Vancouver, British Columbia--(Newsfile Corp. - July 26, 2024) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M00) ('BMEX' or the 'Company') announces that it has terminated its non-brokered private placement financing
Vancouver, British Columbia-- - BMEX Gold Inc. announces that it has terminated its non-brokered private placement financing which was previously announced on June 10, 2024, and will be proceeding with a new offering under the listed issuer financing exemption whereby the securities of the Company issued pursuant to the Offering will be freely tradeable equity securities not subject to a hold period .
Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions , the Offering is being made to purchasers resident in each of the Provinces of Canada, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 . The securities offered under the Exemption will not be subject to a hold period in accordance with applicable Canadian securities laws.
The gross proceeds from the sale of the FT Units will be used to further explore and evaluate the Company's Dunlop Bay project located in Quebec, Canada and proceeds from the sale of the NFT Units will be used for general and administrative expenses for the Company for the next 12 months.
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