Bullboard - Stock Discussion Forum MINFOCUS EXPLORATION CORP V.MFX

Metals & Mining Industrial Metals & Minerals

"Minfocus Exploration Corp is a Canada-based company. It is involved in industrial metals and minerals business sector. The company is focused on the advancement of a portfolio of zinc projects in British Columbia. It mines for zinc, platinum, and nickel minerals. The company’s project consists of Coral zinc project, Peregrine project, Myst Metals Nickel project, and Nipigon Reefs PGE project... see more

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TSXV:MFX - Post Discussion

MINFOCUS EXPLORATION CORP > News Out!

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Post by Rick111 on Feb 07, 2018 4:06pm

News Out!

03:28 PM EST, 02/07/2018 (MT Newswires) -- Greenbank Capital said Wednesday afternoon that it has agreed to acquire 19.62% of Minfocus Exploration (MFX.V) in an off-market private transaction.

Greenbank will issue 220,000 common shares at $1.30 each to former Minfocus director Gerald Harper, in exchange for 14.3 million common shares of Minfocus at $0.02 each.

Minfocus shares were at $0.025 when they halted trading on the TSX Venture Exchange on Wednesday afternoon.

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Comment by GenHandgrenade on Feb 08, 2018 12:21pm

Ok. Greenbank has taken about half of Harpers 41% MFX shares. I am betting that Greenbank are the same guys that were trying to do the reverse takeover a awhile back that was rejected by the board. Googling Greenbank makes for some interesting reading. This could get real interesting in a hurry. Buckle in its a rollercoaster.

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