Apr 01, 2010 TerraX Minerals Inc. has completed the previously announced non-brokered private placement of 750,000 units at a price of $0.20 per unit for gross proceeds of $150,000. Each unit will be comprised of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional share at an exercise price of $0.25 per share for a period of two years from the date of issue. This placement is subject to acceptance for filing by the TSX Venture Exchange. TerraX Minerals Inc.has retained the services of Paradox Public Relations Inc. as strategic investor relations consultants to the company. Paradox will focus on developing and expanding TerraX's communications with the investment community through a comprehensive investor relations program. Paradox provides investor relations services to businesses in multiple industries since about eight years. Services to be provided to TerraX include: marketing to the investment community, use of Paradox's proprietary database and contacts, organizing meetings and presentations on behalf of the company, and providing an e-mail service and incoming call service. On behalf of the Board of Directors "STUART ROGERS" Stuart Rogers Director Neither the 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. | |