Margaux Resources is pleased to announce that it has satisfied the TSX Venture Exchange's conditions for approval of the Company's previously announced option agreement dated November 8 with Sultan Minerals in respect of the Jersey-Emerald Tungsten-Zinc Property, located in southeastern B.C. The Company is also pleased to announce that it has filed a NI 43-101 compliant technical report in respect of the Property which is [...]
Margaux is pleased to announce that it has closed its previously announced non-brokered private placement. The Corporation issued 2,000,000 common shares in the capital of the Corporation to exempt buyers on a private placement basis at a price of $0.15 per Common Share for aggregate proceeds of $300,000. Margaux expects to use the proceeds of the Private Placement towards its anticipated capital program related to its [...]
Margaux Resources is pleased to announce that it has commenced a non-brokered private placement to raise up to $300,000. The Corporation will issue up to 2,000,000 common shares in the capital of the Corporation to exempt buyers on a private placement basis at a price of $0.15 per Common Share. Margaux expects to use the proceeds of the Private Placement towards its anticipated capital program related to its Jersey [...]
Margaux Resources announces that it has issued 1,075,000 stock options to certain directors, officers and employees of the Company in accordance with the Corporation's shareholder approved stock option plan. The stock options are exercisable at $0.10 per share, expire in five years and vest as to one-third immediately and one-third on each of the first and second anniversaries of the date of granting.
Margaux is pleased to announce that it has entered into an amendment to its previously announced option agreement dated November 8, 2013 with Sultan Minerals in respect of the Jersey-Emerald Tungsten-Zinc Property, located in southeastern BC. The Amendment provides for an extension in the timeframe to make the installment payments required under the original Option Agreement to account for the delay the Company [...]
Margaux Resources is pleased to announce that it has completed the second tranche of its previously announced non-brokered public offering of common shares issued at a price of $0.08 per share. The Corporation issued an additional 4,750,000 shares at closing for aggregate gross proceeds of $380,000. Total proceeds raised under the offering were $750,000. The securities issued under the private placement are subject to a [...]
Margaux is pleased to announce that it has completed the first tranche of its previously announced non-brokered public offering of common shares issued at a price of $0.08 per share. The Corporation issued 4,625,000 shares at closing for aggregate gross proceeds of $370,000. The securities issued under the private placement are subject to a resale restriction period of four months and one day.
Margaux Resources is pleased to announce that it has entered into an option agreement dated November 8, 2013 with an arms-length third party, Sultan Minerals, a British Columbia company, for the acquisition of 100% of the Jersey Emerald Tungsten-Zinc Property, located in southeastern B.C. With the purchase of the Property, Margaux intends to switch its strategic focus to the exploration and development of the Property.
Margaux Resources is pleased to announce that it has commenced a non-brokered private placement offering for up to $750,000. The Corporation will issue up to 9,375,000 common shares to exempt buyers on a private placement basis at a price of $0.08 per Common Share. Proceeds from the Private Placement will be used to further the Corporation's operations and for general working capital purposes. The Private Placement is [...]
Margaux Resources is pleased to announce the approval of the proposed consolidation of its issued and outstanding common shares on a basis of 10 pre-consolidation shares for each post-consolidation share at the special meeting of Shareholders held today. At the Meeting, the Consolidation received the approval of greater than 99% of the Shareholder votes cast at the Meeting.
Margaux Resources would like to correct its press release on August 19, 2013 to clarify that the special meeting of shareholders of the Corporation will be held on August 22, 2013, at 10:00 a.m. at the offices of Burnet, Duckworth & Palmer LLP, #2400, 525-8th Ave SW.
Margaux Resources announces that at the special meeting of shareholders of the Corporation to be held on August 23, 2013, Shareholders will be asked to consider and approve a potential consolidation of the issued and outstanding common shares of the Corporation on a basis of up to 10 pre-consolidation shares for each post-consolidation share, or such lesser ratio that the board of directors of the Corporation (the [...]
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