Margaux Resources Announces Loan Agreement
CALGARY, ALBERTA--(Marketwired - Jul 22, 2015) - Margaux Resources Ltd. (TSX VENTURE:MRL) ("Margaux" or the "Corporation") wishes to announce that it has entered into a loan agreement with Mr. Tyler Rice, the Corporation's President and Chief Executive Officer whereby the Corporation has borrowed $50,000 from Mr. Rice. The loan is repayable on October 31, 2015 and bears interest at 6.0% per annum. The Corporation will use the proceeds of the loan for working capital purposes.
About Margaux Resources Ltd.: Margaux is a publicly traded mineral exploration company based in Calgary, Alberta. The Corporation has an option on the previously producing Jersey Emerald tungsten-zinc mine, located in southeastern British Columbia.
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