Consolidated Texas Northern Minerals (CXH-V) will use the proceeds of an $826,000 financing to explore for diamonds on the MAC claims in the Lac de Gras region of the Northwest Territories.
The company recently closed a private placement of more than 4.3 million special warrants priced at 19 cents per unit. Each special warrant comprises one common share and one share purchase warrant exercisable at 19 cents in the first year and at 22 cents in the second.
Almost 160 heavy-Mineral samples were collected in an effort to define existing mineral trains on the 314,935-Acre property.
Be the first to comment on "Cons. Texas to explore MAC claims"