VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/24/13 -- Cap-Ex Iron Ore Ltd. (TSX VENTURE: CEV)(FRANKFURT: XOV)(OTCQX: CPXVF) ("Cap-Ex" or the "Company") announces that it has closed a private placement of 20,730,000 units (the "Units") at a price of $0.10 per Unit for proceeds of $2,073,000. Each Unit is comprised of one common share (the
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