VANCOUVER, July 24, 2015 /CNW/ - Orex Minerals Inc. – (REX: TSX-V) reports that it has applied to the TSX Venture Exchange to extend the term of the warrants issued in connection with its September 13, 2013 private placement, currently expiring September 13, 2015. Warrants to purchase 4,114,300 common shares at a price of $0.30 per share will be extended to expire on September 13, 2017, subject to TSX Venture Exchange approval.
ABOUT OREX MINERALS INC.
Orex Minerals Inc. (TSX-V: REX) is a Canadian-based junior exploration company comprised of highly qualified mining professionals. The Company has several current projects: the Barsele Gold Project in Sweden, now a joint venture with Agnico Eagle Mines Ltd., the Los Crestones Gold-Silver-Copper Project in Sinaloa, Mexico and the Jumping Josephine Gold-Silver Project in British Columbia, plus the Coneto Gold-Silver Project in Durango, Mexico, which is currently under option to Fresnillo plc.
ON BEHALF OF THE BOARD OF DIRECTORS
This news release may contain forward-looking statements including but not limited to comments regarding the extension of the expiry date of the warrants. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements and Orex undertakes no obligation to update such statements, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Orex Minerals Inc.
For further information: Orex Minerals Inc. at (604) 687-8566, email firstname.lastname@example.org or visit our website at www.orexminerals.com