| Orex Exploration Inc.: Prolongation of the Delay to Close the Private Placement | |
| | |
|
MONTREAL, CANADA--(Marketwired - May 26, 2014) - OREX EXPLORATION INC. (TSX VENTURE:OX) ("Orex" or "the Corporation") - The Corporation announces that it has extended to July 10, 2014 the proposed non-brokered private placement of units for a maximum amount of $500,000. Each unit will comprise one common share of the Corporation at a price of $0.05 and one whole common share purchase warrant, at an exercise price of $0.05 per share, valid for a three-year period. Insiders of the Corporation may subscribe for more than 25% of the offered units. The subscribed securities will be subject to a hold period of four months from the closing date. This private placement is subject to the final approval of the TSX Venture Exchange. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. The statements made in this news release that are not historical facts are `forward-looking statements, and readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking" statements.
|
|
|
Orex Exploration Inc.
|
|
EXPLORATION STAGE |
CODE : OX.V |
ISIN : CA3019211026 |
CUSIP : 301921 |
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Orex Expl. is a gold exploration company based in Canada. Its main exploration property is GOLDBORO in Canada. Orex Expl. is listed in Canada. Its market capitalisation is CA$ 11.1 millions as of today (€ 10.0 millions). Its stock quote reached its highest recent level on December 29, 2006 at CA$ 0.35, and its lowest recent point on January 15, 2016 at CA$ 0.01. Orex Expl. has 202 550 000 shares outstanding. |