Articles Tagged "CSE:PSE"

1514341 Ontario Inc. Intends to Acquire 1 Million Pasinex Resources Shares

Zinc – Pasinex Resources Limited (CSE:PSE) reported that 1514341 Ontario Inc. intends to acquire 1,000,000 common shares at $0.11 per share and 500,000 warrants to acquire common shares of the Issuer at a price of $0.18 per share expiring two years from closing. Following the transaction, 1514341 Ontario Inc. will own 12,358,500 common shares representing 15.88% of the outstanding common shares of Pasinex.

Pasinex Resources’ Shareholders Re-Elect Directors and Approve Resolutions at AGM

Zinc – Pasinex Resources Limited (CSE:PSE,FWB:PNX) reported results from its recent annual general and special meeting, held on November 13, 2014. The following director nominees were elected to the Board: Larry Edward Seeley, Steven Williams, Sven Olsson, John Barry, Jonathan Challis, Victor Wells and Joachim Rainer; Dr. Larry Seeley and Mr. Joachim Rainer were appointed new directors. The following resolutions were also approved: appointment of MNP LLP Chartered Accountants, as auditors; adoption of new Articles of Incorporation of the Company; and approval of the 2014 Stock Option Plan.

Pasinex Resources Provides Update on DSO Production and Drilling at Pinargozu

Zinc – Pasinex Resources (CSE:PSE) provided an update on ore production and exploration at its Pinargozu Property, in Adana, Turkey. Exploration results have shown that a significant volume of lower grade mineralisation is present close to high grade mineralisation at Pinargozu. This phenomenon has not been observed at the adjoining Horzum mine.

CSE Top 5: Murchison Minerals Extends Cloridorme Acquisition

On the Canadian Stock Exchange, Murchison Minerals was the top stock by trading volume for the second week in a row, followed by Prescient Mining Corp., Pasinex Resources Limited, Hi Ho Silver Resources Inc. and Matica Graphite Inc..