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Last C$0.02 CAD
Change Today +0.005 / 50.00%
Volume 8.5K
ADE On Other Exchanges
As of 1:20 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

adex mining inc (ADE) Snapshot

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52 Week High
04/2/14 - C$0.03
52 Week Low
12/2/14 - C$0.0050
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adex mining inc (ADE) Details

Adex Mining Inc. engages in the exploration and development of mineral resource properties in Canada. The company holds 100% of the subsurface mineral rights to approximately 1,600 hectares comprising the Mount Pleasant mine area of New Brunswick, Canada. It primarily explores for tin, indium, zinc, molybdenum, and tungsten. The company is headquartered in Toronto, Canada.

adex mining inc (ADE) Top Compensated Officers

Chairman, Interim Chief Executive Officer, In...
Total Annual Compensation: C$225.0K
Interim Chief Financial Officer
Total Annual Compensation: C$12.0K
Compensation as of Fiscal Year 2013.

adex mining inc (ADE) Key Developments

Adex Mining Inc., Annual General Meeting, Nov 10, 2014

Adex Mining Inc., Annual General Meeting, Nov 10, 2014., at 10:00 US Eastern Standard Time. Location: the offices of Bennett Jones LLP. Agenda: To receive the audited consolidated financial statements of the corporation for the fiscal year ended December 31, 2013; to receive the unaudited condensed consolidated interim financial statements of the corporation for the three and six months ended June 30, 2014; to re-appoint PricewaterhouseCoopers LLP as auditors of the corporation and to authorize the directors to fix the remuneration of the auditors; to elect directors; to consider and, if thought fit, approve a resolution re-approving the corporation's rolling stock option plan; to consider amendment to the exercise price of all issued and outstanding stock options granted under the corporation's stock option plan prior to December 31, 2013; to consider amendment to the exercise price of all issued and outstanding stock options granted under the corporation's stock option plan on December 31, 2013; and to transact such further and other business as may properly come before the meeting or any adjournment thereof.

Adex Mining Inc. Obtains Additional Loan of Up to $1,000,000 from Great Harvest Canadian Investment Company Limited

Adex Mining Inc. announced that it has entered into a loan agreement with Great Harvest Canadian Investment Company Limited to provide an unsecured loan of up to $1,000,000. The Loan can be advanced in one or more installments. The outstanding amount of the Loan is repayable on August 15, 2015 without any deduction or withholding. The company may make early repayment of the Loan at any time prior to the Maturity Date without any prepayment penalty. The Loan will accrue interest at a rate of 8% per annum, with the accrued interest to be paid at the time of the repayment of the Loan. The Loan is in addition to the unsecured $1,000,000 loan provided by Great Harvest to the company earlier the year 2014. The Loan will be used, among other things, for the preparation of a prefeasibility report on the economic evaluation of the resources in the North Zone and the Fire Tower Zone on the Mount Pleasant Mine Property of the Company in New Brunswick and for working capital purposes.

Adex Mining Inc. Auditor Raises 'Going Concern' Doubt

Adex Mining Inc. filed its Annual on Apr 08, 2014 for the period ending Dec 31, 2013. In this report its auditor, PricewaterhouseCoopers LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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