orex minerals inc (REX:Venture)
Transactions by OREX MINERALS INC (REX) in the last 6 months
Agnico Eagle Mines Limited (NYSE:AEM) entered into a letter of intent to acquire 55% stake in Barsele Gold Project from Orex Minerals Inc. (TSXV:REX) for $10 million on February 23, 2015. Agnico will pay $6 million on closing of the transaction and $2 million on each of the first and second anniversaries of closing of transaction. Completion of the transaction is subject to Agnico's confirmatory due diligence, the execution of a definitive joint venture agreement, the ...
Orex Minerals Inc. (TSXV:REX) announced a non-brokered private placement of 4,800,000 common shares at CAD 0.25 per share for gross proceeds of CAD 1,200,000 on January 15, 2015. The transaction is subject to certain conditions including TSX Venture Exchange approval. The transaction is scheduled to close on or about January 19, 2015. All securities to be issued in the transaction will be subject to a four month and one day hold period from the date of closing.
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