CALGARY, ALBERTA--(Marketwired - July 22, 2015) - Margaux Resources Ltd. (TSX VENTURE:MRL) ("Margaux" or the "Corporation") wishes to announce that it has entered into a loan agreement with Mr. Tyler Rice, the Corporation's President and Chief Executive Officer whereby the Corporation has borrowed $50,000 from Mr. Rice. The loan is repayable on October 31, 2015 and bears interest at 6.0% per annum. The Corporation will use the proceeds of the loan for working capital purposes.
About Margaux Resources Ltd.: Margaux is a publicly traded mineral exploration company based in Calgary, Alberta. The Corporation has an option on the previously producing Jersey Emerald tungsten-zinc mine, located in southeastern British Columbia.
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 press release.
Contact Information:
Tyler Rice
President
(403) 537-5590