Reflex Advanced Materials Corp. has successfully closed a non-brokered private placement offering, raising C$199,925 through the sale of units at C$0.175 each. The net proceeds will be used for working capital and general corporate purposes. The securities issued are subject to a four month and one day hold period and are not registered under the United States Securities Act of 1933. Reflex Advanced Materials Corp. focuses on mineral exploration in British Columbia, aiming to develop economic mineral properties in the strategic metals and advanced materials space to meet increasing demand from North American manufacturers.

Read more at GlobeNewswire: Reflex Advanced Announces Closing of Private Placement