Metalex Ventures Ltd V.MTX

Alternate Symbol(s): MXTLF

Metals & Mining Industrial Metals & Minerals

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.

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Metalex Ventures Ltd > Shares-for-Debt Approved

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Comment by SouthernTierTomon Jan 09, 2021 10:33am

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Post# 32261034

RE:Shares-for-Debt Approved

I like the timing and the current value of the meaningless share price.

Charles is our man, but in order to remain the public man he likely wishes to be.....taking his loan back at 8.5 cents whilst the company is valued at about 9 cents is just "good optics" ... like say Jenny selling out all her CD paper in the $6 range.

ALL abord...this puppy is going much, much higher - IMHO..of coarse!

T

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