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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

Post by SouthernTierTomon Oct 07, 2021 8:22am
114 Views
Post# 33978943

Bullbored program or "not", it's really that "obvious" ; - )

Bullbored program or "not", it's really that "obvious" ; - )

Almost "too fare", but 5 cent BoD doling is still possible

With so much control here the SP is kind of meaningless.  Options could have been done much, much lower but were NOT.  The "shares for service" program at a shaggy CAD beaver has been maintained nicely though.  I'm curious to see what happens when the fella crank up the ole Evinrude here...the stock intrigues me and the decade long bullboard program makes it even more interesting...Hmmmm??

The 6 cent water-tread is a "real head-scratcher" ; - )

WELL PLAYED Sir Charles...now you've "cut yur deal" let's move this Canadien gem!

Metalex grants options to buy 2.13 million shares

 

2021-06-30 22:33 ET - News Release

 

Mr. Chad Ulansky reports

METALEX ANNOUNCES OPTION GRANT

In accordance with its stock option plan, Metalex Ventures Ltd. has granted an aggregate of 2.13 million options to certain directors, officers, employees and consultants of the company. The options are exercisable at a price of eight cents and have a term of seven years expiring June 30, 2028. The options also vest in their entirety at the end of five years, provided that if an optionee ceases to be a bona fide service provider prior to the vesting of options, a pro rata portion of such optionee's options shall vest, and the rest shall be cancelled


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