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Message: Private Placement - Feb 8, 2010

Private Placement - Feb 8, 2010

posted on Feb 10, 2010 07:13AM

SEDEX MINING CORP. ("SDN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 8, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect to the second and final tranche of a Non-Brokered Private Placement announced November 24, 2009 and amended January 6, 2010:

Number of Shares: 10,300,000 flow through shares
3,750,000 non flow through shares

Purchase Price: .05 per share

Warrants: 14,050,000 share purchase warrants to purchase 14,050,000 shares

Warrant Exercise Price: .10 for the first two year period
.15 in the third year
.20 in the fourth year

Number of Placees: 12 placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P / # of Shares

Hastings Management Corp Y 1,000,000 non flow through shares
(Richard W. Hughes) 9,800,000 flow through shares


Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must
also issue a news release if the private placement does not close promptly.

TSX-X

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