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To: Goose94 who wrote (36251)11/2/2017 12:37:52 PM
From: Goose94Read Replies (2) | Respond to of 202922
 
Corex Gold (CGE-V) Nov 2nd 2017 is pleased to announce a non-brokered private placement of up to 20,000,000 units at a price of CAD$0.10 per unit, for aggregate gross proceeds of up to CDN $2,000,000. Each Unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will be exercisable by the holder to acquire one additional common share at a price of CAD$0.20 for a period of eighteen (18) months following the closing of the financing.

The net proceeds from this private placement will be used for Corex’s Santana project and for general working capital purposes. The proposed financing is subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the Offering will be subject to a statutory four month hold period under applicable securities laws. Finders’ fees in cash or warrants may be payable in accordance with the policies of the Exchange.

About Corex Gold Corp

Corex Gold Corp is a Canadian resource company focused on achieving near-term economic gold production from its 100% owned flagship property, Santana Project, Sonora State, Mexico.

ON BEHALF OF THE BOARD

"Doug Ramshaw"
President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Doug Ramshaw,
President & CEO

Tel: 236.521.0429
Fax: 604.683-2506
E-mail: doug@corexgold.com
Website: www.corexgold.com