Carmax Mining is pleased to announce that it closed on July 9, 2014 the second and last tranche of the non brokered private placement of 24,000,000 units. The last tranche was oversubscribed by 660,000 units. All units were placed at a price of $0.05 per unit giving rise to the Company raising gross proceeds of $1,233,000. Each unit placed consisted of one share and one share purchase warrant providing the holder with the
[...]