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Vantex Completes a $193,400 Financing in Common Share Units
Published : May 03, 2011
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LA PRAIRIE, QUEBEC--(Marketwire - May 3, 2011) - Vantex Resources Ltd. (the "Company")(News - Market indicators) is pleased to announce the completion of a $193,400 non-brokered financing.

The Company sold 193.4 Common Shares Units at a purchase price of $1,000 per Unit, for a total amount of $193,400. Each Unit consists of 2,857 common shares at a price of $0.35 per share and 2,857 common share purchase warrants. Each whole warrant will entitle the holder to purchase one additional common share in the capital of the Company for a period of twelve months from the date of issuance, at a purchase price of $0.44 per share. These funds will be allocated for general working capital purposes.

The securities issued as part of this financing are subject to a minimum hold period of four-month-and-one-day period and subject to the approval of the TSX Venture exchange.

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 :
Guy Morissette
CEO
514-712-9753
www.vantexressources.com
or
For information :
Wayne Carlon
VP Business development
902-857-1043
waynecarlon@eastlink.ca
or
Allyson Taylor Partners Inc.
Sean F. Budnik
514-397-0110
sean@allysontaylorpartners.com

Vantex Resources
EXPLORATION STAGE
CODE : VAX
ISIN : CA9219454084
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Vantex Res. is a gold and copper exploration company based in Canada.

Vantex Res. holds various exploration projects in Canada.

Its main exploration properties are ST PIERRE, PINACA BLOCK, PAYNE, MANIC, PATICA BLOCK, SANTA ANNA, HEVA, GALLOWAY PROJECT, GUILLET, ANA and ANA - VANTEX in Canada.

Vantex Res. is listed in Canada and in Germany. Its market capitalisation is CA$ 5.1 millions as of today (US$ 4.0 millions, € 3.4 millions).

Its stock quote reached its highest recent level on January 14, 2011 at CA$ 0.64, and its lowest recent point on October 16, 2015 at CA$ 0.01.

Vantex Res. has 16 709 999 shares outstanding.
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Annual reports of Vantex Resources
2008 Annual report
2007 Annual report
Option Grants of Vantex Resources
9/12/2012Reduces Stock Option Plan
6/17/2011Modifies Stock Option Plan and Grants Options
Project news of Vantex Resources
4/3/2013(Galloway Project)s on Current Drilling on the Moriss Zone of the Galloway Pro...
4/8/2011(Galloway Project)Resumes Drilling on Moriss
2/23/2011(Santa Anna)The Superior Court Approves the Plan of Arrangement Proposed...
2/27/2007(Guillet)Makes Important Gold Discovery in Guillet
Corporate news of Vantex Resources
5/8/2013Intersects 137.9 g/t Au Over 1.4 M on Moriss
5/1/2013Announces Shareholder Meeting Vote Results
3/28/2013to Renew Its Shareholder Rights Plan
2/5/2013Announces Flow Through Units Offering for a Maximum of $504,...
1/16/2013Expands Land Position at Moriss Zone Exploration to Target H...
11/7/2012Acquires the Lac Fortune West Property
10/2/2012Rob McEwen Increases Stake in Vantex
9/19/2012Announces Initial Mineral Resource Statement for GP Gold Dep...
7/12/2011Raises $260,000 in Flow-Through Units
6/14/2011Intersects 72 Metres at .6 g/t Au on Galloway-Hendrick Zone
5/25/2011Intersects 32.9 g/t Au Over 4 Metres on Galloway-Moriss Zone
5/12/2011Hires SRK Consulting
4/28/2011Intersects 5.3 Metres at 24.9 g/t Au on Moriss
3/22/2011Cuts 186 Metres at 0.72 g/t Au on Galloway
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TSX-V (VAX)BERLIN (UD7.BE)
0.305+238.89%0.014-36.36%
TSX-V
CA$ 0.305
05/18 10:30 0.220
238.89%
Prev close Open
0.090 0.285
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0.285 0.305
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.305 -%
Volume 1 month var.
8,000 -%
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