Adex Mining Inc V.ADE

Alternate Symbol(s): ADXDF

Metals & Mining Industrial Metals & Minerals

Adex Mining Inc. is a Canadian junior mining company. The Company is focused on developing its flagship Mount Pleasant Mine Property, a multi-metal project that is host to promising tungsten-molybdenum and tin-indium-zinc mineralization. The Company holds 100% of the subsurface mineral rights to approximately 1,600 hectares encompassing the Mount Pleasant mine area of New Brunswick, Canada approximately 60 km south of Fredericton approximately 100 km northwest of deep seaport facilities located at Saint John. The Company, through its subsidiary, Adex Minerals Corp., holds claims under Prospecting License 14338. Within the mineral rights area, the Company owns approximately 405 hectares of land. Also, within the mineral rights area there are two distinct poly-metallic mineral deposits, the Fire Tower Zone (FTZ) and the North Zone (NZ). The principal metals include tungsten and molybdenum in the FTZ and tin, indium and zinc in the NZ.

TSXV:ADE - Post by User

Adex Mining Inc

Bullboard Posts

Comment by jwblueon Aug 20, 2014 6:06pm

120 Views

Post# 22862452

RE:RE:RE:Adex Mining Announces Obtaining Loan

alteridem wrote: So if I understand the current situation:

Jan-2015, Adex is required to pay in full the last loan plus interest amount of $1 080,000 to Great Harvest.
Now another payment in the amount of $1,080,000 is due to GH in Aug-2015.

The first loan may not be required to be payed by January 2015.

That would mean If the loan is not payed by January it will accrue additional interest.

Bullboard Posts

Air Canada stock rises as service from Ottawa grows