Ordinary Shares issued upon exercise of the Warrants will have a holding period that expires four months after the closing date of the Private Placement.

For more information, please contact:

Robert Gagnon, President
Phone: (819) 825-2301
Mobile: (819) 860-2621

Neither the TSX Venture Exchange nor its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) are responsible for the adequacy or accuracy of the information contained in this press release.

CBJ Newsmaker