/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED
STATES/
TORONTO,
Sept. 26, 2012 /CNW/ - Amerix
Precious Metals Corporation (TSXV: APM) ("Amerix" or the "Company")
is pleased to announce that it has engaged Canaccord Genuity Corp.
(the "Agent") to act as agent in connection with a proposed fully
marketed private placement (the "Offering") of units (the "Units")
to raise gross proceeds of approximately $3.0 million. Each Unit will be offered at
a price of $0.12 per Unit and will
consist of one common share of the Company (a "Common Share") and
one half of one common share purchase warrant (a "Warrant").
Each whole warrant will entitle the holder to purchase one common
share of the Company at a price of $0.18 at any time on or before that date which is
24 months after the closing date.
The net proceeds raised under the Offering will
be for the advancement of the Company's Limão project and for
general working capital purposes. The Offering is expected to
close on or about October 17, 2012
(the "Closing Date") and is subject to certain conditions
including, but not limited to, the receipt of all necessary
approvals including the approval of the TSX Venture Exchange. The
Common Shares and Warrants comprising the Units will be subject to
resale restrictions for a period of four months and one day from
the closing date under applicable securities legislation.
This news release is intended for distribution
in Canada only and is not intended
for distribution to United States
newswire services or dissemination in the
United States. The securities being offered have not,
nor will they be registered under the United States Securities Act
of 1933, as amended, or any state securities laws and may not be
offered or sold within the United
States or to, or for the account or benefit of, U.S. persons
absent U.S. registration or an applicable exemption from the U.S.
registration requirements. This release does not constitute
an offer for sale of securities in the
United States.
The Units will be offered by way of the
"accredited investor" and "minimum amount investment" exemptions
under National Instrument 45-106 in any Canadian provinces and
territories as agreed upon by the Company and Canaccord and
offshore (collectively, the "Jurisdictions"), and in the United States on a private placement basis
pursuant to an exemption from the registration requirements of the
United States Securities Act of 1933, as amended.
About Amerix
Amerix Precious Metals Corporation is an
Ontario company, managed by an
experienced team, exploring for precious metals in Brazil. Amerix's objective is to create value
for shareholders through the delineation and expansion of bedrock
gold resources, and realization of value from placer and tailings
gold resources at the Company's properties. Brazil has significant gold potential and is a
proven mining-friendly country. The Company's shares trade on the
TSX Venture Exchange under the symbol "APM" and at the Frankfurt
Stock Exchange under the symbol "NJGN".
Disclosure Regarding Forward-Looking
Statements: This press release contains certain
"Forward-Looking Statements" within the meaning of applicable
securities legislation. All statements, other than statements of
historical fact, included herein are forward-looking statements
that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations
are disclosed in the Company's documents filed from time to time
with the TSX Venture Exchange and, among others, the Ontario
Securities Commission as well as under the heading "Risk Factors"
in the Management Discussion and Analysis.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Amerix Precious Metals Corporation