Vortex Energy Announces $830,000 Charity Flow Through Offering
Summary
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESVANCOUVER, British Columbia, March 04, 2024 (GLOBE NEWSWIRE) -- Vortex Energy Corp. (CSE: VRTX | OTC: VTECF | FRA: AA3) ("Vortex or the "Company") is pleased to announce that it intends to complete a non-brokered charity flow through private placement of 2,441,178 common shares of the Company (CS) at a price of $0.34 per CS for aggregate gross proceeds of approximately $830,000.52 (FT Offering). The company is currently advancing its Robinson River Salt Project comprised of a total of 942 claims covering 23,500 hectares located approximately 35 linear kms south of the town of Stephenville in the Province of Newfoundland & Labrador. Vortex Energy Corp. also holds the Fire Eye Project, which is located in the Wollaston Domain of northern Saskatchewan, Canada.On Behalf of the Board of DirectorsThis news release contains forward-looking information within the meaning of applicable securities laws. By its nature, this information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections, or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. There can be no assurance that such information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.