Barexor Minerals Inc. - Announcement.VAL D'OR Val d'Or (väl dôr), town (1991 pop. 23,842), SW Que., Canada, SE of Rouyn-Noranda. It is a mining center. Gold was discovered in the region in 1909; copper, zinc, lead, and molybdenum are also mined. , Quebec--(BUSINESS WIRE)--Jan. 30, 1996--Barexor Minerals (ME:BXR BXR Bilateral Exchange Rate ) Minerais Barexor Inc. is pleased to announce that it has entered into an agreement with an investment fund for the issuance of 1,750,000 units to raise $350,000. Each unit will comprise one common share and one share purchase warrant. Each warrant may be exercised to purchase one common share and one share purchase warrant. Each warrant may be exercised to purchase one commons share at $0.26 for a period of 18 months. The funds will be used for the development and exploration of the company's Nevada Nevada (nəvăd`ə, –vä–), far western state of the United States. It is bordered by Utah (E), Arizona (SE), California (SW, W), and Oregon and Idaho (N). projects. The transaction is subject to regulatory approval. CONTACT: Michel David Michel David (born in 1951) is a Quebecois journalist. He is in the field since 1978 and is currently columnist for the Montreal newspaper Le Devoir. David was parliamentary correspondent at the National Assembly of Quebec for Quebec City's Le Soleil , president, 819/825-9065 819/825-1199 (fax) |
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