RDXgeo launched $40 million mezzanine financing


RDXgeo RDXgeo is in the market with a $40 million non-brokered mezzanine placement. The placement, which hasn’t started to sell, is structured to close in October 2015 or once the placement is fully subscribed. This is the first time the company is filling a security offering under a registration exemption with the SEC.

The company is engaged in mineral exploration with a focus on copper and gold porphyry projects. It has positioned itself as a resource and joint venture partner in numerous projects with major mining companies, domestically in Arizona, Utah, Nevada and internationally, in Russia, Chile, and Colombia.

The company was registered in 2013 and has its headquarters located in Overland Park KS. RDXgeo kept its revenues undisclosed.
The executive team includes Thomas E Bowens and Timothy E Isaacs.

Offering recap
Status: Launched
Company: RDXgeo
Industry: Other
Amount offered: $40 million
Data as of: 10-20-2014

For more information visit www.XDATA.co

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