Orex Minerals Inc. announces that it has granted an aggregate of 3,425,000 incentive stock options to directors, officers, and consultants to purchase up to 3,425,000 common shares in the capital of Orex. The incentive stock options have an exercise price of $0.10 per share, expire five years from the date of grant, and vest immediately. As a result of this option grant, Orex has 11,850,000 stock options outstanding [...]
Orex Minerals is pleased to announce that the Company has completed a private placement financing to raise gross proceeds of $800,000 from the sale of 8,000,000 units at a price of $0.10 per unit, with each unit consisting of one common share and one-half of one warrant. Each whole warrant is exercisable for one common share for a period of two years at a price of $0.15 per share. Certain insiders of the Company [...]
Orex Minerals is pleased to announce that the Company intends to undertake a private placement financing to raise gross proceeds of up to $1,000,000 from the sale of up to 10,000,000 units at a price of $0.10 per unit, with each unit consisting of one common share and one half warrant. Each whole warrant is exercisable for one common share for a period of two years at a price of $0.15 per share. The Company expects that [...]
Orex Minerals is pleased to announce that they have entered into an agreement with Pan American Silver through its subsidiary Plata Panamericana SA de CV , regarding the Sandra Escobar Project, in northern Durango, Mexico. Pan American has recently acquired all of the interests of Canasil Resources Inc. in the Sandra Escobar Project, including the rights and obligations of Canasil under the 2015 agreement between Orex and [...]
Orex Minerals is pleased to announce that Geotech Ltd. has been selected to fly an airborne geophysical survey over the San Luis del Cordero Project in Durango, Mexico. This project is a skarn and epithermal vein hosted silver-copper-zinc district, located 155 kilometres northeast of the City of Durango in the Mesa Central of northcentral Mexico. Orex's President, Gary Cope says, "The importance of skarn-style [...]
Orex Minerals Inc. -- , is pleased to announce that fieldwork has commenced on the San Luis del Cordero Project in Durango, Mexico. This project is a skarn and epithermal vein hosted silver-copper-zinc district, located 155 kilometres northeast of the City of Durango in the Mesa Central of northcentral Mexico. Orex has an option to acquire 100% interest in the project from Exploraciones del Altiplano S.A. de C.V. , as [...]
VANCOUVER, Jan. 26, 2018 /CNW/ - Orex Minerals Inc. -- is pleased to announce that it has entered into an option agreement with Exploraciones del Altiplano, S.A. de C.V. to acquire a 100% interest in the San Luis del Cordero Project in Durango, Mexico . Orex previously issued a press release announcing the signing of a letter of intent with respect to the Transaction on December 4, 2017. The Property is a skarn and [...]
VANCOUVER, Dec. 19, 2017 /CNW/ - Orex Minerals Inc. – , is pleased to announce that they have signed a non-binding letter of intent with Canasil Resources Inc. – and Pan American Silver Corp. – through its subsidiary Plata Panamericana SA de CV to advance exploration in the Sandra Escobar Mining Camp, northern Durango State, Mexico. Gary Cope, President of Orex states, "We are very pleased to bring in a respected and [...]
VANCOUVER, Dec. 4, 2017 /CNW/ - Orex Minerals Inc. -- , is pleased to announce that they have signed a Letter of Intent with Exploraciones del Altiplano SA de CV to acquire 100% of the San Luis del Cordero Project in Durango, Mexico. This project is a skarn and epithermal vein hosted silver-copper-zinc district, located 155 kilometres northeast of the City of Durango. Orex's President, Gary Cope says, "Acquisition of the [...]
VANCOUVER, Sept. 14, 2017 /CNW/ - Orex Minerals Inc. -- (TSX-V: REX -- OTCQX: ORMNF) ("Orex") was made aware earlier today that Canasil Resources Inc. (TSX.V: CLZ or "Canasil") has been named in a lawsuit brought by Pan American Silver Corp. ("Pan American") with the BC Supreme Court regarding the mineral claims making up the Sandra Escobar Project (the "Project") in Durango state, Mexico. As announced on January 16 [...]
Orex Minerals is pleased to announce that Alex Peter Tsakumis has joined the company as Vice President of Corporate Development. Mr. Tsakumis is a seasoned executive in the mining space with over twenty-five years' investment experience with private and public companies. Prior to joining Barsele, Mr. Tsakumis was the Vice President of Corporate Development at Timmins Gold Corp. for nine years, where he played a pivotal [...]
Orex Minerals announces that it has granted an aggregate of 2,950,000 incentive stock options to directors, officers, and consultants to purchase up to 2,950,000 common shares in the capital of Orex. The incentive stock options have an exercise price of $0.17 per share, expire five years from the date of grant and vest immediately. As a result of this option grant, Orex has 10,730,000 stock options issued, representing [...]
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