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Pasinex Resources Ltd C.PSE

Alternate Symbol(s):  PSXRF

Pasinex Resources Limited is a Canada-based mining company. The Company owns 50% of Horzum Maden Arama ve Isletme Anonim Sirketi (Horzum AS), through its wholly owned subsidiary Pasinex Arama ve Madencilik Anonim Sirketi (Pasinex Arama). Horzum AS holds 100% of the producing Pinargozu high-grade zinc mine. Horzum AS sells directly to zinc smelters and or refiners through commodity brokers from its mine site in Turkiye. It also holds a 51% interest, with an option to increase to an 80% interest of a high-grade zinc exploration project, the Gunman Project, located in Nevada. Pinargozu is located about 28 kilometers (km) north of Kozan, Turkiye in the eastern part of the Taurus Mountain range. The Gunman Project is centered on a high-grade zinc concentration near the Bald Mountain gold mine. Its Akkaya property is located 1.5 km north of the Pinargozu Mine on the Horzum Zinc Trend (HZT), a known northeast trending zinc mineralized belt of carbonate-dominated sedimentary rocks in Adana.


CSE:PSE - Post by User

Bullboard Posts
Post by Mekeon Feb 06, 2007 6:46pm
93 Views
Post# 12175322

News

NewsPacific Stratus Energy to list on TSX on Feb. 8 Pacific Stratus Energy Ltd (2) (C:PSE) Shares Issued 32,267,520 Last Close 2/6/2007 $8.05 Tuesday February 06 2007 - New Listing TSX bulletin 2007-0168 An application has been granted for the original listing in the oil and gas category of 40,764,193 common shares, of which 32,267,520 common shares are issued and outstanding, and 8,496,673 common shares are reserved for issuance. An application has also been granted for the listing of 1,911,100 common share purchase warrants Series A all of which are issued and outstanding. The common shares and Series A warrants will be listed and posted for trading at the open on Thursday, Feb. 8, 2007. The company is subject to the reporting requirements of Section 501 of Toronto Stock Exchange's company manual. Common share symbol: PSE Common share Cusip No.: 69487T 20 2 Common share trading currency: Canadian dollars Series A warrant symbol: PSE.WT.A Series A warrant Cusip No.: 69487T 30 1 Series A warrant trading currency: Canadian dollars Designated market-maker: GMP Partners LP Other markets: The common shares and the Series A warrants have been listed on TSX Venture Exchange since May 27, 1987, and July 20, 2005, respectively. The common shares and the Series A warrants will be delisted from TSX-V at the open on Feb. 8, 2007. Incorporation: The company was incorporated under the Business Corporations Act (British Columbia) on Jan. 8, 1986, as 9003 Investments Ltd. Fiscal year-end: Dec. 31 Nature of business: The company acquires and develops highly prospective oil and gas exploration areas, and continues to analyze various projects to diversify its investment, principally in Latin America but eventually intends to do so worldwide. The company has employees in Toronto, Ont., Canada; Caracas, Venezuela; and Bogota, Colombia. Transfer agent and registrar: Equity Transfer & Trust Co. at its principal office in Toronto Dividends: The company has not paid any dividends or made any other distributions in respect of its outstanding shares. Series A warrants: The Series A warrants are governed by the terms of a share purchase warrant indenture between the company and Equity Transfer Services Inc. The share purchase warrant indenture provides for appropriate adjustments to the Series A warrants in the event of stock dividends, subdivisions, consolidations and other terms of capital reorganization. Each Series A warrant entitles the holder thereof to acquire one common share at a price of $3 on or before July 20, 2007. ) 2007 Canjex Publishing Ltd.
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