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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 Oregonduckon Aug 12, 2022 5:41pm
219 Views
Post# 34892993

Fipke direct and indirect ownership

Fipke direct and indirect ownershipFipke holds 13 million shares indirectly under 0974052BC where he bought those shares yesterday and today at the open market.

"...Fipke directly and indirectly held 45,114,924 common shares and 500,000 options of the Company (the “Options”) representing 37.45% of the outstanding shares of the Company (assuming exercise of the Options). Following the Debt Settlement and closing of the Final Tranche, Dr. Fipke held 77,967,865 common shares of the Company representing 41.94% of the outstanding shares of the Company (assuming exercise of the Options)."
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