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Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 0.0
MIX On Other Exchanges
Symbol
Exchange
Venture
As of 3:34 PM 04/30/15 All times are local (Market data is delayed by at least 15 minutes).

micrex development corp (MIX) Snapshot

Open
C$0.02
Previous Close
C$0.02
Day High
C$0.02
Day Low
C$0.02
52 Week High
03/13/15 - C$0.05
52 Week Low
10/16/14 - C$0.01
Market Cap
884.1K
Average Volume 10 Days
14.8K
EPS TTM
C$-0.0070
Shares Outstanding
58.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for MICREX DEVELOPMENT CORP (MIX)

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micrex development corp (MIX) Details

Micrex Development Corporation, an exploration stage company, explores and evaluates mineral properties in Canada and the United States. It has interest in precious metal, industrial minerals, and rare earth properties located in Alberta, Quebec, British Columbia, and New Mexico. The company primarily focuses on St. Charles de Bourget deposit, which is located near Saguenay, Québec and contains magnetite, ilmenite, apatite, rare earth oxides, and vanadium oxide; and Saint-Alexis-des-Monts Quarry that is located west of Trois-Rivières, Québec and contains granite blocks and stone products. Micrex Development Corporation was founded in 1987 and is based in Edmonton, Canada.

Founded in 1987

micrex development corp (MIX) Top Compensated Officers

Founder, Chief Executive Officer, President, ...
Total Annual Compensation: C$150.0K
Chief Financial Officer and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

micrex development corp (MIX) Key Developments

Micrex Development Corp., Annual General Meeting, Nov 05, 2014

Micrex Development Corp., Annual General Meeting, Nov 05, 2014., at 10:30 US Mountain Standard Time. Location: Norton Rose Fulbright Canada LLP, 3700 Devon Tower. Agenda: To receive the financial statements of the corporation for the year ended August 31, 2013 together with the report of the auditors thereon; to elect directors of the corporation for the ensuing year, as described in the information circular accompanying this notice; to appoint auditors of the corporation for the ensuing year and to authorize the Board of Directors to fix the auditors' remuneration; and to consider and, if thought fit, to pass an ordinary resolution approving the corporation's existing stock option plan; and to transact such other business as may properly come before the Meeting or any adjournment or adjournments thereof.

Micrex Development Corp. Announces Acquisition of Quebec Granite Property

Micrex Development Corp. announced that it has closed its previously announced acquisition of a 100% interest in a granite claim located near Saint-Alexis-des-Monts, Quebec. The property is comprised of one claim covering approximately 88 acres and has operated as a quarry for a number of years. The company has agreed to pay $780,000 for the property, of which $150,000 was paid on closing and $100,000 to be paid in 1,000,000 treasury shares at a deemed price of $0.10 at closing. In addition $100,000 will be paid on each of the second, third, fourth and fifth anniversary dates of closing and $30,000 will be paid on the sixth anniversary date. Micrex shall have the right to elect annually to pay part or all of each annual payment in treasury shares at the then current market price. In addition, the vendor will receive a production royalty of 20% of net sales to be paid quarterly until such time as a total of $100,000 has been paid. The company has raised $300,000 in 3 year notes, principally from insiders, which will carry a 5% interest rate plus a 5% sales royalty on sales from the granite quarry until repaid, and then a 2% royalty until the company repurchases the royalty for a total of $300,000. $150,000 of these funds were used to acquire the granite property, with the balance going toward working capital.

Micrex Development Corp., Annual General Meeting, Nov 16, 2013

Micrex Development Corp., Annual General Meeting, Nov 16, 2013., at 09:00 US Mountain Standard Time. Location: Chateau Nova, 159 Airport Road. Agenda: To receive the financial statements of the corporation for the year ended August 31, 2012 together with the report of the auditors thereon; to elect directors of the corporation for the ensuing year, as described in the information circular accompanying this notice; to appoint auditors of the corporation for the ensuing year and to authorize the Board of Directors to fix the auditors' remuneration; and to consider and, if thought fit, to pass an ordinary resolution approving the corporation's existing stock option plan; and to transact such other business as may properly come before the Meeting or any adjournment or adjournments thereof.

 

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