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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
Comment by nanaimo16on May 28, 2017 2:49pm
92 Views
Post# 26293738

RE:Use SEDI -> "public acces" to confirm - interesting indeed!!

RE:Use SEDI -> "public acces" to confirm - interesting indeed!!
Dead wrong, with the volume of shares held this will end up Private.

Existing shareholders will get a penny over exisiting average share price.

See this many times.

Check out ERX as an example where Sentinet group held over 90% of stock. ERX is in process of going private giving shareholders a pitance compared to a once $300million market cap when stock was Marengo before the name change.

Forget about MTX, its a big dud.
Bullboard Posts