Silver X Mining Corp. and Mines and Metals Trading PLC are pleased to announce that, further to the Company's press releases dated February 11, 2021, March 1, 2021, March 19, 2021, April 16, 2021 and May 19, 2021, they have closed their previously announced business combination. The Company is now led by CEO Jose Garcia and Executive Chairman Luis Zapata along with an experienced board and Lead Advisor Paul Matysek [...]
Silver X Mining Corp. is pleased to announce that effective June 18, 2021 it has changed its name from "Oro X Mining Corp." to "Silver X Mining Corp.". The Company's trading symbol will be changed to AGX starting June 18, 2021. The Name Change is a condition precedent to the previously announced business combination between the Company and Mines and Metals Trading PLC . The parties expect the Transaction to close shortly [...]
Oro X Mining Corp. and Mines & Metals Trading PLC are pleased to announce that in connection with the previously announced business combination between the Company and MMTP, Oro X has agreed to advance a US$120,000 bridge loan to MMTP. The Loan will be secured through a pledge of all the shares of a wholly-owned MMTP subsidiary. MMTP will use the proceeds of the Loan to continue exploration and development drilling at the [...]
Oro X Mining Corp. and Mines & Metals Trading PLC are pleased to provide an update on their previously announced business combination to form "Silver X Mining". The parties have received the conditional acceptance from the TSX Venture Exchange for the Transaction and are diligently working to satisfy the Exchange's requirements for final approval. The Transaction is expected to close in June of 2021. In addition, the [...]
Oro X Mining Corp. and Mines & Metals Trading PLC are pleased to announce that MMTP Finco has closed its previously announced "best-efforts" private placement of subscription receipts at a price of $0.60 per Subscription Receipt for total gross proceeds of $14,189,571. Each Subscription Receipt will automatically convert into one common share in the capital of MMTP Finco upon the satisfaction of the Escrow Release [...]
Oro X and Latitude Silver have engaged Echelon and Red Cloud as lead agents for best-efforts private placement Will raise minimum $14,000,000 at $0.60 per Subscription Receipt Financing is condition of Oro X and Latitude Silver merger Oro X Mining Corp. and Mines and Metals Trading PLC are pleased to announce the price of the previously announced "best-efforts" private placement of subscription receipts of MMTP Finco Inc [...]
Oro X Mining Corp. and Mines and Metals Trading PLC are pleased to announce that they have entered into an engagement letter with Echelon Wealth Partners Inc. and Red Cloud Securities Inc., as co-lead agents in connection with a "best-efforts" private placement of subscription receipts of MMTP Finco Inc. , a wholly-owned subsidiary of MMTP. The Offering is expected to have aggregate gross proceeds of a minimum of [...]
Oro X Mining Corp. and Mines and Metals Trading are pleased to announce the signing of a business combination agreement. Pursuant to the Business Combination Agreement, Oro X will acquire 100% of the issued and outstanding shares of MMTP. With a team led by CEO Jose Garcia, Executive Chairman Luis Zapata, and Lead Advisor Paul Matysek, Silver X will be Latin America's next low-cost silver producer. The combination of Oro [...]
Luis Zapata, CEO, Oro X Mining Corp. , shares his company's story in an interview with TMX Group. The C-Suite at The Open video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide insight into how company executives think in the current business environment. To see the latest C-Suite at The Open videos visit [...]
Oro X Mining Corp. is pleased to announce it has signed a landmark surface rights agreement with local communities that will allow for unrestricted exploration and development of the Coriorcco project for 6 years. In return, the Company will provide scholarships and materials for local students, utilize local labour whenever possible, support local agriculture capacitation, and make three CAD $60,000 payments to the [...]
Program will include IP survey and sampling across Coriorcco Dome 2021 exploration program is a key step towards establishing an initial resource estimate at Coriorcco Work to commence first week of February 2021 Oro X Mining Corp. is pleased to announce it has begun mobilizing geological and geophysical teams to commence the 2021 Coriorcco exploration program. Geologists and geophysicists are expected to arrive on site [...]
Oro X Mining Corp. is pleased to announce the Company's common shares have begun trading on the OTC Pink Open Market in the United States under the symbol "WRPSF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "OROX" as well as the Frankfurt Stock Exchange under the symbol "WPZB". The Company is pleased to report that its shares are also now eligible for electronic [...]