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Sphinx closes $1,402,810 hard dollar private placement financing

MONTREAL, QUEBEC--(Marketwired - Feb. 28, 2017) - Sphinx Resources Ltd. ("Sphinx" or the "Corporation") (TSX VENTURE:SFX) announces that it has closed a non-brokered hard dollar private placement (the "Private Placement") for aggregate gross proceeds of $ 1,402,810, including $ 804,110 from subscribers identified by Haywood Securities Inc. ("Haywood") and $ 400,400 from four Quebec-based institutional funds:

-- Caisse de depot et placement du Quebec ("CDPQ") ($ 150,000); -- Cap

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