| Orex Exploration Inc.: Prolongation of the Delay to Close the Private Placement | |
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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 $0.05 per share, valid for a three-year period. Insiders of the Corporation may subscribe for more than 25% of the offered units. The subscribed securities will be subject to a hold period of four months from the closing date. This private placement is subject to the final approval of the TSX Venture Exchange. Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. The statements made in this news release that are not historical facts are `forward-looking statements, and readers are cautioned that any such statements are not guarantees of future performance and that actual developments or results may vary materially from those in these "forward-looking" statements.
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Orex Exploration Inc.
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EXPLORATEUR |
CODE : OX.V |
ISIN : CA3019211026 |
CUSIP : 301921 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Orex Expl. est une société d’exploration minière d'or basée au Canada. Son principal projet en exploration est GOLDBORO au Canada. Orex Expl. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 11,1 millions CA$ (10,0 millions €). La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 0,35 CA$, et son plus bas niveau récent le 15 janvier 2016 à 0,01 CA$. Orex Expl. possède 202 550 000 actions en circulation. |