ALX Resources Corp ALXEF

Primary Symbol: V.AL

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.

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ALX Resources Corp > 66% up at the opening

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Comment by Troyhorseon Sep 05, 2024 9:40am

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RE:RE:66% up at the opening

Under the terms of the LOI, each common shareholder of ALX (each, an “ALX Shareholder”) will receive 0.045 common shares of Greenridge (each whole such common share, a “Greenridge Share”) in exchange for each ALX common share held (each, an “ALX Share”) (collectively, the “Exchange Ratio”). The Exchange Ratio implies an offer price of C$0.036 per ALX Share6

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