VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 7, 2014) - Orex Minerals Inc. - (TSX VENTURE:REX) ("Orex"), is pleased to announce that a TITAN-24 ground geophysical survey team has now been deployed by Quantec Geosciences on Orex's Los Crestones Project in Sinaloa, Mexico. A ground Induced Polarization and Magnetotelluric survey will be conducted over the next few weeks. Orex's President, Gary Cope says, "Los Crestones [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 2, 2014) - Orex Minerals Inc. - (TSX VENTURE:REX) ("Orex"), in conjunction with their project partner Fresnillo Plc (LSE:FRES) ("Fresnillo"), commences on July 1st 2014, the Phase-III 10,800 metres diamond drilling program on their Coneto Silver-Gold Project in Durango, Mexico. A joint technical committee, with both Orex and Fresnillo representation, will guide the Coneto [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 9, 2014) - Orex Minerals Inc. (TSX VENTURE:REX) ("Orex" ) announces that it has granted 200,000 incentive stock options to consultants and a director to purchase 200,000 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 accepts the resignation today of director Joseph Drescher. Orex thanks [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 5, 2014) - Orex Minerals Inc. (TSX VENTURE:REX) ("Orex") is pleased to announce completion of an airborne geophysical survey at its Los Crestones precious metal project, Sinaloa, Mexico. The 4,168 hectare helicopter-borne radiometric and magnetic survey was flown at 50m line spacing by MPX Geoservices Ltd. Data are being processed and results are expected in the coming [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 3, 2014) - Orex Minerals Inc. - (TSX VENTURE:REX) ("Orex"), is pleased to announce that the 2014 diamond drilling program will begin in May on the Coneto Gold-Silver Project in Durango State, Mexico. The program will consist of approximately 10,800 metres in 28 holes, located in five areas on the Coneto property. A technical committee, with representation of both Orex and [...]
Orex Minerals is pleased to announce that it has closed another private placement, issuing 1,342,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $335,500, which brings the combined total raised in March to $5,000,000 with all financings. Each Unit consists of one common share and one half of a common share purchase warrant. Each whole warrant will be exercisable for one common share [...]
Orex Minerals is pleased to announce that it has closed the final tranche of its private placement announced on February 27, 2014, issuing 10,000,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $2,500,000. Each Unit consists of one common share and one half of a common share purchase warrant. Each whole warrant will be exercisable for one common share of the Company at $0.30 for a [...]
Orex is pleased to announce that it has closed the first tranche of its private placement announced on February 27, 2014, issuing 8,658,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $2,164,500. Each Unit consists of one common share and one half of a common share purchase warrant. Each whole warrant will be exercisable for one common share of the Company at $0.30 for a period of 24 [...]
Orex Minerals Inc. is pleased to announce that it has entered into an agreement with M Partners Inc. to act as lead Agent in respect of a best efforts private placement offering of up to 20,000,000 units of the Company at a price of $0.25 per Unit for gross proceeds of up to $5,000,000. Each Unit will consist of one common share and one half of a common share purchase
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 3, 2014) - Orex Minerals Inc. (TSX VENTURE:REX) ("Orex") announces that, pursuant to a joint venture purchase and termination agreement (the "Agreement"), it has completed the purchase of the remaining 40% of the Jumping Josephine project, located in British Columbia, Canada, from Kootenay Silver Inc. (the "Transaction"). Through its wholly owned subsidiary, [...]
Orex President of Orex, Gary Cope, of Suite 1130, 1055 W Hastings Street, Vancouver BC, announces that he has beneficial ownership of, and control and discretion over, directly or indirectly through 683192 B.C. Ltd., 9,975,000 common shares, or approximately 13.92% of the issued and outstanding common shares of Orex. If Mr. Cope exercises all of the 2,098,400 warrants owned, and the 1,090,000 options owned, he will have [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 17, 2014) - Orex Minerals Inc. (TSX VENTURE:REX) ("Orex" ) announces that it has granted 300,000 incentive stock options to investor relations firm Frontier Consulting Ltd. at an exercise price of $0.25 per share and with a five year term. The options will vest at 25% per quarter over the next twelve months and will be fully vested by January 17, 2015. Orex has also granted [...]