PJX Resources Inc. | TSX-V: PJX

TSX-V: PJX

Building Resource Opportunity

Private Placement And Exploration Update

August 25, 2016adminFeatured, News, UncategorizedComments Off

Toronto, Ontario – August 25, 2016 – PJX Resources Inc. (“PJX” or “the Company”) is pleased to announce that it has modified and completed a Non-Brokered Private Placement (the “Offering”). The Company’s recently announced private placement offering of up to four million units (see July 12, 2016 press release) was oversubscribed and increased to 6,879,951 Units with gross proceeds of $1,080,215.

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PJX Provides An Exploration Update And Announces A Non-brokered Private Placement

July 12, 2016adminNewsComments Off

Toronto, Ontario – July 12, 2016 – PJX Resources Inc. (“PJX” or “the Company”) believes that the Cranbrook area of British Columbia has the potential to host multiple gold and base metal deposits. PJX has worked to capitalize on this potential by consolidating a large land package (60,000 ha), compiling over an estimated $15 million worth of historical data and then infilling data gaps with new exploration technology and techniques to better identify new target areas. The following update provides a sample of the gold and base metal mineral potential of our properties.

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PJX Resources Grants Option Of The DD Property

May 16, 2016adminNewsComments Off

Toronto, Ontario – May 16, 2016 – PJX Resources Inc. (“PJX”) is pleased to announce that it has entered into an option agreement (the “Agreement”) with Teck Resources Limited (“Teck”) whereby Teck has been granted an option to acquire up to a 75% interest in the DD zinc-lead-silver Property which is located in the Cranbrook area of British Columbia.

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PJX Resources Completes Private Placement

October 28, 2015adminNewsComments Off

Toronto, Ontario – October 28, 2015 – PJX Resources Inc. (“PJX” or “the Company”) announces that it has completed a Non-Brokered Private Placement (the “Offering”) for total proceeds of $652,500.

The Company undertook an Offering of an aggregate of 3,262,500 units consisting of 1,575,000 flow through units (“Flow Through Unit”) and 1,687,500 non-flow through units (“Unit”). Each Flow Through Unit was issued at a price of $0.20 per flow through unit and consists of one common share and one common share purchase warrant. Each Unit was issued at a price of $0.20 per Unit and consists of one common share and one non-transferable common share purchase warrant. Each warrant, regardless of whether issued as part of a Flow Through Unit or a Unit, will entitle the holder to purchase one common share at an exercise price of $0.25 for 24 months following completion of the Offering. The private placement, and any modifications to it, are subject to compliance with applicable securities laws and to receipt of the approval of the TSX Venture Exchange (“TSXV”). All securities issued under the Offering are subject to a statutory four-month hold period ending February 27, 2016.

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Exploration Update And Private Placement

October 15, 2015adminNewsComments Off

Toronto, Ontario – October 15, 2015 – PJX Resources Inc. (“PJX” or “the Company”) believes that the latest drill results support the potential for a Sedex (sedimentary exhalative) type of deposit on its Vine Property. Two large gravity anomalies (East and West) used to help identify massive sulphide mineralization are the focus of exploration.

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Strategic Property Option in Advance of Drilling on the Vine Property

July 27, 2015adminNewsComments Off

Toronto, Ontario – July 27, 2015 – Exploration on PJX Resources Inc.’s (the” Company”) Vine Property has identified massive sulphide mineralization and geology that support the potential for a Sedex (sedimentary exhalative) zinc-lead-silver type of deposit. This work has provided new insight on geological controls that could influence a deposit’s location and orientation. The new information also supports the potential for the Company’s West Basin Property to host a Sedex type of deposit. In addition, in advance of the next phase of drilling on the Vine Property, the Company has used this information to strategically assess and acquire other locations in the region with potential to host a Sedex deposit.
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Mineralization Discovered On Vine Property Supports Potential For Sedex Type Of Deposit

June 24, 2015adminNewsComments Off

Toronto, Ontario – June 24, 2015 – PJX Resources is pleased to announce that the most recent drilling on the Vine Property has encountered mineralization that supports the potential for a Sedex (sedimentary exhalative) type of deposit. Two gravity targets (West and East) have been explored and drilled during this latest phase of work.
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PJX Resources Modifies and Completes Private Placement

April 8, 2015adminFeatured, NewsComments Off

Toronto, Ontario – April 8, 2015 – PJX Resources Inc. (“PJX” or “the Company”) announces that it has modified and completed a Non-Brokered Private Placement (the “Offering”) for total proceeds of $1,273,000.

The Company has modified and completed an Offering of an aggregate of 6,365,000 units consisting of 3,605,000 flow through units (“Flow Through Unit”) and 2,760,000 non-flow through units (“Unit”). On April 1, 2015 the Company had initially announced that the Offering consisted of 2,855,000 Flow Through Units and 3,510,000 Units.

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PJX Resources Completes Private Placement

April 1, 2015adminFeatured, NewsComments Off

Toronto, Ontario – April 1, 2015 – PJX Resources Inc. (“PJX” or “the Company”) announces that it has completed a Non-Brokered Private Placement (the “Offering”) for total proceeds of $1,273,000.

The Company undertook an Offering of an aggregate of 6,365,000 units consisting of 2,855,000 flow through units (“Flow Through Unit”) and 3,510,000 non-flow through units (“Unit”). Each Flow Through Unit was issued at a price of $0.20 per flow through unit and consists of one common share and one half of one non-transferable common share purchase warrant. Each Unit was issued at a price of $0.20 per Unit and consists of one common share and one non-transferable common share purchase warrant. Each warrant, regardless of whether issued as part of a Flow Through Unit or a Unit, will entitle the holder to purchase one common share at an exercise price of $0.20 for 24 months following completion of the Offering. The private placement, and any modifications to it, are subject to compliance with applicable securities laws and to receipt of the approval of the TSX Venture Exchange (“TSXV”). All securities issued under the Offering are subject to a statutory four- month hold period.

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Drilling Discovers Favourable Geological Environment To Host A Sedex Type Deposit On The Vine Property

March 19, 2015adminFeatured, NewsComments Off

Toronto, Ontario – March 19, 2015 – PJX Resources Inc. (the “Company” or “PJX”) is pleased to announce the results of the Company’s most recent drill program. Drill hole VA15-02 has intersected Proterozoic age Lower Aldridge sediments that contain anomalous sphalerite (zinc sulphide) and pyrrhotite (iron sulphide) mineralization along fractures and disseminated within sedimentary beds that are locally altered by sericite, chlorite, albite, silica and occasional garnets.

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Contact Us
Phone: 416.799.9205
Fax: 416.644.8801
Email: info@pjxresources.com
Office
5600 – 100 King Street West
Toronto, Ontario, M5X 1C9
Canada
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