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Jaxon Mining Inc.: Jaxon Extends Non-Brokered Private Placement


Jaxon Mining Inc.: Jaxon Extends Non-Brokered Private Placement
Vancouver, Canada (Newsfile Corp. - May 28, 2021) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ( Jaxon or the Company ) announces that further to its news release dated April 19, 2021, the TSX Venture Exchange ( TSXV ) has granted an extension for filing final documentation in respect of the previously announced private placement offering (the Private Placement ) of up to 27,500,000 flow-through units (the FT Units ) at $0.11 per FT Unit for gross proceeds of up to $3,025,000; and up to 13,000,000 in non-flow-through units (the NFT Units ) at $0.075 per NFT Unit for gross proceeds of up to $975,000. The Company requested the extension to accommodate additional investors and their requirements. Closing of the Private Placement will occur in June with final documentation filed on or before June 27, 2021. ....

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