Brief: Callinex Announces Flow-Through Financing To Advance Its Exploration Portfolio

Visionary Copper and Gold Mines

10/09/2019 14:00

Sept 10 (Reuters) - Callinex Mines Inc  CNX.V :
    * CALLINEX ANNOUNCES FLOW-THROUGH FINANCING TO ADVANCE ITS
EXPLORATION PORTFOLIO
    * CALLINEX MINES INC - INTENDS TO COMPLETE A NON-BROKERED
PRIVATE
PLACEMENT OF UP TO 2 MILLION UNITS AT A PRICE OF $0.50 PER UNIT
    * CALLINEX MINES INC - EACH UNIT WILL CONSIST OF ONE
FLOW-THROUGH
COMMON SHARE AND ONE-HALF OF ONE NON-FLOW-THROUGH SHARE PURCHASE
WARRANT
    * CALLINEX MINES - PROCEEDS OF OFFERING WILL BE USED TO
CONDUCT
EXPLORATION ACTIVITIES ON EXPLORATION PORTFOLIO IN FLIN FLON &
BATHURST MINING DISTRICTS
    * CALLINEX MINES INC - HAS GRANTED A TOTAL OF 565,000 STOCK
OPTIONS TO ITS DIRECTORS, OFFICERS, EMPLOYEES AND CONSULTANTS
    * CALLINEX MINES - STOCK OPTIONS GRANTED HAVE A FIVE YEAR
TERM,
ARE EXERCISABLE AT $0.50 PER SHARE

Source text for Eikon:  ID:nCNWGHt6Ca 
Further company coverage:  CNX.V 

 ((Reuters.Briefs@thomsonreuters.com;))