TerraX Minerals closes bought deal financing

April 12, 2018

On April 12, 2018, TerraX Minerals Inc. (TSXV: TXR) (Frankfurt: TX0) (OTC Pink: TRXXF) announced the successful closing of the previously announced bought deal offering of units and flow-through units for aggregate gross proceeds of approximately $4 million, including proceeds from the overallotment option which was exercised in full. The financing was led by PI Financial Corp.

TerraX Minerals is a junior gold exploration company which has assembled a highly prospective district scale land position near Yellowknife in the Northwest Territories.

Miller Thomson advised TerraX in this transaction with a team that included Kevin Sorochan, Greg Smith and Ken Chow.