Post by
momo14 on Oct 19, 2020 8:56am
$OROX Nobody going to sell with this huge news!
its time to buy!! 1. Ecuador Assets Spin Out (FREE shares in a new company) To pursue a strategy of maximizing shareholder value through disciplined project development and accretive transactions, the Company is evaluating the potential of spinning out its Ecuadorian assets. The planned corporate reorganization would create two listed companies focused respectively on the development of projects in Peru and in Ecuador. The intention of the reorganization would be to allow the company to better allocate resources and deploy capital, while unlocking additional value for its shareholders. 2. Peru (Company ready to buy NEW asset. Has $millions in cash. Production targets) In Peru, the Company is currently completing the strategic review of advanced stage gold exploration, development and production targets. Due to management and advisors of Oro X having significant experience in Peru the company plans to increase its exposure in one of the world's top gold mining jurisdictions. 3. Coriorcco gold project exploration near (great historic numbers) The 2021 exploration program will focus on systematically sampling and surveying the Coriorcco Dome to expand and increase the confidence of previous results. The first step will be a soil geochemical sampling program that will target visible epithermal veins and step out to delineate additional veins that may be hidden below surficial quaternary deposits. The Company will also run an Induced Polarization (IP) plus magnetometry geophysical surveys across the Dome to define vein structures below the surface and generate targets for the maiden drill program. 4. Company ready to spread world. Remember Paul Matysek is IN. $3.2 billion value created before in other companies. Metals Investor Forum The Company will be participating in the upcoming virtual Metals Investor Forum conference to be held on November 5, 2020. As part of the conference, Mr. Luis Zapata, CEO of Oro X, will give a company update and will also participate in a live Q&A session for conference attendees. Native Ads Engagement Oro X has entered into a 12-month programmatic digital advertising campaign for a total cost of US$150,000. The campaign includes, but is not limited to: content creation, web development, media buying and distribution, advertising development, and campaign reporting and optimization. A budget of US$112,500 from this payment will be allocated for digital advertising, paid distribution, and media buying and US$37,500 will be allocated for production, professional services and management fees over the campaign period. Neither Native Ads nor any of its directors and officers own any securities of Oro X. https://www.oroxmining.com/news/oro-x-provides-corporate-update/