Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

Maxim Resources raises $386,400 in placing

Maxim Resources closed the previously announced private placing and raised $386,400.
Pictured is black gold - crude oil in a vessel....
Maxim Resources is an oil and gas junior..

Maxim Resources Inc (CVE:MXM) closed the previously announced private placing and raised $386,400.

The funds will be used to explore the company's Hassi Berkane block in Morocco and for corporate and working capital.

Maxim issued a total of around 15.45mln shares at 2.5 cents a  unit.

Each unit consist of one share and one share purchase warrant, exercisable into one share at a price of C$0.05 per share for five years from the offer closing.

Giles_55af4ddca6481.jpg
Why Invest In Maxim Resources Inc? Read More Here

Register here to be notified of future MXM Company articles
View full MXM profile View Profile

Maxim Resources Inc Timeline

Newswire
November 29 2016
Newswire
January 07 2016

Related Articles

oil barrels in a stack
February 21 2017
Oil is flowing from the Opuama field into the market, now that Eland has established a shipping operation.
UtilityMeter.jpg
November 25 2016
During its last fiscal year, OPG generated a record 3.2 billion units of electricity.
oil well drilling
December 15 2016
Drilling is due to start in the first quarter of 2017, but, the explorer is already preparing for success by snapping up more acreage in the area.

© Proactive Investors 2017

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use