Silvore Fox Minerals (SFX - TSX.V)
Shares Outstanding: 162.4 million
Fully Diluted: 183.3 million
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Silvore Fox has halted trading. The reason given: Company request pending news.
The halt is separate from the news issued yesterday after market close (April 11, 2011) when Silvore Fox announced that it recently expanded its Winston Lake property, located just outside of Thunder Bay, Ontario. The additional claims will give Silvore Fox 9,536 hectares of claims in the area, which is known for its zinc, copper, gold and silver.
View the map below for details.
Harold Cabrita, President and CEO of Silvore Fox used this opportunity to explain that the significance of the Winston Lake transaction goes beyond the land package itself: "The option agreement for Winston Lake is the first transaction we have closed since the signing of a strategic partnership agreement with Beijing Donia Resource Co. Ltd ("Donia") on November 17, 2010. It marks an important time in our company's history as we begin the transition from a provincial organization to what we expect will become a multi-property company with operations in Canada and internationally."