TORONTO, ONTARIO -- (Marketwired) -- 06/17/13 -- Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that it has retained Haywood Securities Inc. ("Haywood Securities") as its financial advisor to review strategic alternatives for the development of the Company's flagship Roche Bay Iron Project [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/23/13 -- Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that President & CEO John Gingerich will be taking a temporary leave of absence for medical reasons. He is expected to be on leave for a period of up to four months. During this time, John will [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/05/13 -- Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that it has engaged ICBC International Capital Limited ("ICBCI") as its lead financial advisor in Hong Kong for the purpose of the Proposed Capital Financing (as defined below). AEI has engaged [...]
TORONTO, ONTARIO -- (Marketwire) -- 03/01/13 -- Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today provided an update on its plans to implement alternative power solutions as part of its Roche Bay development plan. The unique coastal location of the Roche Bay project affords the Company the opportunity to [...]
TORONTO, ONTARIO -- (Marketwire) -- 02/18/13 -- Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company" or "AEI") today announced that it has signed a Memorandum of Understanding (MOU) with Logistec Stevedoring Inc. ("Logistec") for the further development of AEI's shipping concept, terminal, and marine services. Logistec and [...]
TORONTO, ONTARIO -- (Marketwire) -- 02/05/13 -- Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced its involvement in formal negotiations with three independent companies in respect to partnership on the development of key Roche Bay infrastructure. The primary focus of these negotiations is to [...]
TORONTO, ONTARIO -- (Marketwire) -- 12/21/12 -- Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) today announced that in furtherance to its press release of February 18, 2012 and following recent discussions with its Board and XinXing Ductile Iron Pipes Group Co. Ltd. ("XDIP") that it plans to transfer its [...]
TORONTO, ONTARIO -- (Marketwire) -- 11/26/12 -- Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company" or "AEI") today announced encouraging results from the recently completed 2012 drill campaign at its Tuktu 2 Iron Project located 60 km north of the Roche Bay Iron Project on the Melville Peninsula in Nunavut, Canada.
TORONTO, ONTARIO -- (Marketwire) -- 11/02/12 -- Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6)(the "Company") announced today that it has completed its previously announced $5,000,000 convertible debenture private placement with XinXing Ductile Iron Pipes Co. Ltd. ("XDIP"). In connection with the Framework Agreement entered into [...]
TORONTO, ONTARIO -- (Marketwire) -- 11/01/12 -- Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company or "AEI") is pleased to announce that it has received unanimous Board approval to advance further engineering studies on its LNG Power solution for the Roche Bay Iron Project. The objective of this further engineering work [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/26/12 -- Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company or "AEI") is pleased to announce the results of a general surface sampling and prospecting program recently completed on its Tuktu project area. The 2012 Tuktu East prospecting and mapping program was initiated to continue [...]
TORONTO, ONTARIO -- (Marketwire) -- 10/18/12 -- Advanced Explorations Inc. (TSX VENTURE: AXI)(FRANKFURT: AE6) (the "Company or "AEI") is pleased to announce that it has completed an exploration program to further evaluate the direct ship ore ("DSO") potential within the area of the Tuktu 2 magnetic anomaly, approximately 5km east of AEI's Tuktu 1 [...]