TerraX Begins Drilling on Yellowknife City Gold Project
Marketwire - Tue Mar 25, 9:14AM CDT
TerraX Minerals Inc. (TSX VENTURE: TXR)(FRANKFURT: TXO) has commenced drilling on its wholly-owned Yellowknife City Gold Project ("YCGP") in the Northwest Territories.
TerraX to Acquire UBreccia Property Adjacent to Northbelt, NWT; UBreccia Contains Extensions of Northbelt Mineralized Shears
Marketwire - Wed Mar 12, 7:03AM CDT
TerraX Minerals Inc. (TSX VENTURE: TXR)(FRANKFURT: TX0) has entered into a purchase agreement for the UBreccia property, which is contiguous with and immediately west-southwest of its Northbelt property in the Yellowknife City Gold Project, Northwest Territories, Canada. The Ubreccia property consists of three claims totaling 1,394 hectares; it is being purchased from Panarc Resources Ltd for 75,000 common shares, subject to acceptance for filing by the TSX Venture Exchange. Panarc will retain a 1% NSR, of which 0.5% can be purchased by TerraX at any time for $1,000,000. A property location map is available on the TerraX website at www.terraxminerals.com.
TerraX Receives Drill Permit Approval from MVLWB for Yellowknife City Gold Project
Marketwire - Mon Mar 10, 3:08PM CDT
TerraX Minerals Inc. (TSX VENTURE: TXR)(FRANKFURT: TXO) has been issued a Land Use Permit (No. MV2014C005) from the McKenzie Valley Land and Water Board ("MVLWB") to conduct advanced exploration and drilling programs on its Yellowknife City Gold Project ("YCGP"). The permit has conditions applying to work activities typical for advanced exploration, and contains a condition for a security deposit of $70,000 to be deposited with the minister of Aboriginal Affairs and Northern Development Canada. The permit is for a term of five years with the option of a two year extension. The term and area of the permit will allow TerraX to efficiently explore the YCGP in the years ahead.
IIROC Trade Halt - TerraX Minerals Inc.
Newsfile Corp - Mon Mar 10, 8:35AM CDT
The following issues have been halted by IIROC:
Alberta Star Completes $585,000 Private Placement with TerraX; TerraX and Alberta Star Receive Approval of Option of Central Canada Gold Project
Marketwire - Mon Mar 03, 8:04AM CST
TerraX Minerals Inc. (TSX VENTURE: TXR)(FRANKFURT: TX0) and Alberta Star Development Corp. (TSX VENTURE: ASX)(OTCBB: ASXSF)(FRANKFURT: QLD) have completed the previously announced private placement whereby Alberta Star has acquired 1,300,000 units of TerraX at $0.45 per Unit for gross proceeds of $585,000 (the "Private Placement"). Each Unit consists of one common share and one-half of one share purchase warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.57 per share until February 28, 2016. No finder's fees were paid in connection with this placement. All securities issued in connection with the placement are subject to a hold period expiring on July 1, 2014.
TerraX Options Central Canada Gold Project to Alberta Star Development Corp.; Alberta Star to Subscribe for Private Placement for $585,000
Marketwire - Fri Feb 14, 2:36PM CST
TerraX Minerals Inc. (TSX VENTURE: TXR)(FRANKFURT: TX0) and Alberta Star Development Corp. (TSX VENTURE: ASX)(OTCBB: ASXSF)(FRANKFURT: QLD) are pleased to announce that they have entered into an indicative term sheet pursuant to which Alberta Star can earn up to a 60% in TerraX's wholly-owned Central Canada gold project (the "Central Canada Property") in Ontario (the "Option") and will subscribe for 1,300,000 units of TerraX "Units") at $0.45 per Unit for gross proceeds of $585,000 (the "Private Placement"). Each Unit will consist of one common share and one-half of one share purchase warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.57 per common share for a period of two years from the date of closing. No finder's fees are payable in connection with the Private Placement.
TerraX Closes Private Placement for $675,000
Marketwire - Wed Feb 12, 2:10PM CST
TerraX Minerals Inc. (TSX VENTURE: TXR)(FRANKFURT: TX0) has closed its previously announced non-brokered private placement of 1,500,000 units at $0.45 per unit, with two placees, for gross proceeds of $675,000. Each unit consists of one common share and one-half of one share purchase warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.51 per share until February 12, 2016. The shares and any shares acquired on the exercise of warrants will be subject to a hold period expiring on June 13, 2014. Finders' fees of $31,500 were paid with respect to this placement along with the issuance of 70,000 finders' warrants exercisable at $0.51 until February 12, 2016.
TerraX Agrees to $675,000 Private Placement with Two Placees
Marketwire - Fri Feb 07, 3:01PM CST
TerraX Minerals Inc. (TSX VENTURE: TXR)(FRANKFURT: TX0) has agreed to a non-brokered private placement with two placees for 1,500,000 units at $0.45 per unit for gross proceeds of $675,000. Each unit will consist of one common share and one-half of one share purchase warrant, with each full warrant entitling the holder to purchase an additional common share at an exercise price of $0.51 per share for a period of two years from the date of closing. Finders' fees will be payable on a portion of this placement. Closing is scheduled for early next week, subject to acceptance for filing by the TSX Venture Exchange.