StrategX Elements Corp. is pleased to announce Marcio Fonseca has been appointed to the Board of Directors of the Company as an independent director and the new Chair of the Company's Audit Committee effective immediately. Darren Bahrey, President and CEO, stated, "On behalf of the Company we are excited to have Mr. Fonseca join the Board. His appointment further enhances our board by adding business development, capital [...]
StrategX Elements Corp. , is pleased to announce the successful completion of its previously announced $4,500,000 charity flow-through private placement . No warrants or finder's fees were issued or paid in conjunction with this financing. The Charity FT Financing, closed on June 24, 2024, involved the issuance of 15,000,000 common shares priced at $0.30 per share, generating gross proceeds of $4,500,000. These funds will [...]
StrategX Elements Corp. held the annual general meeting of its shareholders on June 24th, 2024. All resolutions at the AGM were unanimously approved, including: setting the number of directors at four, re-appointing Darren Bahrey, Ryan McEachern, Paula Caldwell St-Onge and David Haig as directors of the Company; and re-appointing Crowe MacKay LLP, Chartered Professional Accountants, as auditor of the Company. 21,634,317 [...]
StrategX Elements Corp. , announces that it proposes to undertake an up to $4,500,000 non-brokered private placement of flow-through shares to be sold to charitable purchasers at a price of $0.30 per Charity FT Share. The gross proceeds received from the sale of the Charity FT Shares will be used for work programs on the Company's exploration properties. All securities issued and sold under this financing will be subject [...]
StrategX Elements Corp. , announces its intention to complete a non-brokered private placement of up to 15,000,000 common shares at a purchase price of $0.10 per Share to raise gross proceeds of up to $1,500,000. The proceeds received from the sale of the Shares will be used to fund a drill program on the Company's Nagvaak Property and for general working capital purposes. When issued, the Shares will be subject to a [...]
StrategX Elements Corp. , announces it has closed a non-brokered private placement previously announced on March 26, 2024, and has issued 2,900,000 common shares for gross proceeds of $290,000. In connection with the financing, the Company paid a total of $12,000 as finder's fees. All shares issued under the private placement are subject to a hold period expiring September 4, 2024, in accordance with applicable securities [...]
StrategX Elements Corp. , intends to complete a non-brokered private placement of up to 5,000,000 common shares at a purchase price of $0.10 per share to raise gross proceeds of up to $500,000. The shares will be offered to qualified purchasers in reliance upon exemptions from prospectus and registration requirements of applicable securities legislation. A finder's fee may be paid to eligible finders in connection with [...]
StrategX Elements Corp. reports a 45.6-metre drill core interval within the identified 6-kilometre mineralized corridor rich in critical metals, which shows great potential in all directions. This interval is located 4 kilometres from the initial discovery drill hole which returned 58 metres of 2.63% copper equivalent as detailed in our previous press release . Furthermore, preliminary results have returned significant [...]
StrategX Elements Corp. announces a transition in leadership with the departure of Andrea Yuan from her role as Chief Financial Officer to pursue other endeavours. Ms. Yuan was instrumental in navigating the Company through its IPO process and subsequent listing on the CSE. The Board and CEO would like to thank Andrea for her efforts and contributions over the past few years. Ryan McEachern, a director of the Company and [...]
StrategX Elements Corp. is pleased to announce a considerable advancement reporting additional positive assay results for surface rock samples and drill core from its 100%-owned Nagvaak property. This confirms the discovery of additional zones of critical metals on surface and at depth. These results expand the length of the mineralized corridor to over 6 kilometres and correlate well with previously interpreted [...]
StrategX Elements Corp. announces that it has closed the first tranche of its previously announced non-brokered private placement . Under the First Tranche, the Company has issued 440,000 flow-through shares for gross proceeds of $110,000, and 300,000 non-flow-through share units for gross proceeds of $60,000. In connection with the First Tranche, the Company paid a total of $6,000 as finder's fees. All securities issued [...]
StrategX Elements Corp. , intends to complete a non-brokered private placement to raise gross proceeds up to $1,000,000 . The Offering will be comprised of a combination of flow-through common shares to be sold at $0.25 per FT Share, and non-flow-through units to be sold at $0.20 per NFT Unit. Each NFT Unit will be comprised of one non-flow-through common share and one common share purchase warrant entitling the holder to [...]