TTX Tantalex Lithium Resources Corporation

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE
SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.


Tantalex Resources Corporation (CSE:TTX) ("Tantalex") is pleased to announce
that it has completed a non-brokered private placement financing by issuing
1,050,000 common share units ("Units") at a price of $0.10 per Unit for gross
proceeds of $105,000. Each Unit consists of one common share in the capital of
Tantalex (a "Common Share") and one-half of one common share purchase warrant (a
"Warrant") of Tantalex. Each whole Warrant entitles the holder thereof to
acquire one Common Share at an exercise price of $0.15 per Common Share up to
the date that is twenty-four (24) months from closing. All securities issued
pursuant to the financing are subject to a four-month hold period.


The net proceeds will be used by Tantalex for general corporate purposes and
working capital.


Including the issuance of shares detailed in this news release, there are
currently 34,900,564 Common Shares issued and outstanding.


In connection with the financing, the Company paid cash commissions of $4,400,
and issued compensation warrants to purchase 44,000 Common Shares at an exercise
price of $0.10 per Common Share exercisable for a period of twenty-four (24)
months from closing.


About Tantalex Resources Corporation

Tantalex is a mining exploration and development company engaged in the
acquisition, exploration and development of Tantalum and Niobium properties in
Africa. Tantalex has its main business office in Montreal, Quebec.


This press release does not constitute and the subject matter hereof is not, an
offer for sale or a solicitation of an offer to buy, in the United States or to
any "U.S Person" (as such term is defined in Regulation S under the U.S.
Securities Act of 1933, as amended (the "1933 Act")) of any equity or other
securities of Tantalex. The securities of Tantalex have not been registered
under the 1933 Act and may not be offered or sold in the United States (or to a
U.S. Person) absent registration under the 1933 Act or an applicable exemption
from the registration requirements of the 1933 Act.


The Canadian Securities Exchange (CSE) has not reviewed this news release and
does not accept responsibility for its adequacy or accuracy.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Tantalex Resources Corporation
Dave Gagnon
Chief Executive Officer
+1 514-394-7476
dg@tantalex.ca


Tantalex Resources Corporation
Jean-Robert Provonost
Chief Financial Officer
+1 514-394-7476
jrp@tantalex.ca

Grafico Azioni Tantalex Lithium Resources (CSE:TTX)
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Da Ott 2024 a Nov 2024

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Da Nov 2023 a Nov 2024