Amex Exploration Inc. Completes $8.0 Million Offering

On November 7, 2019, Amex Exploration Inc. (“Amex”) announced the completion of a $8,000,100 offering led by PI Financial Corp. (“PI Financial”) and Generic Capital Corporation (“Generic”). Pursuant to the offering, a total of 4,444,500 flow-through units were issued at a price of $1.80 per unit. Each unit consisted of one common share issued on a flow-through basis and one half of one common share purchase warrant issued on a non-flow-through basis. The gross proceeds from the sale of the flow-through units will be used for general exploration expenditures on Amex’s properties located in Quebec. Fasken advised PI Financial and Generic, on behalf of a syndicate of underwriters, with a team including Brad Freelan, Matthew Downer, Ryan Kleinman, Mitchell Thaw and Claude Jodoin.