Sphinx Resources Ltd. (TSXV:SFX) will look for acquisitions. Sphinx Resources Ltd. has closed a second tranche of $13,000 of the private placement, and, with the first tranche closed on June 11, 2020, the aggregate gross proceeds is $83,250. The net proceeds of the Private Placement will be used to fund the Corporation's exploration projects, acquisition of new projects and for general working capital purposes.