VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/03/13 -- Orex Minerals Inc. (TSX VENTURE: REX) ("Orex"), is pleased to announce that on the 26th of June, 2013, it signed an option agreement (the "Option Agreement") providing Orex with an option (the "Option") to earn a 100 percent interest in certain mineral claims (the "Persistence Claims") from Cazador Resources Ltd., a private British Columbia corporation [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/03/13 -- Orex Minerals Inc. ("Orex" or the "Company") (TSX VENTURE: REX) -
Orex is pleased to announce that it has agreed with Northland Resources S.A. ("Northland") to defer payment of US$1.75 million of the US$2 million payment due to Northland on April 29, 2013 under the Barsele property acquisition agreement dated March 22, 2011 (the "Barsele Agreement").
Orex Minerals announces that it has completed its non-brokered private placement previously announced on February 18, 2013 for aggregate gross proceeds of CAD $750,000. The Offering consisted of 1,500,000 shares at a price of $0.50 per share. All of the shares were subscribed for by 683192 B.C. Ltd., a company wholly owned and controlled by Gary Cope, CEO of Orex. Orex intends to use the net proceeds of the Offering to [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/11/13 -- Orex Minerals Inc. (the "Company") (TSX VENTURE: REX) announces that it has engaged Patrice Nazareno as a Corporate Communications & Investor Relations consultant pursuant to an agreement dated April 11, 2013 (the "Agreement").
Ms. Nazareno has more than 7 years' experience and an extensive background providing Corporate Communications and Investor Relations [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/25/13 -- Orex Minerals Inc. (TSX VENTURE: REX) ("Orex") is pleased to announce that a third diamond drilling rig has been added to the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo PLC (LSE: FRES) ("Fresnillo"), is managing this Phase-II program. In addition, the results of the third [...]
Orex Minerals announces that it is undertaking a non-brokered private placement for gross proceeds of up to $20,000,000. The Offering consists of up to 40,000,000 common shares at a price of $0.50 per share. Orex expects the Offering to close on or about March 30, 2013. Orex may pay finder's fees for the Offering of up to 7% in cash or Orex Shares, at the discretion of Orex.
Orex Minerals and Astral Miningannounce that the plan of arrangement between Astral and Orex has completed with Orex issuing common shares to former shareholders and creditors of Astral, such that Astral is now a wholly-owned subsidiary of Orex. As previously announced, the Arrangement was approved by Astral's shareholders on January 31, 2013 and by the Supreme Court of British Columbia on February 5, 2013.
Orex Minerals and Astral Mining announce that further to their joint news release of October 15, 2012 and subsequent news releases, on February 5, the Supreme Court of BC granted its final order approving the acquisition of all the issued and outstanding common shares of Astral by Orex by way of a plan of arrangement. At Astral's annual general and special meeting held on January 31, 2013, shareholders of Astral approved [...]
Orex Minerals announces that its board of directors and management are consulting with its legal and financial advisors to evaluate the merits of proceeding with a reorganization of its business that will separate Orex's advanced-stage Barsele Gold Project in Sweden from all of Orex's other mineral properties. It is expected that the Proposed Transaction will be completed through a shareholder-approved plan of arrangement [...]
Orex Minerals and Astral Mining announce that further to their joint news releases of October 15, 2012 and January 21, Astral's shareholders passed a special resolution authorizing and approving the acquisition of all the issued and outstanding common shares of Astral by Orex by way of a plan of arrangement at Astral's annual general and special meeting of shareholders held on January 31, 2013. Pursuant to the [...]
Astral Mining announces that the annual general and special meeting of the shareholders of Astral will be held on Thursday, January 31, 2013 at Suite 700, 595 Burrard Street, Vancouver, British Columbia at 10:00 a.m. At the Meeting, Astral's shareholders will be asked to, among other things, consider and to pass a special resolution (the "Arrangement Resolution") authorizing and approving the acquisition of all the issued [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/07/13 -- Orex Minerals Inc. (TSX VENTURE: REX) ("Orex"), is pleased to announce the results of the second batch of holes from the 12,000 metres Phase-II diamond drilling program on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo PLC (LSE: FRES) ("Fresnillo"), is managing this Phase-II [...]