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Last €0.10 EUR
Change Today +0.004 / 4.21%
Volume 0.0
As of 3:55 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

orex minerals inc (OV2N) Snapshot

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52 Week High
09/16/14 - €0.28
52 Week Low
07/8/15 - €0.09
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orex minerals inc (OV2N) Details

Orex Minerals Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Mexico, Sweden, and Canada. It primarily explores for gold, silver, and copper metals. The company’s flagship project is the Barsele Gold project located near Storuman, Västerbottens Län, Sweden. Its properties also include the Los Crestones Gold-Silver project in Sinaloa, Mexico; the Jumping Josephine Gold-Silver project in British Columbia; and the Coneto Gold-Silver project in Durango, Mexico. The company was incorporated in 1996 and is headquartered in Vancouver, Canada.

Founded in 1996

orex minerals inc (OV2N) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: --
Chief Financial Officer and Director
Total Annual Compensation: --
Compensation as of Fiscal Year 2014.

orex minerals inc (OV2N) Key Developments

Orex Minerals Inc. and Agnico Eagle Mines Limited Complete Joint Venture Transaction on Orex's Barsele Project

Orex Minerals Inc. announced that it has closed the joint venture transaction with Agnico Eagle Mines Limited with respect to the development of Orex's Barsele Project located in Sweden previously announced by Orex on February 23, 2015. Pursuant to the Transaction, Agnico Eagle acquired a 55% interest in the corporate entity which owns the Project in consideration of an initial payment to Orex of USD 6 million, with an additional USD 2 million payable by Agnico Eagle in cash or shares at Agnico Eagle's election to Orex on each of the first and second anniversaries of the closing.

Orex Minerals Inc. Obtains $600,000 Loan from Agnico Eagle Mines Limited

Orex Minerals Inc. obtained a $600,000 loan from Agnico Eagle Mines Limited. Principal and interest on the loan is payable on the earlier of April 24, 2016, and the closing date of the proposed transaction with Agnico. Orex expects the transaction to close in May.

Orex Minerals Inc. Provides an Update Regarding its Barsele Gold Project Located in Sweden

Orex Minerals Inc. provided an update regarding Orex's Barsele Gold Project located in Sweden. On April 21, 2015, Orex received decisions from the Mining Inspectorate in Sweden granting the renewal of three important mineral exploration permits at the Barsele Gold Project. Orex also obtained a $600,000 loan from Agnico Eagle Mines Limited. Principal and interest on the loan is payable on the earlier of April 24, 2016, and the closing date of the proposed transaction with Agnico previously Orex expects the transaction to close in May.


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