FMX Ventures Inc.

April 07, 2011 16:03 ET

FMX Ventures Closes Private Placement

TORONTO, ONTARIO--(Marketwire - April 7, 2011) - FMX Ventures Inc. (TSX VENTURE:FXX.H) (the "Company") announced today that it has completed its previously announced non-brokered private placement of common shares. The Company issued and sold today 1,000,000 common shares at a price of $0.20 per share raising gross proceeds of $200,000. The net proceeds from the placement are to be used by the Company to satisfy existing accounts payable and for general working capital. All securities issued under the private placement are subject to a 4-month hold period.

Number of Common Shares Outstanding – 4,934,296

Neither 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 release.

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