Alpha Exploration Completes $3 Million Private Placement

Alpha Exploration Inc. (TSXV:AEX) completed a non-brokered private placement through the issuance of the following: (i) 5,833,333 Flow-Through Units consisting of one flow-through common share and one-half of one share purchase warrant at a price of $0.30 per FT Unit; and (ii) 6,250,000 Non-Flow-Through Units consisting of one common share and one Warrant at a price of $0.20 per Unit.

As quoted in the press release:

Accordingly, the Company has issued a total of 12,083,333 common shares and 9,166,667 Warrants in return for gross proceeds of $3,000,000 (the “Offering”).

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