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Vancouver, British
ALX Resources Corp. Announces Private Placement Financing
Vancouver, British Columbia (Newsfile Corp. - June 1, 2021) -
ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ( ALX or the Company ) announced today a non-brokered private placement of flow-through units (the
FT Units ) and non-flow-through units (the
NFT Units ) for gross proceeds of up to $800,000 (the
Offering ). The Offering will be available to accredited investors and to existing shareholders of the Company resident in Canada.
Up to 4,000,000 FT Units will be offered at a price of $0.10 per FT Unit consisting of one flow-through common share and one non flow-through common share purchase warrant, and up to 5,000,000 NFT Units will be offered at a price of $0.08 per NFT Unit consisting of one common share and one common share purchase warrant. One common share purchase warrant from the FT Units will entitle the holder to purchase one non flow-through common share of the Company at a price of $0.15
Vancouver, British Columbia (Newsfile Corp. - May 26, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the results of the 2021 drilling
Vancouver, British Columbia (Newsfile Corp. - May 12, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to provide an exploration update for its Saskatchewan
ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF)
( ALX or the Company ) is pleased to announce that its exploration partner, Rio Tinto Exploration Canada Inc. ( Rio Tinto ), has confirmed details of the 2021 exploration program and budget for the Firebird Nickel Project ( Firebird , or the Project ), located near the town of Stony Rapids in northern Saskatchewan, Canada.
Firebird is currently the subject of an option agreement whereby Rio Tinto can earn up to an 80% interest in the Project by incurring exploration expenditures of $12.0 million over a six-year period and by making a total of $125,000 in cash payments to the Company (see ALX news release dated August 24, 2020, ALX Resources Corp. Announces Rio Tinto Exploration Canada Earn-In for the Falcon Nickel Project ).