ALX Resources Corp.

Recent News

  • ALX Resources Corp. Announces up to $4.0 Million Equity Facility with Alumina Partners

    Vancouver, British Columbia--(Newsfile Corp. - January 15, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has entered into a financing facility (the "Facility") for up to CDN$4.0 million with Alumina Partners (Ontario) Ltd. ("Alumina"), an affiliate of New York-based private equity firm Alumina Partners LLC.The investment agreement provides ALX with a financing facility over a period of 24 months, during which the Company can draw down...

    2021-01-15 7:30 AM ET
  • ALX Resources Corp. Initiates Exploration Review of the Cannon Copper Project, Ontario

    Vancouver, British Columbia--(Newsfile Corp. - January 7, 2021) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has initiated an exploration review on its 100%-owned Cannon Copper Project ("Cannon Copper", or the "Project") located in Kamichisitit Township within the Sault Ste. Marie Mining District of Ontario, Canada. Cannon Copper hosts the historic Cannon Copper Mine and Mill (also known as the Crownbridge Copper Mine), which saw limited copper processing...

    2021-01-07 7:30 AM ET
  • ALX Resources Corp. Signs Definitive Agreement for Electra Nickel Project in Ontario

    Vancouver, British Columbia--(Newsfile Corp. - December 31, 2020) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has executed a definitive agreement for an option to purchase a 100% interest in the Electra Nickel Project ("Electra", or the "Project") located in Shebandowan Greenstone Belt within the Thunder Bay South Mining District of Ontario, Canada. Electra, formerly known as the Bateman Lake property, is prospective for nickel, copper and cobalt...

    2020-12-31 7:30 AM ET
  • ALX Resources Corp. Announces Application to Amend Warrant Terms

    Vancouver, British Columbia--(Newsfile Corp. - December 16, 2020) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") announces that it has made an application to the TSX Venture Exchange (the "TSXV") to amend the term of an aggregate of 2,410,000 outstanding share purchase warrants, (the "Warrants") which were issued in connection with a non-brokered private placement (see ALX news release dated December 21, 2016). On December 30, 2016, the Company issued 2,410,000 Warrants. In December...

    2020-12-16 4:00 PM ET
  • ALX Resources Corp. Stakes Hummingbird Gold Project, Saskatchewan

    Vancouver, British Columbia--(Newsfile Corp. - November 25, 2020) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company")  is pleased to announce that it has acquired by staking the Hummingbird Gold Project, ("Hummingbird", or the "Project") located in northern Saskatchewan, Canada. Hummingbird consists of 12 claims totaling 14,097.87 hectares (34,836.60 acres) that are situated approximately 35 kilometres (22 miles) northwest of the town of Stony Rapids, Saskatchewan. The Project is contiguous to the Company's Firebird Nickel Project,...

    2020-11-25 7:30 AM ET
  • ALX Resources Corp. Options Electra Nickel Project in Ontario

    Vancouver, British Columbia--(Newsfile Corp. - November 23, 2020) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce that it has executed a binding letter agreement for an option to purchase a 100% interest in the Electra Nickel Project ("Electra", or the "Project") located in Shebandowan Greenstone Belt within the Thunder Bay South Mining District of Ontario, Canada. Electra, formerly known as the Bateman Lake property, is prospective for nickel, copper...

    2020-11-23 7:30 AM ET
  • ALX Resources Corp. and Rio Tinto Locate Airborne EM Anomalies at the Firebird Nickel Project

    Vancouver, British Columbia--(Newsfile Corp. - November 9, 2020) - ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce the preliminary results of an airborne electromagnetic ("EM") survey completed at the Company's Firebird Nickel Project ("Firebird", or the "Project", formerly the Falcon Nickel Project) located near the town of Stony Rapids in northern Saskatchewan, Canada (see ALX news release dated October 1, 2020, "ALX and Rio Tinto Begin Airborne Survey at the Firebird...

    2020-11-09 7:30 AM ET
  • ALX Resources Corp. Samples 17.7 Grams/Tonne Gold at Vixen Gold Project, Red Lake Mining District, Ontario

    Vancouver, British Columbia--(Newsfile Corp. - October 29, 2020) -  ALX Resources Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company") is pleased to announce receipt of the first analytical results from an October 2020 prospecting and sampling program at its 100%-owned Vixen Gold Project ("Vixen" or the "Project") located in the Red Lake Mining District of Ontario, Canada. Vixen consists of three sub-projects totaling 10,069 hectares (24,880 acres) staked within the Birch-Uchi greenstone belt and is located approximately...

    2020-10-29 6:30 AM ET