Terrax Announces Closing of Financing for $3.1 Million
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) ("TerraX" or the "Company") is pleased to announce the successful closing of the bought deal financing initially announced on June 6, 2019 and later on June 13, 2019 with respect to an upsize (the "Offering"), which was led by PI Financial Corp. on behalf of a syndicate of underwriters which included Beacon Securities Limited and GMP Securities L.P. (the...
2019-06-26 10:05 AM EDT
TerraX Announces Upsize of Previously Announced Bought Deal Financing
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) ("TerraX" or the "Company") is pleased to announce that the Company has entered into an amended agreement with PI Financial Corp. on behalf of a syndicate of underwriters (the "Underwriters") to increase the size of the previously announced bought deal offering to raise aggregate gross proceeds of approximately C$3 million (the "Offering"). Under the terms of the...
2019-06-13 5:50 PM EDT
TerraX Minerals Inc. Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to provide a corporate update and further information about its proposed 2019 exploration plans on its Yellowknife City Gold (YCG) Project.David Suda, President and CEO, stated: "We would like to thank our shareholders for their commitment and patience over the past 12 months. The company has gone through significant changes and achieved several key milestones...
2019-05-08 8:00 AM EDT
CORRECTION FROM SOURCE: TerraX Receives Type B Water License from Mackenzie Valley Land and Water Board
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that a Type B Water License has been issued by the Mackenzie Valley Land and Water Board (MVLWB) approving TerraX's broad exploration plan for all land holdings of its Yellowknife City Gold (YCG) project. The Water License enhances the new Land Use Permit (LUP) (news release February 27, 2019). This water license is effective for 7...
2019-03-21 9:21 AM EDT
TerraX receives Type B Water License from Mackenzie Valley Land and Water Board
Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that a Type B Water License has been issued by the Mackenzie Valley Land and Water Board (MVLWB) approving TerraX's broad exploration plan for all land holdings of its Yellowknife City Gold (YCG) project. The Water License enhances the new Land Use Permit (LUP) (news release February 27, 2019). This water license is effective for 7 years...
2019-03-21 8:00 AM EDT
TerraX Confirms that Gold Structures that Hosted One of Canada's Highest Grade Past Producing Mines (The Giant Mine) Extend onto TerraX Target Zone
Vancouver, British Columbia--(Newsfile Corp. - March 18, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) TerraX minerals has completed relogging and sampling of 1579 meters of the 16,000 meters of historical drill core recovered from the Giant Mine core yard (news release January 14, 2019). TerraX is highly encouraged that gold mineralization trends onto the Barney Deformation Corridor ("BDC") target zone along the northern extension of the structure that hosted the...
2019-03-18 8:00 AM EDT
TerraX Receives Land Use Permit from Mackenzie Valley Land and Water Board for Drilling Programs on Its Entire 783km2 Yellowknife City Gold Property
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that a Land Use Permit (LUP) has been issued by the Mackenzie Valley Land and Water Board (MVLWB) approving TerraX's exploration plan on all the land holdings of its Yellowknife City Gold (YCG) property. The new LUP replaces two smaller LUPs and provides for water usage required in exploration drilling. The new permit is effective until...
2019-02-27 8:00 AM EST
TerraX Recovers 16,000 meters of Historical Core
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that in cooperation with The Geological Survey of the NWT and The Giant Mine Remediation Project, TerraX was able to recover 16,000 meters of historical drill core. In a preliminary review of the core TerraX geologists have identified visible gold Core Photo 1 and are currently logging and splitting the favorable sections of core for...
2019-01-14 8:00 AM EST
TerraX Minerals Announces 2019 Drill Targets
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2019) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that 2018 exploration programs delivered concrete advancement of targets at the Yellowknife City Gold (YCG) project. While continuing to deliver high grade surface results, TerraX compiled and enhanced all data sets to achieve a clearer understanding of the deposits. Analysis and review of the entire district by a panel of internal and external...
2019-01-08 8:00 AM EST
TerraX Increases Financing to $2.3 Million
Vancouver, British Columbia--(Newsfile Corp. - November 19, 2018) - - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that, due to significant demand, the Company has increased and closed its previously announced non-brokered private placement for $1.50 Million to $2.3 Million. The placement now consists of 5,887,500 units of the Company ("Units") at a price of $0.40 per Unit. Each Unit shall consist of one common share and one transferable common share...
