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Fairmont Completes 150,000 Euro Deposit for Grabasa Asset Purchase

  • Discussions with potential lenders ongoing
  • Company expects signed letter of intent for debt financing in the coming week
  • US market for dimensional stone, which includes granite and marble, was more than US$2.5 billion in 2014

Chinese Acquisition Of Major Lithium Mine In Quebec Provides A Big Boost To Fairmont Lithium Property

  • Chinese State Enterprise Makes Major Lithium Acquisition
  • 41.5 Million Tonnes Lithium Oxide Measured & Indicated
  • Chinese To Invest ~ $200 Million To Put Into Production
  • Contiguous To Fairmont Lithium Property Acquired May 26 

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Message: Oremex Commits to Increased "Pure Silver" Focus

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Oremex Gold Funding Raised From $3M to $5M - Good Sign

posted on Mar 22, 11 09:03AM

In the company's March 1 press release, it stated:

"The proposed spin-out will be accomplished through a transaction with a capital pool company (CPC) and the resulting issuer is expected to be renamed Oremex Gold Inc. Oremex Gold plans a concurrent $3 million equity financing via private placement."

Good to see that has now been bumped to $5M. Have to conclude demand was stronger than expected, which is a good sign.

I'm long Oremex Resources ... Soon to be Oremex Silver .... Which will own a significant chunk of Oremex Gold.



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