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Nexco Resources Completes $480,000 IPO Financing and Listing on the Canadian Securities Exchange

Maxis Law represented Nexco Resources with a team that included Michael Varabioff and Abdullah Abunafeesa

On May 8, 2017, Nexco Resources Inc. (“Nexco” or the “Company”) completed an initial public offering of 3,200,000 common shares (“Shares”) of the Company at a price of C$0.15 per Share for an aggregate gross proceeds of C$480,000 to the Company. Canaccord Genuity Corp. acted as the exclusive agent in respect of the offering.

On May 9, 2017, Nexco’s common shares commenced trading on the Canadian Securities Exchange under the symbol “NXU”.

Nexco is engaged in the business of the acquisition, exploration and development of mineral resource properties. Nexco’s sole property is the Berger-Golden Eagle Mineral Property, located in Scotch Creek, British Columbia.