Tantalex Resources Corp. , is pleased to announce that the contemplated transaction, previously announced in its press release dated July 16, 2018, regarding the assignment to its wholly owned Congolese subsidiary Buckell SAS, of a 65% participation in a joint venture entity named Société des Tailings de Manono , that itself now owns the PER 13698 , was successfully completed. The PER 13698 was duly [...]
Tantalex Resources is pleased to announce that its 90% owned subsidiary Buckell SAS has entered into an assignment agreement to acquire Mines d’Or Resources 65% participation in a joint venture entity to which will be transferred the PER 13698 . PER 13698 grants exclusive rights to mine the tailings of the historical Manono-Kitotolo mine for lithium, tin and tantalum. The new entity will be named [...]
Tantalex Resources announces that it has agreed to enter into various agreements pursuant to which Tantalex will settle $967,813 of debt through the issuance of 6,452,086 units based on an agreed issue price of $0.15 per unit , each Unit being comprised of one common share in the share capital of Tantalex and one common share purchase warrant exercisable at a price of $0.18 for a period of 36 months from the date of [...]
TORONTO and MUNICH, Germany, April 25, 2018 -- Tantalex Resources Corp. , is pleased to announce that the first hole of a 2,000-metre drilling program at its Buckell Lithium project, has intercepted multiple, parallel spodumene-bearing pegmatite bodies totalling 99.5 metres in apparent thickness. Multiple pegmatite sections were intersected in hole BMDD001 on the contact between a schistose and granite unit. Note the [...]
TORONTO and MUNICH, Germany, March 29, 2018 -- Tantalex Resources Corp. , is pleased to announce that a Phase 1 drilling program has begun at its Buckell Lithium project, located in the Manono-Kitotolo region of the DRC. This first phase of drilling consisting of 2,000 metres will be targeting the northeastern part of the property that lies on strike with the Kitotolo pegmatite. In previous exploration work including [...]
TORONTO, March 01, 2018 -- TANTALEX Resources Corporation , announces that the board of Directors has approved, as of March 1st, 2018, the issuance of 10,800,000 options to purchase common shares of the Corporation to the current Directors, Officers and Consultants of the Corporation, all exercisable at a price of $0.17 for a period of five years, subject to the Corporation's stock option plan and to regulatory approval [...]
TORONTO and MUNICH, Germany, Feb. 21, 2018 -- Tantalex Resources Corp. , is pleased to announce the completion of 27 exploration pits and the receiving of assay results from the first 10 pits of an exploration program targeting the extension of the Kitotolo pegmatite within the northeastern part of the Buckell property. Pits were excavated in an area showing a prominent potassium anomaly within the Manono pegmatite [...]
TORONTO and MUNICH, Germany, Feb. 20, 2018 -- Tantalex Resources Corp. , is pleased to announce that it has completed a non-brokered private placement financing for gross proceeds of $2,500,000 through the issuance of 25,000,000 units at $0.10 per Unit, as more fully described below, with Ruihua Investment Company Limited. The gross proceeds from the Offering will be used by the Corporation for general working capital [...]
Tantalex Resources Corp. , announces that it has completed a non-brokered private placement financing raising gross proceeds of $2,430,000 through the issuance of 24,300,000 units at $0.10 per Unit. Each Unit consisted of one common share in the share capital of TANTALEX and one common share purchase warrant of TANTALEX. Each Warrant entitles its holder thereof to acquire one common share of TANTALEX at an exercise price [...]
Tantalex Resources Corp. , is pleased to announce that they have received the final geophysical maps from the airborne magnetic and radiometric surveys flown over the entire 920km2 of its Buckell Lithium Project , located in the Manono-Kitotolo region of the DRC . Initial interpretation of the results had indicated that the major SW geologic trend which hosts the lithium bearing spodumene pegmatites known as Manono and [...]
Tantalex Resources Corp. , is pleased to announce that the Company has been accepted as a new member to the Tantalum-Niobium International Study Center, more commonly known as T.I.C. Tantalex is the second of only two Canadian companies and the first Canadian Company with holdings in Africa to have this membership, making the Company a pioneer in Africa's resource sector . T.I.C. membership is composed of companies from [...]
Tantalex Resources Corp. , is pleased to announce that Nico Scholtz is joining Tantalex as Vice President, Exploration. Mr Scholtz is a geologist with more than 15 years of experience delineating and managing mineral exploration and near production projects in Africa, South America and China. He serves as a Competent - and Qualified Person under the JORC, SAMREC and NI-43-101 codes with sufficient experience in the style [...]