VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 15, 2014) - Orex Minerals Inc. - (TSX VENTURE:REX) ("Orex"), is pleased to announce that it has compiled all available historical data from the Los Crestones Project 100km north of the Sinaloa state capital, Culiacán, Mexico. Work included analysis of previously sampled but not assayed intervals from diamond drilling by the previous owner. Work has now begun on the 2014 exploration programme which is planned to include surface mapping, sampling and trenching and air/ground geophysics in preparation for a campaign of diamond drilling. Community negotiations are continuing and expected to run in parallel with the exploration work. Los Crestones Project The Project was acqui... [...]
Orex Minerals is pleased to announce that it has retained Frontier Consulting part of the FronTier Merchant Capital Group for Investor Relations Services. FronTier is an experienced and reputable Investor Relations group that is based in Toronto, Canada. FronTier will assist the company by increasing market awareness for Orex utilizing a number of financial market communications and initiatives. They will also facilitate [...]
Orex Minerals Inc. announces that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of CAD $1,686,600. The Offering consisted of 6,786,400 units at a price of $0.25 per unit, with each unit consisting of one common share and one-half of a transferrable common share purchase warrant. Each whole Warrant will be exercisable for one
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 21, 2013) - Orex Minerals Inc., (TSX VENTURE:REX) ("Orex") announces further to its October 3, 2013 news release that it has closed the amended Barsele acquisition with Northland Exploration Sweden AB ("Northland"). Pursuant to Orex's agreement with Northland described in its October 3, 2013 release, Northland has been issued a total of 7,500,000 common shares of Orex which [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 7, 2013) - Orex Minerals Inc. - (TSX VENTURE:REX) ("Orex"), is pleased to announce that additional trenching and reconnaissance channel sampling have extended the target for over 1.6 kilometres strike-length on the Impulsora structures of the Coneto Gold-Silver Project in Durango, Mexico. Results from the northernmost 380 metres were released on 20 August 2013. The following [...]
Orex announces that it has entered into an agreement with Northland Exploration Sweden AB to amend the terms of the March 22, 2011 Share Sale Agreement pursuant to which Orex acquired the Barsele Gold Project in Sweden. The original Barsele Agreement provided that Orex was to pay Northland US$5 million in cash over a period of two years and US$3.5 million in shares over a period of four years in consideration for Orex's [...]
Orex Minerals announces that it is undertaking a non-brokered private placement for gross proceeds of up to $5,000,000. The Offering consists of up to 20,000,000 Units of the Company at a price of $0.25 per Unit. Each Unit will consist of one common share and one half of a transferrable common share purchase warrant. Each whole Warrant will be exercisable for one common share at $0.30 for a period of 24 months from [...]
Orex Minerals announces that it has completed the non-brokered private placement described in its news release of September 10, 2013, issuing a total of 8,228,600 units at a price of 25 cents per unit for total gross proceeds of $2,057,150. 5,547,900 of the units sold were flow-through units. Each unit consists of one common share of Orex and one-half of a share purchase warrant. Each whole warrant is exercisable into one [...]
Orex announces a non-brokered private placement financing of 2,680,700 Units of the Company at a price of $0.25 per Unit for gross proceeds of $670,175. Each Unit will consist of one common share and one half of a common share purchase warrant. Each whole Warrant will be exercisable for one common share at $0.30 for a period of 24 months from closing. Orex also announces a private placement financing of 5,547,900 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 20, 2013) - Orex Minerals Inc. (TSX VENTURE:REX) ("Orex") is pleased to announce that the results from additional trench channel sampling along a 380 metres strike-length of the Impulsora structure have been received on the Coneto Gold-Silver Project in Durango, Mexico. A technical committee, with representation of Orex and its project partner Fresnillo Plc (LSE:FRES [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 10, 2013) - Orex Minerals Inc. (TSX VENTURE:REX) ("Orex") is pleased to announce that the results from trench channel sampling along a 750 metres strike-length of Loma Verde and an 850 metres strike-length of Santo Niño structures have been received 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 the Coneto exploration program. Trench SN-9 yielded an intercept of 3.45 metres grading Au 6.79 g/t and Ag 279 g/t for a gold-equivalent of 11.86 g/t, or a silver-equivalent of 652 g/t. Tren... [...]
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 [...]
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