Pasinex Resources Ltd.

Pasinex Resources Ltd. previously announced that due to logistics and delays caused by the COVID-19 pandemic, the Company was relying on the British Columbia Securities Commission’s blanket order BCI 51-515 to postpone the filing of its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019. In response to the COVID-19 pandemic, the Commission and other securities [...]

Pasinex Resources Ltd. today announced that due to logistics and delays caused by the COVID-19 pandemic, the Company is relying on the British Columbia Securities Commission’s blanket order BCI 51-515 to postpone the filing of its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019. In response to the COVID-19 pandemic, the Commission and other securities regulatory [...]

Pasinex Resources Ltd. today announced that they have approved the issuance of 1,500,000 incentive stock options of the Company to Chief Financial Officer, Mr. Andrew Gottwald. The options are exercisable at a price of $0.04 per share for a period of two years from the issue date of February 11, 2020. Steve Williams, President and CEO of Pasinex, commented, “I am very pleased that Mr. Gottwald is our CFO as he [...]

Pasinex Resources Ltd. today reported financial results for the third quarter of 2019. As expected, production from Horzum AS was lower than the prior year and combined with lower realized zinc prices in 2019, consolidated net income was lower than it was 2018. Adjusted consolidated net income for the nine months ended September 30, 2019, was approximately $2.5 million. Consolidated net loss for the nine months ended was [...]

Pasinex Resources Ltd. announces that they have reached an agreement with Cypress Development Corp. and Caliber Minerals Inc. to change the terms relating to the earn-in option agreement on the Spur zinc exploration property in Nevada, USA. The agreement changes the date of the $100,000 USD option payment to December 11th, 2019 and defers the 2019 exploration obligations into 2020, bringing the exploration obligations to [...]

Pasinex Resources Ltd. today reported financial results for the second quarter of 2019. As expected, production from Horzum AS was lower than the prior year and combined with lower realized zinc prices in 2019, consolidated net income was lower than it was in 2018. Adjusted consolidated net income for the six months ended June 30, 2019 was approximately $1.5 million. Consolidated net loss for the six months ended was [...]

Pasinex Resources Ltd. announced today the appointment of Mr. Andrew Gottwald as Chief Financial Officer. Steve Williams, President and Chief Executive Officer of Pasinex, commented, “I am very pleased that Mr. Gottwald has joined us as CFO as he brings a wealth of relevant experience to the company. I look forward to working with Mr. Gottwald particularly as we continue to work with the challenges in our Turkey [...]

Pasinex Resources Ltd. announced today that Wendy Kaufman, Chief Financial Officer and Corporate Secretary, has advised the Company that she will resign from the organization to pursue another opportunity. Steve Williams, President and Chief Executive Officer of Pasinex, commented, “On behalf of the Board of Directors and the Pasinex team, I want to thank Wendy for her commitment and leadership she has demonstrated [...]

Pasinex Resources Ltd. today reported financial results for the first quarter of 2019. As expected, production from Horzum AS was lower than the prior year and combined with lower realized zinc prices in 2019, consolidated net income was lower than 2018. Adjusted consolidated net income for the first quarter of 2019 was $0.5 million. Consolidated loss for the year was $0.2 million reflecting the impact of a $0.5 million [...]

Pasinex Resources Ltd. today reported financial results for the full year and fourth quarter ended December 31, 2018. On February 15, 2019 the Company reported solid operating results from Horzum AS that drove strong revenue, gross margins and adjusted equity gain from Horzum AS for the year. Adjusted consolidated net income for 2018 was $2.8 million. Consolidated loss for the year was $8.4 million reflecting the impact [...]