Re: Boxxer announces issuance of shares under the Empire Project Option Agreement

Welcome To The ExGen Resources HUB On AGORACOM

The Company is focused on the discovery and development of large polymetallic porphyry copper deposits in North America - an area that host numerous world class polymetallic porphyry copper deposits.

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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kahuna1

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Re: Boxxer announces issuance of shares under the Empire Project Option Agreement

in response to

Boxxer announces issuance of shares under the Empire Project Option Agreement

skyaki

posted on Jan 23, 2014 08:49AM

This amounts to a short term loan with interest of 40K @.04/share and begins to delay the cash problem BXX faced when it took over Konnex. The delayed payment schedule accomodates the BXX purchase of Konnex. Delaying this until mid 2015 pushes the clock back but does little to solve the longer term option purchase problem. At some point BXX will have to pay the man or issue more shares the gain full control of the Empire Mine option from Musgrove.

Is there a master plan? Musgrove must see value in the 1M share chunk of Boxxer they just earned. Is ES betting at some point in the future BXX will either have the cash or enough value in shares to purchase the option outright? Is there something brewing that could inject a bit "o" cash (sale of a property) or is there more share dilution at hand? Will BXX rise in the coming months and ultimately find away to pay for this option?

BXX is spread so thinly but has many favourable properties under its control. ES wants Empire and is busy formulating a plan to ensure he gets it. The BXX management team (Konnex) is in place and is helping to get the ES ducks in a row. As well these guys now have some serious skin in the game. Following thier interest in BXX is most wise IMO.

Remaining postive and still a buyer.

Something has to give to the upside.

More and plentiful postive news to come IMO.

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