2018-11-19 8:00 AM EST
TerraX Arranges $1.5 Million Financing
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that the Company has agreed to a non-brokered private placement of 3,750,000 units of the Company ("Units") at a price of $0.40 per Unit to raise aggregate gross proceeds of $1.5 million. Each Unit shall consist of one common share and one transferable common share purchase warrant (a "Warrant"). Each Warrant shall be exercisable into one...
2018-11-01 4:22 PM EDT
TerraX 2018 Summer Exploration program continues to expand Northbelt Target
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce further assay results from the Company's 2018 summer field program on the Yellowknife City Gold (YCG) project. A total of 262 samples were taken on the company's Northbelt target which represents the possible extension of Con-Giant trend and constitutes the core focus area. David Suda, President and CEO stated: "There is considerable...
2018-10-26 7:00 AM EDT
TerraX completes high resolution airborne magnetic and radiometric and LiDAR surveys over the Quyta-Bell property
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce the completion of a helicopter-borne high resolution magnetic and radiometric survey over the Quyta-Bell property of the Yellowknife City Gold Project (YCGP). This 6409 line-kilometer survey was completed by Precision GeoSurveys Inc., of Langley, BC. A 434 square kilometer airborne LiDAR survey was also completed over the Quyta-Bell property by...
2018-10-09 7:00 AM EDT
TerraX purchases the Tom Mine and Sickle Properties
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce the purchase of a 100% interest in the Tom Mine (6 sq km) and Sickle (2 sq. km) properties from Altamira Gold Corp. These properties increase the area of the YCGP from 772 square kilometers to 780 square kilometers. A map of the property locations is available here (https://terraxminerals.com/site/assets/files/2644/Si
2018-09-19 8:30 AM EDT
TerraX expands Giant/Con gold system in the Gull and Rater Lake areas, samples up to 171 g/t Au
Vancouver, British Columbia--(Newsfile Corp. - September 14, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce further assay results from the Company's summer field program on the Yellowknife City Gold project.High grade gold assays from grab sampling have extended the strike of the Gull and Rater Lake zones. As previously reported these new targets are in the same mafic volcanic geology that also hosted the Giant and Con mines, and are within...
2018-09-14 7:00 AM EDT
TerraX Extends Ptarmigan Zone 400 Meters Northwest; Ptarmigan Channel Sampling Returns 53.85 g/t Au Over 1.80 M
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce further assay results from the Company's ongoing summer field program on the Yellowknife City Gold project.David Suda, President and CEO stated: "The summer program continues to yield results that confirm the potential of the Yellowknife City Gold Project as a district scale camp. Surface results, magnetic imaging, and geochemistry data will...
2018-07-25 9:19 AM EDT
TerraX identifies two new gold zones on Northbelt property and channel samples 5.50 m @ 24.75 g/t Au at Ptarmigan on Eastbelt
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce assay results from the Company's summer field program now underway on the Yellowknife City Gold project.The first set of assay results come from sampling done on two new zones called Gull Lake and Rater Lake that have been identified on our Northbelt property. These new targets are in the same mafic volcanic geology that also hosted the...
2018-07-25 7:00 AM EDT
TerraX identifies two new gold zones on Northbelt property and channel samples 5.50 m @ 24.75 g/t Au at Ptarmigan on Eastbelt
Vancouver, British Columbia--(Newsfile Corp. - July 12, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce assay results from the Company's summer field program now underway on the Yellowknife City Gold project.The first set of assay results come from sampling done on two new zones called Gull Lake and Rater Lake that have been identified on our Northbelt property. These new targets are in the same mafic volcanic geology that also hosted the...
2018-07-12 7:00 AM EDT
TerraX Appoints David Suda as President and CEO
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that David Suda has been appointed as President and Chief Executive Officer of the Company, effective immediately. Mr. Suda will work closely with Joseph Campbell, the Executive Chairman of TerraX, to help lead the company towards continued success in discovery while enhancing the Company's profile within the investment community. "David Suda's...
2018-06-18 7:00 AM EDT
TerraX Extends Crestaurum Zone to 300 Meters Vertical Depth, Doubling Size of Known Mineralized Structure
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2018) - TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce assay results from the remaining 11 holes drilled at the Yellowknife City Gold project this winter. Four of these holes (1,170 m) were drilled on the high-grade Crestaurum gold bearing structure to test whether gold mineralization continued to depth. All four holes hit mineralized structure, with two holes containing visible gold. All holes...
2018-05-08 7:00 AM EDT