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.

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ALX Resources Corp

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Post by Troyhorseon Nov 10, 2024 7:19pm

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Post# 36305946

Arrangement.

Managemt Information Circular has been received.

It appears there may be some additional Canadian and USA tax consequences for AXL shareholders in this arrangement.

It appears GXP intents to reach out to the financial markets with a PP which will further dilute our 24.8 % position on this arrangement .

It appears there are many other risks for AXL shareholders on this arrangement.

It appears this arrangement only benefits GXP investors and management including WS and a Director from the side of AXL.

AXL shareholders recommend voting NO for this arrangement.

DML were are you ?

DYODD is only your money.

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