03:19 PM EST - Margaux Resources Ltd. : Has closed the first tranche of its previously announced non-brokered private placement by issuing 2,005,000 units, 2,320,000 common shares issued on a "CEE flow-through" basis pursuant to the Income Tax Act (Canada), and 909,091 common shares issued on a "CDE flow-through" basis pursuant to the Income Tax Act (Canada) for aggregate gross proceeds of $1,181,000. Each Unit will consist of one Common Share and one Common Share purchase warrant. Each whole Warrant will expire 24 months from the closing date of the Offering, and will entitle the holder to acquire one Common Share at a price of $0.30 per Common Share. Margaux Resources Ltd.
shares V.MRL are trading unchanged at $0.24.
