ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) has announced a 30-day extension to its flow-through private placement aiming for gross proceeds of $500,000. This Offering, first announced on October 17, 2023, has already amassed $453,000 from previous tranches. The Company might request the TSX Venture Exchange to increase the Offering size.
Details of the Flow-Through Private Placement
Each FT Unit in the Offering consists of one flow-through common share and a warrant to purchase one non flow-through common share at a set price, with proceeds going towards the Company’s exploration programs in Canadian provinces.
About ALX Resources Corp.
ALX, headquartered in Vancouver, pursues a discovery-driven strategy focusing on uranium, lithium, and other minerals across over 220,000 hectares in Canada. Current projects include the Hydra Lithium Project and holdings in uranium and nickel-copper-cobalt sectors.
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