Re: Argex announces $7.5 million brokered placement of convertible debentures

Highly prospective exploration company

Resource projects cover more than 1,713 km2 in three provinces at various stages, including the following: hematite magnetite iron formations, titaniferous magnetite & hematite, nickel/copper/PGM, chromite, Volcanogenic Massive and gold.

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MaCloud

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Re: Argex announces $7.5 million brokered placement of convertible debentures

in response to

Argex announces $7.5 million brokered placement of convertible debentures

luker

posted on Jun 18, 2014 09:52PM

I wonder why Argex hasn't yet considered buying-out Fancamp with their ~20M shares.

2% NSR on the La Blache Deposit for the first 2 years of production rising to 4% NSR thereafter, buyback up to 50% NSR for $1.5 M advance royalty of $100,000 a year beginning at the end of year 3 (October 30th 2012).

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