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Alexandria Minerals Corp is a Canadian based gold exploration and development company. Its project consists of Orenada, Akasaba, Sleepy, Manitoba and Ontario properties together with the Other Quebec properties. It is mainly focused on exploring the cadillac break property which is located in Val-d'Or, Quebec. The cadillac break property consists of approximately 21 contiguous projects of over... see more

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Alexandria Minerals Corp > Sell of Quebec property to O3 Mining

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Post by aulion on Jul 02, 2019 8:49am

Sell of Quebec property to O3 Mining

https://ceo.ca/@newswire/chalice-sells-its-quebec-gold-projects-for-c12-million

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Comment by Myrtlesman on Jul 02, 2019 10:31am

Hmmmmmm.... Ok, Chantrell stated they were 'well financed' with 28-30M in the kitty. So they commit that to buying AZX (actually would cost about $36M with 512M shares at 0.07/share), and now they cough up $12M (in shares) for Chalice property. I never was a fan of getting O3 shares (which I and others predict will drop like a rock once the deal is consumated), but this is ...more

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Comment by Cizastro on Jul 02, 2019 11:37am

I prefer the AEM bid as well. Having been in this stock for way too freaking long, I'm going to assume that AEM doesn't increase their bid as I'm sure our wonderful board probably pissed them off by calling this a "superior bid" and will move on to greener pastures. I really hope I'm wrong, but that would be par for the course for this dog of a stock.

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Alexandria Minerals Corp