ALX Resources Corp V.AL

Alternate Symbol(s): ALXEF

ALX Resources Corp. is a diversified mineral exploration company engaged in exploring a portfolio of mineral properties in Canada, which include uranium, lithium, nickel-copper-cobalt and gold projects. Its uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project, and others. It also owns 100% interests in the Firebird Nickel Project, the Flying Vee Nickel/Gold and Sceptre Gold projects, Blackbird Project, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. It owns a 50% interest in eight lithium exploration properties, collectively known as the Hydra Lithium Project, located in the James Bay region of northern Quebec, Canada, a 100% interest in the Anchor Lithium Project in Nova Scotia, Canada, and others.

TSXV:AL - Post by User

ALX Resources Corp

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Post by d2dgwon Jan 11, 2017 11:48am

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Post# 25694170

Denison is rallying! Great for ALX shareprice!

ALX owns 7.5 million shares of DML......., November 7, 2016 ALX Uranium Corp. (ALX or the Company) (TSXV: AL; FSE: 6LLN; OTCQX: ALXEF) is pleased to announce that further to its news release of October 13, 2016, it has closed the sale to Denison Mines Corp. (Denison) (TSX: DML, NYSE MKT: DNN) of an 80% ownership of the entire Hook-Carter property (Hook-Carter, or the Property) in exchange for the issuance of 7.5 million common shares of Denison. Under the terms of the sale, ALX will retain a 20% interest in the Property and Denison agrees to fund ALXs share of the first CAD$12M in expenditures under a joint venture to be formed.

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Advancing flagship Ishkõday Gold Project in Ontario