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ALX Resources Corp V.AL

Alternate Symbol(s):  ALXEF

ALX Resources Corp. is a diversified mineral exploration company engaged in exploring a portfolio of mineral properties in Canada, which include uranium, lithium, nickel-copper-cobalt and gold projects. Its uranium holdings in northern Saskatchewan include 100% interests in the Gibbons Creek Uranium Project, the Sabre Uranium Project, the Bradley Uranium Project, and the Javelin and McKenzie Lake Uranium Projects, a 40% interest in the Black Lake Uranium Project, and others. It also owns 100% interests in the Firebird Nickel Project, the Flying Vee Nickel/Gold and Sceptre Gold projects, Blackbird Project, and can earn up to an 80% interest in the Alligator Lake Gold Project, all located in northern Saskatchewan, Canada. It owns a 50% interest in eight lithium exploration properties, collectively known as the Hydra Lithium Project, located in the James Bay region of northern Quebec, Canada, a 100% interest in the Anchor Lithium Project in Nova Scotia, Canada, and others.


TSXV:AL - Post by User

Post by knoxton Dec 09, 2021 4:54pm
172 Views
Post# 34216276

news

news
 
ALX Resources Corp. Announces Application to Amend Warrant Terms

 

09 Dec 202116:13 ET  

Newsfile Corp

 

Vancouver, British Columbia--(Newsfile Corp. - December 9, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") announces that it has made an application to the TSX Venture Exchange (the "TSXV") to amend the term of an aggregate of 2,180,000 outstanding share purchase warrants, (the "Warrants") which were issued in connection with a non-brokered private placement (see ALX news release dated December 19, 2017). On December 29, 2017, the Company issued 2,180,000 Warrants.

In December 2019, the Company extended the term of the Warrants for an additional 24 months, to December 29, 2021. The Company is seeking to extend the term of the Warrants for an additional 12 months. The exercise price of the Warrants will remain unchanged, at $0.15 per Warrant. The application to extend the expiry date of the Warrants is subject to acceptance by the TSXV.

 

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