Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF) announced the closing of a third tranche in a non-brokered private placement, generating $349,775 in gross proceeds.
The placement involved issuing 9,993,571 common shares at $0.035 per share, calculated with an exchange rate of USD$1.00 = CDN$1.3767.
No finder’s fees were paid for a portion of the placement. Previous tranches closed on May 6, 2024, and May 27, 2024.