Orex Minerals is pleased to announce today that it has entered into an arrangement agreement with its wholly-owned subsidiary, Barsele Minerals, pursuant to which, among other things, Orex will transfer to Barsele: (i) Orex's 45% interest in the Barsele Gold Project located in Sweden; (ii) $500,000 in cash; and (iii) all of Orex's right, title and [...]
Orex Minerals reports that it has applied to the TSX Venture Exchange to extend the term of the warrants issued in connection with its September 13, 2013 private placement, currently expiring September 13, 2015. Warrants to purchase 4,114,300 common shares at a price of $0.30 per share will be extended to expire on September 13, 2017, subject to [...]
Orex announces that it has granted an aggregate of 2,225,000 incentive stock options to directors, officers and consultants to purchase up to 2,225,000 shares in the capital of Orex at an exercise price of $0.25 per share and with a five year term. The options will vest immediately. Orex Minerals is a Canadian-based junior exploration company [...]
VANCOUVER, June 11, 2015 /CNW/ - Orex Minerals Inc. (TSX-V: REX) ("Orex") is pleased to announce that it has closed the joint venture transaction with Agnico Eagle Mines Ltd. (NYSE:AEM, TSX:AEM) ("Agnico Eagle") with respect to the development of Orex's Barsele Project located in Sweden (the "Project") previously announced by Orex on February 23 [...]
Orex Minerals would like to provide an update regarding Orex's Barsele Gold Project located in Sweden. On April 21, 2015, Orex received decisions from the Mining Inspectorate in Sweden granting the renewal of three important mineral exploration permits at the Barsele Gold Project. Orex today also obtained a $600,000 loan from [...]
VANCOUVER, April 22, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), in conjunction with their project partner Fresnillo Plc (LSE: FRES) ("Fresnillo"), have commenced drilling on a Phase-IV exploration diamond drilling program of approximately 4,500 metres on the Coneto Gold-Silver Project in Durango, Mexico. The contract has been awarded [...]
VANCOUVER, March 19, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), and their project partner Fresnillo Plc (LSE: FRES) ("Fresnillo"), are scheduling a Phase-IV exploration diamond drilling program of approximately 4,500 metres for the Coneto Gold-Silver Project in Durango, Mexico. Drilling is expected to re-commence in April 2015. The [...]
VANCOUVER, Feb. 23, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), is pleased to announce that it has entered into a letter of intent (the "LOI") with Agnico Eagle Mines Ltd. ("AEM") with respect to the development of Orex's Barsele Gold Project, located in Sweden (the "Project"). Pursuant to the terms of the LOI, AEM will acquire an [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Jan. 19, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex" or the "Company") announces that it has closed a non-brokered private placement offering of 4,800,000 common shares of the Company at a price of $0.25 per share for gross proceeds of [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/ VANCOUVER, Jan. 15, 2015 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex" or the "Company") announces a non-brokered private placement offering of 4,800,000 common shares of the Company at a price of $0.25 per share for gross proceeds of $1,200,000 (the [...]
VANCOUVER, Dec. 19th, 2014 /CNW/ - Orex Minerals Inc. - (TSX-V: REX) ("Orex"), has received complete results from 2014 diamond drilling on its 100% owned Jumping Josephine property, in southern British Columbia. As previously announced on November 14th 2014, Orex recently completed 8,115m in near-resource step-out and project-wide reconnaissance [...]
VANCOUVER, Dec. 9, 2014 /CNW/ - Orex Minerals Inc. – (TSX-V: REX) ("Orex"), A drill rig and crew are now at the Los Crestones Gold-Silver-Copper Project in Sinaloa, Mexico, and have commenced drilling as of December 07, 2014. This is for a 5,000 metres diamond drilling program. The service provider, Kluane Drilling Ltd. ("KDL") is an experienced [...]
