Tantalex Resources Lists on Canadian National Stock Exchange - Video Summary on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2013) - Tantalex Resources (CNSX:TTX) is one of the latest new listings on the Canadian National Stock Exchange. Prior to its reverse takeover, the company was a Capital Pool Company, trading on the TSX Venture Exchange.
InvestmentPitch.com has produced a "video news alert" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Tantalex" in the search box.
If you cannot view the video above, please visit:
Tantalex is a mining exploration corporation active in central Africa, where it owns Tantalum and Niobium properties in the Republic of Congo. It is important to state the differences between the Republic of Congo and the Democratic Republic of Congo or DRC, since these two distinct countries are often confused by foreigners. The DRC is a war-torn country, currently stabilized by UN troops, whereas the Republic of the Congo is a rather stable country.
The company's Mayoko project, comprised of 4 exploration licences totalling more than 4,000 square kilometres, is located in northwestern Republic of Congo.
For more information about the property, please refer to the NI 43-101Technical Report available on Sedar.com.
Tantalum is a strategic metal used in the manufacturing of miniaturized electronic components, such as hearing aids and pacemakers, lenses for digital cameras and mobile phones, for which there is no substitute, as well as in cutting tools. Tantalum is produced in few locations in the world, either as primary material with some other specialty metals as co-product, as a by-product from niobium mines, as a co-product of alluvial cassiterite exploitation or from alluvial coltan deposits.
The company recently closed a private placement, raising gross proceeds of $475,000. The company has approximately 33.5 million shares issued and outstanding, and with its opening trades taking place at the $0.12 level, the company is capitalized at $4 million.
InvestmentPitch.com, a multimedia company that provides a combined solution for creating and hosting financial video content, and distributing it across multiple platforms to investors and financial professionals, specializes in producing short three minute videos based on significant news releases and research reports.
Barry Morgan, CFO