Nickelex Resource Corp NKLXF

Primary Symbol: V.NICK

Nickelex Resource Corporation, formerly Valterra Resource Corporation, is a Canada-based resource group company. It is engaged in providing exploration, administration, and corporate development services for its operations. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties. Its 100%-owned porphyry/shear-hosted Cu-Au-Ag Swift Katie property is located approximately seven kilometers (km) south-west (SW) of the village of Salmo, British Columbia (BC). The property consists of over 19 contiguous MTO mineral claims, which covers an area of approximately 83 square km. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba (the licenses). The four licenses are located 30 km north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. The Company, through Pilar Gold Inc. and Laiva Gold Inc., has operations in Brazil and Finland.

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Nickelex Resource Corp > Pilar/Laiva Gold spinout - Valterra

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Comment by moorageon Jul 11, 2023 11:35am

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Post# 35535504

RE:RE:RE:Pilar/Laiva Gold spinout - Valterra

One more thing caught my eye: PilarGold shares were last valued at $1.00. VQA is known to own 4,000,000 shares.

VQA market cap as of today around $1,350,000

Pilar Gold is pleased to announce that it has entered into a Definitive Agreement whereby Pilar Gold will acquire all of the shares of Otso Gold Oy for a consideration of US$1.5m in cash, a 2.5% royalty on future Laiva production, 30 million common shares in Pilar Gold at a deemed price of C$1.00 per share.

https://us20.campaign-archive.com/?u=75f8f1dffefc127e675e5b881&id=285d7a85f8

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