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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (23519)11/2/2016 8:07:18 PM
From: Goose94Read Replies (2) of 203020
 
PJX Resources (PJX-V) Nov 2nd 2016 is pleased to announce an update to the previously announced non-brokered private placement of Flow Through (“Flow Through Units”) and Non-flow Through Units (“Units”) at a price of $0.17 per Flow Through Unit and $0.15 per Unit for gross proceeds of up to $1,950,000 (the “Private Placement”). The Private Placement has been fully subscribed and the Company will make provision for an over-allotment option to allow the Company to increase the size of the Private Placement by up to 30% to issue a combination of Flow-Through Units and Units at a price of $0.17 per Flow Through Unit and $0.15 per Unit for gross proceeds of up to $2,550,000 (the “Increased Offering”). As disclosed in the Company's news release dated October 31, 2016, the Company has closed the first tranche of the Increased Offering. All other terms and conditions of the Private Placement previously announced by the Company in its news releases dated October 26 and 28, 2016 will remain the same in the Increased Offering.

About PJX Resources Inc.

PJX is a mineral exploration company focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold. PJX’s primary properties are located in the historical mining area of Cranbrook and Kimberley, British Columbia.

Please refer to our web site http://www.pjxresources.com for additional information.



FOR FURTHER INFORMATION PLEASE CONTACT:

Linda Brennan, Chief Financial Officer
(416) 799-9205

info@pjxresources.com
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