Metalex Ventures Ltd.

Metalex Ventures announces that it will undertake a non-brokered private placement to raise gross proceeds of up to $350,000. The Offering will be comprised of flow through shares priced at $0.05 per FT share. Proceeds from the sale of the FT Shares will be used to finance qualified exploration on the Company's claim blocks in its 100% owned Quebec project. This news release does not constitute an offer to sell or a [...]

Metalex Ventures is pleased to report that drilling has commenced at its 100% owned A5 claim block in Quebec. This is the maiden drill program on the project. Whilst initially planned to take place in 2022 the Company felt it prudent to complete geological mapping of the claim block and detailed heavy mineral sampling to assist in targeting the drill program. Drilling will initially test five conductive targets detected [...]

Metalex Ventures announces that it has granted an aggregate of 312,500 deferred share units to two independent directors at a deemed price of $0.048 per DSU. The DSUs were granted in consideration for services provided by the directors for the quarter ended April 30, 2023. The DSUs were granted under the Company's Deferred Share Unit Plan adopted on October 11, 2022. The DSUs vest one year from the date of grant, subject [...]

Metalex Ventures announces that it has granted an aggregate of 1,000,000 deferred share units to two independent directors at a deemed price of $0.06 per DSU. The DSUs were granted in consideration for services provided by the directors for the quarters ended April 30, 2022, July 31, 2022, Oct 31, 2022 and Jan 31, 2023. The DSUs were granted under the Company's Deferred Share Unit Plan adopted on October 11, 2022. The [...]

Metalex Ventures announces that it received shareholder approval at the Company's November 24, 2022 annual general meeting, a new deferred share unit plan for non-employee directors. The DSU Plan provides for the grant of deferred share units to non-employee directors. A maximum of 10% of the outstanding common shares of the Company, less any shares set aside under the Company's other share based compensation arrangements [...]

Metalex Ventures announces that, further to news releases on November 22, 25, 28 and 29, 2022 announcing a private placement, the Company has closed the final tranche of the Offering, resulting in proceeds of $1,137,020. The Final Tranche consisted of the issuance of 18,117,000 flow through units and 1,000,000 non flow through units. The FT Units were issued at $0.06 per FT Unit and are comprised of a flow through share [...]

Metalex Ventures announces that, further to its news releases of Nov 22, Nov 25 and Nov 28, 2022 announcing a private placement, the Company has closed the first tranche of the Offering and has received $1,142,100 by the issuance of 19,035,000 flow through units. The FT Units were issued at $0.06 per FT Unit and are comprised of a flow through share and one-half of a non-flow through warrant. Each whole warrant entitles [...]

Metalex Ventures announces that, further to its news releases of Nov 22 and Nov 25, 2022, it has further increased its Offering to a total of $2,267,100 from the previously announced $2,000,000. All other aspects of the Offering remain as disclosed in the November 22nd news release. Signed, Charles Fipke Charles Fipke Chairman Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the [...]

Metalex Ventures announces that, further to its news release of November 22, 2022, it has increased its Offering to up to a total of $2,000,000 from the previously announced $600,000. All other aspects of the Offering remain as disclosed in the November 22nd news release. Signed, Charles Fipke Charles Fipke Chairman Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy [...]

Metalex Ventures announces that it will undertake a non-brokered private placement to raise gross proceeds of up to $600,000. The Offering will be comprised of a combination of flow through units and non-flow through units . The FT units will be priced at $0.06 per unit, with each FT unit comprised of one flow through share and one-half warrant; the Units will be priced at $0.05 per unit, with each Unit comprised of one [...]