ALX Resources Corp. Closes Second Tranche of Private Placement

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ALX Resources Corp. ( TSXV: AL ) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the closing today of the second tranche of its previously announced non-brokered private placement (see ALX news release dated October 24, 2022) consisting of 6,125,000 non flow-through units (the "NFT Units") of the Company for gross proceeds of $245,000 (the "Second Tranche").

The NFT Units were sold at a price of $0.04 per NFT Unit consisting of one common share and one-half of one common share purchase warrant. One whole common share purchase warrant from the NFT Units entitles the holder to purchase one common share of the Company at a price of $0.075 for a period expiring 36 months following closing of […]

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