|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0250 - 0.0250|
|52 Week Range||0.0100 - 0.0300|
|Beta (3Y Monthly)||0.22|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
ROUYN-NORANDA, Québec, Oct. 22, 2019 (GLOBE NEWSWIRE) -- Explor Resources Inc. (“Explor” or the "Corporation") (TSX-V: EXS, OTCPK: EXSFF, FSE & BE: E1H1) announces that it has amended the terms of the secured convertible debentures in the principal aggregate amount of $1,300,000 (the “Convertible Debentures”) that mature on November 28, 2019. The Convertible Debentures, issued on November 28, 2018, bear interest at an annual rate of 8%, are secured by the Corporation’s Timmins Porcupine West Property and have a maturity date of November 28, 2019.
ROUYN-NORANDA, Quebec, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Explor Resources Inc. (“Explor” or the "Corporation") (TSX-V: EXS, OTC PK: EXSFF, FSE & BE: E1H1) is pleased to announce the closing of a non-brokered private placement of CDN $500,000 in units (the “Private Placement”). This private placement is in connection with the Transaction with Pure Nickel Inc. which was previously announced (See Press Release dated August 22, 2019). With the terms of the Transaction, Pure Nickel has agreed to subscribe for 10,000,000 units of Explor at a price of $0.05 per unit, representing a total amount of $500,000.
ROUYN-NORANDA, Quebec, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Explor Resources Inc. (“Explor” or the "Corporation") (TSX-V: EXS, OTC PK: EXSFF, FSE & BE: E1H1) is pleased to announce that it has signed today an Amalgamation Agreement (the “Agreement”) with Pure Nickel Inc. (“Pure Nickel”) to merge the companies on a 54/46 (Explor/Pure Nickel) basis (the “Transaction”). In connection with the Transaction, Pure Nickel will issue approximately 95,198,612 common shares of Pure Nickel in exchange for all of the issued and outstanding common shares of Explor.
ROUYN-NORANDA, Quebec, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Explor Resources Inc. (“Explor” or “the Corporation”) (TSX-V: EXS, OTC PK EXSFF, FSE & BE: E1H1) announces that it is retracting the information that was provided in an article published on February 5, 2019 on the web site Metalsnews.com entitled “ Explor Resources Inc.: Gold Miner Exploring and Developing in the Historically Prolific Timmins Mining Camp in Ontario, Canada: Interview with Chris Dupont, President and CEO” and in the interview given in February 2018 by Mr. Dupont to George Tsiolis of Agoracom (together referred to as the “Information”). Part of the Information was pertaining to the exploration potential of the Timmins Porcupine West property, owned by Explor, was not presented in conformity with Section 2.3 (2) of National Instrument 43-101 Standards of Disclosure for Mineral Projects and is not confirmed by a current Technical Report complying with NI 43-101. Also, certain technical prospective data contained in the Information were pertaining to a potential mining production and are not confirmed by a current independent preliminary economic evaluation.
ROUYN-NORANDA, Quebec, July 03, 2019 (GLOBE NEWSWIRE) -- Explor Resources Inc. (“Explor” or the "Corporation") (TSX-V: EXS, OTCPK: EXSFF, FSE & BE: E1H1) announces that it has renewed at new conditions the $767,500 convertible debentures issued on April 3 and April 10, 2017 that expired on April 3 and April 10, 2019 (the “Placement”). The interests due and not paid have been included in the principal amount and the Corporation also issued a new convertible debenture for an amount of $50,000. The Placement now consists of an amount of 945,212 units at a price of $1.00 per unit (the “Units”), each Unit consisting of a capital amount of $1.00 of convertible debentures (the “Debentures”) and of 10 common share purchase warrants of the Corporation (the “Warrants”). The one-year term Debentures bear interest at an annual rate of 8% and will be secured by a security on the Corporation’s Timmins Porcupine West Property.
The option agreement sets out the general terms pursuant to which it is proposed that Puma acquires the right to earn 100% interest from Explor in the Property. The property is comprised of three mineral claims totaling 163 mineral units. The Property is located in the Northumberland County, 70 km southwest of Bathurst, New Brunswick and 50 km west-northwest of Miramichi, New Brunswick, within the Bathurst Mining Camp.