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Mineworx Technologies Ltd. (MWX.V)

TSXV - TSXV Real Time Price. Currency in CAD
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0.0600+0.0050 (+9.09%)
As of 12:42PM EDT. Market open.
Full screen
Previous Close0.0550
Open0.0600
Bid0.0550 x 0
Ask0.0600 x 0
Day's Range0.0600 - 0.0600
52 Week Range0.0600 - 0.1800
Volume65,166
Avg. Volume249,469
Market Cap19.366M
Beta (5Y Monthly)0.67
PE Ratio (TTM)N/A
EPS (TTM)-0.0090
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est0.16
  • GlobeNewswire

    Mineworx Engages The Howard Group To Direct Capital Market Communication Programs

    SURREY, British Columbia, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV: MWX) (OTCQB: MWXRF) (FSE: YRS WKN: A2DSW3) is pleased to announce it has engaged The Howard Group as its investor relations communications advisor to direct both traditional and online initiatives targeting the investment community and retail investing groups. The Agreement is for one year effective October 09, 2020. The remuneration payable to The Howard Group will be $7,500 per month plus GST. In addition, The Howard Group has been granted options to acquire three hundred thousand (300,000) common shares of the Company at an exercise price of $0.06. These options have a term of three years and will vest as follows: 75,000 options shall vest on January 09, 2021, 75,000 options shall vest on April 09, 2021, 75,000 options shall vest on July 09, 2021, and 75,000 options shall vest on October 09, 2021. The Agreement is subject to the approval of the TSX Venture Exchange.Since 1988, The Howard Group has provided comprehensive investor outreach and capital markets programs, financing assistance, business development solutions and strategic planning to public companies.In addition, The Howard Group Inc. will be providing an ongoing commentary on Mineworx’s activities through its "Insight" blog. Interested parties are encouraged to subscribe to the commentary feed: https://howardgroupinc.com/howard-group-blog/.About MineworxMineworx is focused on employing its proprietary processes to address the massive opportunity that lies within the capture of precious metals and recycling of diesel catalytic converters.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, go to www.mineworx.netFor further information contact:MINEWORX TECHNOLOGIES LTD.Greg PenduraPresident & CEO780-800-0726greg@mineworx.netDave Burwell,Vice President, The Howard Group403-410-7907dave@howardgroupinc.com

  • GlobeNewswire

    Mineworx Closes $1 Million Financings

    Not for Distribution to United States Newswire Services or for Dissemination in the United StatesSURREY, British Columbia, Aug. 26, 2020 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV: MWX) has closed the previously announced financings for gross proceeds of $1,000,500.Non-Brokered Private PlacementThe Company has sold 11,740,000 Units for total gross proceeds of $880,500 including proceeds of $420,000 previously announced in the first tranche. Each unit is comprised of one common share of the Issuer (“Share”) and one share purchase warrant (“Warrant”).The securities issued are subject to a four month hold period from the date of issuance and the Warrants are exercisable to acquire an additional common share at a price of $0.10 expiring 48 months after issuance.The Warrants are subject to an accelerated expiry stating that if at any time, after the standard 4 month hold period, the closing price of the Company’s common shares on the TSX Venture Exchange exceeds $0.20 for any 10 consecutive days (or closing bid price on days when there are no trades), the warrant holder will be given written notice of such date and issuing a news release announcing such date, the warrants will only be exercisable for a period of 30 days following the date on which such written notice is sent to the subscribers.Non-Brokered Private Placement of 12% Unsecured Convertible DebenturesThe Company has sold 120 Units for total gross proceeds of $120,000 previously announced in the first tranche. Each Unit consists of: (a) one 12% unsecured convertible debenture (“Debentures”) in the principal amount of $1,000; and (b) 10,000 common share purchase warrants (“Warrants”). The sum of the principal amount (“Principal Amount”) of the Debentures outstanding and all accrued and unpaid Interest shall be due and payable in cash on the date that is two years following the Closing Date (“Maturity Date”).The securities issued are subject to a four month hold period from the date of closing and the Warrants are exercisable to acquire an additional common share at a price of $0.12 expiring 24 months after issuance. The Warrants shall have an acceleration provision whereby in the event that the closing price of the common shares listed on the TSX Venture Exchange have traded at $0.25 or higher for a minimum of 10 consecutive trading days (whether or not trading occurs on all such days), the Corporation shall have the right to accelerate the expiry date of the Warrants to 30 days from the date of issuance of a news release by the Corporation announcing the accelerated expiry date.The holders of the Debentures shall be entitled to convert the Principal Amount (excluding accrued but unpaid Interest), in whole or in part, into common shares of the Corporation (“Common Shares”) at a conversion price (“Conversion Price”) of $0.10 per Common Share.The Corporation shall have the right, upon 30 days prior written notice, to redeem all amounts outstanding under the Debentures at any time prior to the Maturity Date, without the requirement to pay a pre-payment penalty or other amount in respect of such right of redemption. In the event that the Corporation elects to exercise its right of redemption, each Debenture holder shall have a right to convert the Debenture.Commencing on the Closing Date, interest (“Interest”) shall accrue on the outstanding balance of the Principal Amount at the rate of 12% per annum calculated annually but not in advance. Interest shall be due and payable on the earlier of: (i) the Maturity Date; and (ii) in the event of conversion prior to the Maturity Date of the entire Principal Amount, 30 days following the conversion date.The company will not be paying any finder’s fees.The Company intends to use the proceeds from each of the Offerings for the further development of the Catalytic Converter project as well as working capital purposes. Certain directors, officers and insiders of the Company have participated in the Offerings.The shares to be issued under the Offering have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws and may not be offered or sold in the United States or to U.S. Persons absent registration or an applicable exemption from registration. This press release is not an offer or a solicitation of an offer of securities for sale in the United States, nor will there by any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.About MineworxMineworx is positioned for growth with its partnerships in the E-Waste, Catalytic Converter and mining sectors. The objective is to utilize licensed and proprietary technologies to extract precious metals in an environmentally responsible, sustainable, and profitable manner from niche market opportunities Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, go to www.mineworx.net or contact:MINEWORX TECHNOLOGIES LTD. Greg Pendura, President & CEO 780-800-0726 greg@mineworx.net

  • GlobeNewswire

    Mineworx Announces Extension of Private Placement Closing Date

    Not for Distribution to United States Newswire Services or for Dissemination in the United StatesSURREY, British Columbia, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Mineworx Technologies Ltd., (the "Company" or "Mineworx") (TSXV: MWX) announces that it has received an extension from the TSX Venture Exchange (“TSX-V”) with respect to the duration of its previously announced private placement (the “Private Placement”) (please see the Company’s press releases dated June 9, 2020, June 17, 2020, and July 24, 2020). The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended to August 21, 2020.  The Company applied for an extension to accommodate investors who have been unable to complete their subscriptions to due to delays caused by COVID-19.About MineworxMineworx is positioned for growth with its partnerships in the E-Waste, Catalytic Converter and mining sectors.  The objective is to utilize licensed and proprietary technologies to extract precious metals in an environmentally responsible, sustainable, and profitable manner from niche market opportunities Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.For further information, go to www.mineworx.net or contact:MINEWORX TECHNOLOGIES LTD. Greg Pendura, President & CEO 780-800-0726 greg@mineworx.net