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Metalex Ventures Ltd V.MTX

Alternate Symbol(s):  MXTLF

Metalex Ventures Ltd. is a Canada-based company engaged in the acquisition, exploration and development of mineral properties. The Company’s principal projects are located in Quebec and northern Ontario (U2), Canada. Its overseas projects are located in South Africa, Morocco and Mali. Its projects include Wemindji James Bay Property, Kyle Lake Property, Viljoenshof Diamond Project and James Bay Lowlands Property. It has a 100% earned interest in mineral claims located in the Kyle Lake area of Ontario, located approximately 200 kilometers (km) west of James Bay in Northern Ontario and about 80 km west of De Beers’ Victor Mine. It also has an interest in various mineral claims located in the Wemindji James Bay region of Quebec for the exploration of diamonds and owns 100% of the non-diamond project. It also has a 100% interest in certain mineral claims in the James Bay Lowlands area of Northern Ontario. It has a 70% interest in the Viljoenshof Diamond Project in South Africa.


TSXV:MTX - Post by User

Bullboard Posts
Post by somweyungguyon Nov 18, 2016 9:29am
125 Views
Post# 25479952

Shares for services update..

Shares for services update..I had assumed that Noaln and Weiburg were employees of the company receiving shares in leiu of cash.  In fact, they are both directors, getting options priced at the market for their contribution/work on the BoD.  This is all fine.  I have learned a lot about the proces and am especially glad to learn about Chief Glenn Nolan ( joined BoD in 2008 ), what an interesting and accomplished man, a real asset to our BoD

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Bullboard Posts