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Gold/Mining/Energy : VAX - Vantex Resources Ltd. - Company Website http://www.van

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To: Natedog who wrote (38)1/11/2011 8:50:33 PM
From: Rocket Red  Read Replies (1) of 92
 
Vantex 3,625,000-share private placement

2011-01-11 20:40 ET - Private Placement
Shares issued 37,971,385
VAX Close 2011-01-07 C$ 0.55

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement for Vantex Resources Ltd. announced Dec. 13, 2010:

Number of shares: 3,625,000 common shares

Purchase price: 20 cents per common share

Warrants: 1,812,500 warrants to purchase 1,812,500 common shares

Warrant exercise price: 25 cents per share for a 12-month period following the closing of the private placement

Hidden placees: 25

Agent's fees: Jones Gable & Company Ltd. received a cash commission of $72,500.

The company has confirmed the closing of the above-mentioned private placement by way of press release dated Dec. 30, 2010.
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