Euromax completes $1.43M private placement

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By CPE News

Vancouver (pcJ News Briefs) – Euromax Resources Ltd. (TSX: EOX; OTCQX: EOXFF) has completed previously announced non-brokered private placement of 3,325,582 common shares at a price of $0.43 per share to a consortium of investors for net proceeds of $1.43 million.

Euromax Resources also issued 166,279 shares to a third party finder as a commission related to the private placement.

Euromax Resources Ltd. is focused on building and operating the Ilovica-Shtuka copper/gold project in Macedonia, as well profitably deploying the wealth of exploration experience within our Bulgarian Exploration Services subsidiary.