JAXON MINING INC. ("JAX") BULLETIN TYPE: Private Placement-Non-Brokered BULLETIN DATE: November 1, 2022 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on September 9, 2022:
Number of Shares: 6,900,000 shares
Purchase Price: $0.025 per share
Warrants: 6,900,000 share purchase warrants to purchase 6,900,000 shares
Warrant Exercise Price: $0.05 for a two year period
Number of Placees: 4 placees
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: N/A N/A Aggregate Pro Group Involvement: N/A N/A
Aggregate Cash Amount Aggregate # of Shares Aggregate # of Warrants Finder's Fee: N/A N/A N/A
The Company issued a news release on October 31, 2022 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. ________________________________________
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