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Fokus Mining Corp V.FKM

Alternate Symbol(s):  FKMCF

Fokus Mining Corporation is a Canada-based mineral resource company. The Company is in the business of acquiring, exploring and developing mining properties and it holds interests in properties at the exploration stage located in Canada. The Company’s Galloway Gold Project is located along the Cadillac-Larder Lake Fault. The Galloway project consists of three mining concessions and 95 claims covering a total area of 2,668 hectares. Galloway property is less than 30 kilometers (km) west of the Rouyn Noranda mining district and is accessible via Trans-Canada Highway 117. The Galloway property is the result of the amalgamation of the Hurd, Ogima Nord, Renault Bay, Sandborn, Perron, Cadillac, Francoeur and Lac Fortune claims blocks. Together, they cover a 3 km wide corridor of gold bearing structures over a total length of 10 km along the Larder-Lake-Cadillac Break (LLCB).


TSXV:FKM - Post by User

Bullboard Posts
Comment by goldspinneron Jun 07, 2017 4:39pm
94 Views
Post# 26337455

RE:RE:Fieldex Exploration Signs Letter of Intent for Reverse Take-

RE:RE:Fieldex Exploration Signs Letter of Intent for Reverse Take-I am under the understanding that we as present shareholders of FLX will receive BOTH Shares of the newly named FLX which is spun out of Idenergie, AND shares of Idenergie...the % and # of shares allotted will help determine the value of shares which we currently own at the halted share price of 18.5 cents? Idenergie was a private company which through FLX if it completes this reverse takeover, will become listed as a public company... There will be a special meeting and vote by FLX shareholders, following a circular regarding this type of information regarding this outcome...After which, the trading halt would be lifted upon application and trading resumption would occur, both of the new public company Idenergie, And the newly named FLX. FLX under its new name will resume its exploration under this spun out company, and will retain its resource holdings, continuing with its exploration etc... I have not gone through a letter of intent for a reverse takeover previously...Simply going on a basic reading of both the NR yesterday and the website for idenergie....hope this helps in the meantime, and please correct any misinterpretations of FLX moving forward into its new form....
Bullboard Posts