Reflex Advanced Materials Corp. Completes First Tranche of Non-Brokered Private Placement
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VANCOUVER, British Columbia, Jan. 08, 2024 (GLOBE NEWSWIRE) — Reflex Advanced Materials Corp. (CSE:RFLX) (OTCQB:RFLXF) (FSE:HF2) (“Reflex” or the “Company”) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement financing (the “Private Placement”) for aggregate gross proceeds of CAD$575,000. Pursuant to the Private Placement, the Company issued 5,750,000 units (each, a “Unit”) at a price of CAD$0.10 per Unit. Each Unit consists of one (1) common share (each, a “Share”) and one (1) common share purchase warrant (each, a “Warrant”). Each Warrant is exercisable into one (1) Share at an exercise price of CAD$0.15 until January 4, 2026.
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