LeadFX Inc. is pleased to announce the major expansion of its base metals interests through the acquisition of the high grade Bongará Zinc Project in north-central Peru. The Bongará Zinc Project consists of 13 mineral concessions totaling 11,125 hectares. In 2019, a National Instrument 43-101 report1 was prepared for Bongará which declared the [...]
LeadFX Inc. is pleased to announce InCoR Holdings Limited has agreed to provide $2,000,000 financing for the Company as it plans the restart of operations at its 100% owned Paroo Station Lead Mine in Western Australia as a first phase development. The financing is via a loan convertible into new shares in the Company at an issue price of $1.00 per [...]
LeadFX Inc. advises that further to the news release dated April 30, 2019, the Company has received the Certificate of Arrangement dated May 7, 2019 from the Director of Corporations Canada certifying that the Company's plan of arrangement has been effected under section 192 of the Canada Business Corporations Act . Computershare Investor Services [...]
LeadFX Inc. advises that Computershare Investor Services Inc., the Company's depositary in connection with its go private transaction , has received sufficient funding from the Company's major shareholder, InCoR Energy Materials Limited, to allow the Company to commence the completion of the Plan of Arrangement and remit cash consideration to [...]
LeadFX Inc. advises the next tranche of proceeds from the sale of its interests in Chief Consolidated Mining Company of US$2 million, less an increase in reclamation bonds of US$340,000, has been received. The balance outstanding of US$1.5 million, subject to adjustments, is due on December 5, 2019. Forward-Looking Statements This news release may [...]
LeadFX Inc. announces it has filed a revised independent National Instrument 43-101 Technical Report, titled, "NI 43-101 Technical Report on the Paroo Station Lead Carbonate Mine, Wiluna, Western Australia". The Technical Report supports the Company's press release dated February 19, 2019. The Technical Report can be found on the Company's website [...]
LeadFX Inc. reports its fourth quarter 2018 and year end December 31, 2018 results. This press release summarizes, and should be read in conjunction with, the Company's audited Consolidated Financial Statements for the year ended December 31, 2018 and the Management Discussion and Analysis of Results of Operations and Financial Condition for [...]
LeadFX Inc. advises it entered into various agreements with InCoR Energy Materials Ltd , Sentient Executive GP I, Limited & Sentient Pty Ltd and Sentient Executive GP II, Limited & Sentient Trustees PTC Limited to complete the Plan of Arrangement approved by LeadFX shareholders on October 3, 2018. The interests of Non-Sentient Minority [...]
LeadFX Inc. announces, at the request of IIROC on behalf of the Toronto Stock Exchange, that the Company's management is unaware of any material change in LeadFX's operations that would account for the recent increase in market activity. InCoR Energy Materials Ltd, one of the Company's controlling shareholders, continues to progress the funding [...]
LeadFX Inc. advises that SNC-Lavalin Australia Pty Ltd has updated the previously announced Paroo Station Lead Mine definitive feasibility study dated February 28, 2018 to incorporate the results of engineering work and a demonstration plant program undertaken in 2018 and 2019 . The DFS Update has concluded that the proposed modifications to the [...]
LeadFX Inc. announces it has entered into a further amendment to the existing credit facility with its major shareholder Sentient Global Resources Fund IV LP that provides a further US$2 million in short term working capital funding to the Company. The Toronto Stock Exchange has provided its conditional approval for the Third Amendment and the [...]
LeadFX Inc. advises that it continues to progress the funding for the closing of the Plan of Arrangement approved by shareholders on October 3, 2018. As previously disclosed, funding will be undertaken by InCoR Energy Materials Ltd., one of the Company's controlling shareholders. The Company will continue to update investors as funding arrangements [...]
