Metalex announces sale of James Bay Lowlands metal claims
25 October 2019 - 11:05PM
PR Newswire (Canada)
KELOWNA, BC, Oct. 25, 2019 /CNW/ - Metalex Ventures
Ltd. (TSXV:MTX) (the "Company") announces that it has
reached an agreement with an arms-length private entity to sell the
Company's 62.5% interest in certain metal focused mineral claims in
the Ring of Fire region of the James Bay Lowlands, Ontario (the "Claims"). As
consideration the Company is to receive 2,780,000 common shares
(valued at $278,000) which is
approximately a 29% ownership interest in the private entity.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Metalex Ventures Ltd.
Copyright 2019 Canada NewsWire
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