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Nickelex Resource Corp V.NICK

Alternate Symbol(s):  NKLXF

Nickelex Resource Corporation is engaged in the acquisition, exploration, and development of natural resource properties. Its operations include Swift Katie gold/copper property and Thompson, Manitoba nickel properties, and Pilar Gold Inc. and Laiva Gold Inc. The Swift Katie gold/copper property near Salmo, British Columbia is an area that has historically hosted several important mining districts and is underlain by rocks favourable for the discovery of both copper-gold porphyry deposits and high-grade gold quartz veins. It has an option to earn up to an 80% interest in the Moak North and Wilson Mineral Exploration Licenses in the Thompson Nickel Belt (TNB), Manitoba. The four licenses are located 30 kilometers north of the Thompson Nickel Mine and cover an area of approximately 30,283 hectares. Pilar Gold Inc. and Laiva Gold Inc. have operations in Brazil and Finland. Pilar Gold operates the Pilar gold mine in Brazil. Laiva Gold owns the Laiva gold mine and mill in Finland.


TSXV:NICK - Post by User

Comment by defcon1on May 13, 2021 12:56pm
113 Views
Post# 33195288

RE:RE:Great deal for shareholders

RE:RE:Great deal for shareholdersHow do you get $825,000? VQA loaned $2.1 million in cash nevermind the fees and value of the shares?

I either see a PP at $0.05 or the Pilar shares being sold for working capital once the listing is complete.They have a US$232,000 option payment coming due on Los Reyes this summer and $1 million in debt.
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