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Bullboard - Stock Discussion Forum 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... see more

TSXV:MTX - Post Discussion

Metalex Ventures Ltd > Hip Hip, Hooray!!
View:
Post by Oregonduck on May 13, 2022 10:51pm

Hip Hip, Hooray!!

The two independent directors are being awarded Deferred Share Units (DSU's) of 150,000 each at 5 cents every quarter. The two directors have done a great job for the Co and deserved to have over 5 million DSU's @ $0.05 accrued to their name.

The DSU's will be immediately vested for shares or cash payment made in kind at a deemed price of $0.05 solely at their election upon termination as a director or death.

Chuck, please don't fire the two old guys for doing such a fine job enriching the poor shareholders. Hope they are in fine health and will live forever and not about to croak. Heaven can wait.

Happy shareholders, Happy Life.
Comment by coolshivers on May 14, 2022 8:26am
did an outstanding job in Attawapiskat. Probably should of doubled up on the liquor to get it done. At least claim 5 is near a highway and the lake has been likely netted dry years ago.
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