AEX Gold Inc. is pleased to provide updates on its 2019 Summer Field Activities on its various properties in South Greenland. The key activities at Nalunaq are: To determine the quantity of potentially gold bearing mill oversize materials from past operations for a possible bulk sample program; Carry out a drilling program with the main objective being to test for down-dip extensions to the South Block and to validate the [...]
AEX Gold Inc. is pleased to announce that it has been granted the exclusive exploration rights under a new license in South Greenland: license 2019/11. The license is comprised of five sub-areas and covers a total of 266 km2 within the Nanortalik Gold Belt . Figure 1 : AEX's new licenses under No. 2019/11 Historic work by GEUS, NunaMinerals and Goldcorp identified gold mineralisation in several locations within this new [...]
AEX Gold Inc. is pleased to announce it has completed a non-brokered private placement of 13,157,893 units at a price of $0.38 per unit, for gross proceeds to AEX Gold of approximately $5,000,000, subject to TSX Venture Exchange and regulatory approvals . Vækstfonden, the Danish Growth Fund subscribed for $1.5M and Greenland Venture A/S subscribed for $1.5M of the Offering. In addition, Eldur Olafsson [...]
AEX Gold Inc. is pleased to announce it has completed a non-brokered private placement of 2,631,577 common shares at a price of $0.38 per share, for gross proceeds to AEX of $1,000,000, subject to final approval of the TSX Venture Exchange. The Offering was carried out pursuant to prospectus exemptions from applicable securities laws. All securities issued pursuant to the Offering are subject to a four month hold period [...]
AEX Gold is pleased to announce its intention to complete a private placement of up to 2,631,570 common shares at a price of $0.38 per share, for gross proceeds to AEX of approximately $1,000,000, subject to TSX-Venture Exchange and regulatory approvals. The private placement will be non-brokered, however finders fees may be payable in connection with the Offering. Closing of the Offering is expected to occur on or about [...]
AEX Gold announces that it has granted incentive stock options to directors, officers and consultants of AEX to acquire an aggregate of 1,660,000 common shares at $0.45 per share, for a period of 5 years. 250,000 of these options have been issued in lieu of cash compensation to directors and certain members of management, which have been waived to reduce costs. All options have been priced at $0.45 which was the issue [...]
AEX Gold Inc. is pleased to announce the commencement of the 2018 Summer Work Programme at the Corporation’s Nalunaq Project, the location of the historical Nalunaq gold mine. This multi stage Programme will include 3500-5000m of core drilling expected to last until early September comprising. 3000m of infill drilling from positive intersections aiming to add additional resources;
Alopex Gold is pleased to announce that it has filed Articles of Amendment to change its name to AEX Gold Inc. The Corporation's shareholders approved a special resolution to change the name of the Corporation at the Corporation's annual general and special meeting of shareholders held on May 24, 2018. The name change is effective June 6, 2018 and is subject to acceptance from the TSX Venture Exchange. Effective at the [...]
May 14, 2018 -- Alopex Gold Inc. is pleased to announce it has completed a non-brokered private placement of 5,564,422 common shares at a price of $0.45 per share, for gross proceeds to Alopex of $2,503,990 , subject to final approval of the TSX Venture Exchange . The Offering was carried out pursuant to prospectus exemptions from applicable securities laws. The Corporation paid certain finders cash fees and issued [...]
April 12, 2018 -- Alopex Gold Inc. is pleased to announce its intention to complete a private placement of up to 6,700,000 common shares at a price of $0.45 per share, for gross proceeds to Alopex of approximately $3,000,000, subject to TSX-Venture Exchange and regulatory approvals . The private placement will be non-brokered, however finders fees may be payable in connection with the Offering. Closing of the Offering is [...]
TORONTO, Feb. 22, 2018 -- Alopex Gold Inc. announces today that, as a result of a review by staff of the Ontario Securities Commission , the Corporation is issuing the following news release to clarify its disclosure made with respect to its Nalunaq Project in Greenland. Specifically, the Corporation wishes to clarify that in its autumn 2017 corporate presentation, made available on the Corporation’s website [...]
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