Margaux Resources is pleased to announce that, further to its press releases dated October 11, 2016 and October 21, 2016, it has closed the second tranche of its non-brokered private placement by issuing: 2,128,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $532,000; and 1,122,582 common shares of the Company
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