VANCOUVER, BC / CRWEPRESSRELEASE / September 4, 2015 /Jaxon Minerals Ltd. (CVE:JAX) (the “Company”) announces a Private Placement of up to 4,000,000 flow through units at $0.06 per unit to raise gross proceeds of up to $240,000.
Each unit will consist of one common share and a warrant. Each warrant will entitle the holder to purchase one additional share at $0.08 for a period of 12 months. The proceeds of the financing will be used to advance the Company’s Hot Bath Project.
ON BEHALF OF THE BOARD OF DIRECTORS
JAXON MINERALS INC.
For further information regarding Jaxon Minerals Inc., please contact Leif Smither at 604-608-0400, Toll Free: 1-877-608-0007 or visit our website at www.Jaxonminerals.com.
This news release may contain forward-lookinginformation which isnotcomprised ofhistorical facts. Forward-lookinginformationinvolves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-lookinginformation. Forward lookinginformation in this news release may include, butis not limited to,the Company’s objectives, goals or future plans. Factors that could cause actual results to differ materially fromsuchforward-lookinginformationinclude, but are not limited to, those risks set out in the Company’spublic documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-lookinginformation in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-lookinginformation, whether as a result of new information, future events or otherwise, other than as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange)accepts responsibility for the adequacy or accuracy of this release.
SOURCE:Jaxon Minerals Ltd.