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Gold X Mining Corp. GLDXF

Gold X Mining Corp. is a Canadian junior mining company developing the Toroparu Gold Project in Guyana, South America. Gold X has spent more than US$150 million on the Project to date to classify 7.35 million ounces of Measured and Indicated and 3.15 M-oz of Inferred Gold Resources, develop engineering studies for use in a feasibility study, and define a number of exploration targets around Toroparu on its 53,844 hectare (538 km2) 100% owned Upper Puruni Concession.


OTCQX:GLDXF - Post by User

Post by likeikeon Sep 14, 2020 10:50am
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Post# 31552452

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VANCOUVER, British Columbia, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Gold X Mining Corp. (TSX.V: GLDX, OTCQX: GLDXF) (“Gold X” or the “Company”) reports that, further to its Press Release of September 8, 2020, all of the remaining 710,832 warrants with an exercise price of $2.40 which expired September 11, 2020 and all of the remaining 639,473 warrants with an exercise price of $1.30 set to expire on September 24, 2020 have been exercised. Proceeds from both exercises were $2,537,312.  The Company currently has 52,734,877 million common shares issued and outstanding and 77,053,153 on a fully diluted basis.

Following the exercise of these warrants, the Company has $13.2 million to fund its activities.

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