PJX Resources Inc. | TSX-V: PJX

TSX-V: PJX

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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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PJX Resources Announces Warrant Amendment

December 22, 2014adminNewsComments Off

Toronto, Ontario – December 22, 2014 – PJX Resources Inc. (“PJX” or “the Company”) announces it
amended the expiry date of an aggregate total of 750,000 unexercised share purchase warrants,
(collectively, the “Warrants”).
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PJX Resources Completes Private Placement And Commences Work Toward Drilling On The Vine Property

November 11, 2014adminNewsComments Off

Toronto, Ontario – November 11, 2014 – PJX Resources Inc. (“PJX” or “the Company”) announces that it has closed its previously announced (see news releases dated August 22, 2014 and October 9, 2014) Non-Brokered Private Placement (the “Offering”). The Offering was closed in two tranches with the aggregate issuance of 5,839,245 units for total proceeds of $782,281. Approval of the Offering by the TSX Venture Exchange (the TSXV”) was received on November 6, 2014.

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PJX Resources Updates Private Placement

October 9, 2014adminNewsComments Off

Toronto, Ontario – October 9, 2014 – PJX Resources Inc. (“PJX” or “the Company”) announces that it has amended its previously announced Non-Brokered private placement (the “Private Placement”) (see news release dated August 22, 2014) of from 4.8 million units, to up to 6 million units (each “Unit”). The Company has closed the first tranche of the Private Placement through the issuance of 2,840,000 Units for gross proceeds of $359,750 and will close the final tranche on or before November 5, 2014. The shares issued in the first tranche are subject to a 4 month hold period expiring on January 24, 2015.

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Gold In Soil Zones Discovered On Zinger Property

September 16, 2014adminNewsComments Off

Toronto, Ontario – September 16, 2014 – PJX Resources Inc. (“PJX” or the Company”) is pleased to announce the discovery of highly anomalous gold in soils on the Zinger Property located near Cranbrook, British Columbia. Two soil grids (West and East grids) were established approximately 900 metres apart to confirm the potential for gold mineralization in the Gold Run Lake area on the property. Highly anomalous soil results ranging up-to 743 parts per billion (“ppb”) and 4941 ppb (equivalent to 4.9 grams/tonne (“g/t”)) gold were encountered on the West and East grids, respectively.

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PJX Resources Announces Private Placement

August 22, 2014adminNewsComments Off

Toronto, Ontario – August 22, 2014 – PJX Resources Inc. (“PJX” or “the Company”) is pleased to announce a non-brokered private placement of 4.8 million units through the issuance of flow through (“Flow Through Unit”) and non-flow-through units (“Unit”) at a price of $0.15 per Flow Through Unit and $0.125 per Unit.  Each Flow Through Unit will consist of one flow through share and one non-transferable common share purchase warrant. Each Unit will consist of one common share and one non-transferable common share purchase warrant. Each warrant, whether acquired as part of a Flow Through Unit or 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.
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Vine Property Potential For Zinc-Lead-Silver Mineralization

July 17, 2014adminNewsComments Off

Toronto, Ontario – July 17, 2014 – PJX Resources Inc. (“PJX” or the Company”) is pleased to announce that preliminary drilling and additional geophysics on the Vine Property has discovered what the Company believes may be a structural feature, known as a gabbro arch and known to be associated with lead, zinc, silver sulphide mineralization. The structure may be similar in nature to those that occur at the Fors and Smoker occurrences, on the Company’s West Basin Property, and at the former Sullivan mine located 35 km to the north of the Vine and West Basin Properties.
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Additional Gravity Work Defines 2 Large Target Areas To Test On PJX’s Vine Property

May 6, 2014adminNewsComments Off

Toronto, Ontario – May 6, 2014 – PJX Resources Inc. (“PJX”) is pleased to announce that recent computer modelling of additional gravity survey data by Excel Geophysics has defined 2 large target areas on the Vine property occurring within the 2 kilometre (“km”) by 4 km positive gravity anomaly that was first identified in 2013. PJX believes that the multiple target areas have potential to host Sedimentary Exhalative (“Sedex”) massive sulphide (zinc, lead, silver) mineralization similar in style to the Sullivan deposit located 35 km to the north. The Vine property is approximately 15 km south of Cranbrook, British Columbia.
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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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