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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 Oregonduckon Jul 29, 2020 11:56am
90 Views
Post# 31337572

Deferred Share Units

Deferred Share UnitsThey are a different class of security under reporting standards. DSU's are rights or "phatom shares" not options. They would only be issued when the directors/insiders are either carried out in a box or tossed out on their behind

Chief Glenn do own 1.6 million options at the range of 6 cents to 15 cents and not 5 cents. He holds no shares. Always dump the cheap shares granted for services rendered (debt) as soon as he gets them.



Bullboard Posts