Orex Minerals Inc. is pleased to announce the closing of its non-brokered private placement previously announced on August 7, 2020. The Offering consisted of 36,666,666 units of the Company issued to Eric Sprott at a price of $0.15 per Unit for aggregate gross proceeds of $5,499,999.90. Each Unit consists of one common share and one-half of one [...]
Orex Minerals Inc. is pleased to announce a non-brokered private placement offering of units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of up to $5,500,000. Eric Sprott intends to subscribe for the entirety of the Offering. Each Unit will consist of one common share of the Company and one-half of one common share [...]
Orex Minerals Inc. – is pleased to announce that it has closed the final tranche of its non-brokered private placement announced on May 26, 2020. The Final Tranche was comprised of 13,887,500 units of the Company issued at a price of $0.08 per Unit for aggregate gross proceeds of $1,111,000. Each Unit consists of one common share and one-half of a [...]
This press release is being issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an Early Warning Report regarding the acquisition of units of Orex Minerals Inc. , a British Columbia corporation with its securities trading on the TSX Venture [...]
Orex Minerals Inc. – is pleased to announce that it has closed the first tranche of its non-brokered private placement announced on May 26, 2020. The First Tranche was comprised of 12,362,500 units of the Company issued at a price of $0.08 per Unit for aggregate gross proceeds of $989,000. Each Unit consists of one common share and one-half of a [...]
Orex Minerals is pleased to announce that it has engaged Red Cloud Financial Services Inc. to provide various investor relations services to the Company. Red Cloud is a Toronto-based financial services company that provides assistance in accessing capital markets. Red Cloud has been granted stock options of the Company to purchase 250,000 Common [...]
Orex Minerals is pleased to announce that the Company intends to undertake a private placement financing to raise gross proceeds of up to $2,000,000 from the sale of up to 25,000,000 units at a price of $0.08 per Unit, with each Unit consisting of one common share of the Company and one-half of one warrant. Each whole warrant is exercisable for one [...]
Orex Minerals is pleased to provide the following update from its President and CEO, Gary Cope. "Like all of our personnel at the Belcarra Group, I am at home practicing social distancing. I am hopeful that the worst of the Covid-19 crisis is behind us. As most countries begin the difficult task of restarting their economies, I would like to take [...]
Orex Minerals is pleased to announce that it has entered into an agreement to form a Joint Venture with Pan American Silver, through its subsidiary Plata Panamericana, to further explore and develop the Sandra Project, formerly the Sandra-Escobar Project, in Durango. Terms of the Joint Venture arrangement are based on a Letter Agreement signed in [...]
Orex Minerals Inc. announces that it has granted an aggregate of 3,425,000 incentive stock options to directors, officers, and consultants to purchase up to 3,425,000 common shares in the capital of Orex. The incentive stock options have an exercise price of $0.10 per share, expire five years from the date of grant, and vest immediately. As a [...]
Orex Minerals is pleased to announce that the Company has completed a private placement financing to raise gross proceeds of $800,000 from the sale of 8,000,000 units at a price of $0.10 per unit, with each unit consisting of one common share and one-half of one warrant. Each whole warrant is exercisable for one common share for a period of two [...]
Orex Minerals is pleased to announce that the Company intends to undertake a private placement financing to raise gross proceeds of up to $1,000,000 from the sale of up to 10,000,000 units at a price of $0.10 per unit, with each unit consisting of one common share and one half warrant. Each whole warrant is exercisable for one common share for a [...]