Orex Minerals Inc. (TSXV:REX) signed a non-binding letter of intent to acquire Valenciana Gold-Silver Project from Exploraciones El Cairo S.R.L. de C.V. on October 3, 2023. While the LOI is non-binding, negotiation of a definitive agreement is underway at this time, and such definitive agreement is expected to include a four-month due diligence period, scaled option payments, an area of influence and a 2% production royalty ("NSR") on the original concessions, plus a 0.5% NSR on adjacent properties obtained from third party concession holders within the area of influence.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.35 CAD | 0.00% | +32.08% | +105.88% |
03-29 | Orex Minerals Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended January 31, 2024 | CI |
03-26 | Orex Minerals Inc. Announces Board Changes | CI |
1st Jan change | Capi. | |
---|---|---|
+105.88% | 5.11M | |
-14.88% | 144B | |
-4.06% | 120B | |
+0.83% | 72.4B | |
+3.81% | 49.78B | |
+10.35% | 48.26B | |
+40.74% | 42.1B | |
+26.23% | 26.86B | |
+65.91% | 26.69B | |
+53.00% | 18.27B |
- Stock Market
- Equities
- REX Stock
- News Orex Minerals Inc.
- Orex Minerals Inc. signed a non-binding letter of intent to acquire Valenciana Gold-Silver Project from Exploraciones El Cairo S.R.L. de C.V..