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To: Goose94 who wrote (17313)4/15/2016 6:38:38 PM
From: Goose94Respond to of 203945
 
AZX-V new 52 week high, 6 cents



To: Goose94 who wrote (17313)6/22/2016 12:15:16 PM
From: Goose94Read Replies (1) | Respond to of 203945
 
Alexandria Minerals (AZX-V) Increases PP to $5.1 Million, Announces Investment from Agnico Eagle Mines (AEM-T), and Closes Second Tranche of $3.1 Million

June 22, '16 - NR

Alexandria Minerals is pleased to announce that it has increased the size of its previously announced private placement from $4,000,000 to $5,115,258 due to investor demand. Please refer to the Company's news releases of May 30, 2016 and June 13, 2016. The Company also announces that it has closed a second tranche of the Private Placement for gross proceeds of $3,121,074.

"We are grateful for the confidence shown in Alexandria Minerals as demonstrated by the oversubscription of this private placement," stated Eric Owens, President and CEO of Alexandria Minerals. "And we are delighted that Agnico Eagle is maintaining its interest in Alexandria by participating in this financing."

The second tranche of the Private Placement consists of 29,862,750 Quebec flow-through units ("Quebec FT Units") at a price of $0.07 per unit, for $2,090,392.50 and 17,178,025 non-flow-through units ("Units") at a price of $0.06 per unit, for $1,030,681.50.

Each Quebec FT Unit is comprised of one flow-through common share and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Unit is comprised of one non-flow-through common share and one-half of one Warrant. Each whole Warrant will entitle the holder, on exercise, to acquire one common share at an exercise price of $0.10 for a period of three years. All securities issued under the Private Placement will be subject to a four-month hold period in accordance with applicable securities laws.

In addition, finder's fees were paid to Medalist Capital Ltd. and Canaccord Genuity Corp. in amounts of up to 6% of the gross proceeds of the Private Placement and 6% finder's warrants, with each such warrant exercisable to acquire one common share at a price of $0.06 for 3 years. The Private Placement remains subject to the final approval of the TSX Venture Exchange.

The proceeds from these transactions will be used for exploration on the company's Airport property and general corporate purposes.

Further information about the Company is available on the Company's website, www.azx.ca, or our social media sites listed below:

Facebook: https://www.facebook.com/AlexandriaMinerals

YouTube: http://www.youtube.com/AlexandriaMinerals

Flickr: http://www.flickr.com/alexandriaminerals/

About Alexandria Minerals Corporation

Alexandria Minerals Corporation is a Toronto-based junior gold exploration and development company with strategic properties located in the world-class mining districts of Val d'Or, Quebec, Red Lake, Ontario and Snow Lake-Flin Flon, Manitoba. Alexandria's focus is on its flagship property, the large Cadillac Break Property package in Val d'Or, which hosts important, near-surface, gold resources along the prolific, gold-producing Cadillac Break, all of which have significant growth potential.

Mary Vorvis
Vice President, Corporate Development and Investor Relations
(416) 305-4999

Eric Owens
President/CEO
416-363-9372
info@azx.ca
www.azx.ca