Gary Cope buying at Orex Minerals (REX)

Gary Cope buying at Orex Minerals (V:REX)

Updated Friday Jun 26, 2020 04:29 AM EDT
Gary Gordon Cope, CEO, acquired 875,000 Common Shares on a direct ownership basis and 1,000,000 Common Shares on a control or direction basis for registered holder 683192 BC Ltd at a price of $0.080 through a prospectus or prospectus exempt offering on June 23rd, 2020. He also acquired 437,500 Warrants on a direct ownership basis and 500,000 Warrants on a control or direction basis for registered holder 683192 BC Ltd with an exercise price of $0.200 for 24 months. This represents a $150,000 investment into the company's shares and an account share holdings change of greater than 100%.

Two other insiders also acquired units in smaller amounts.

Orex Minerals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.

Orex Minerals Inc is a Canada-based junior exploration company. The Company's principal business activities include the acquisition and exploration of mineral properties in Mexico, Sweden and Canada. The Company's projects include Coneto Silver-Gold Project and Sandra Escobar Silver Project in Durango, Mexico, and the Jumping Josephine Gold Project in British Columbia, Canada. The Sandra Escobar Project is situated north of the town of Tepehuanes, Durango, in the heart of the Mexican Silver Trend, midway between the mining districts of Tovar and Guanacevi. The Sandra Escobar Project consists of over 6976 hectares of mineral concessions and covers multiple mineralized epithermal quartz veins, stockwork, disseminations and breccia structures. Its Jumping Josephine Property covers over 11,200 hectares in the West Kootenay region of Southeastern British Columbia. The Company's diamond drilling on its Coneto Project equals approximately 33,398 meters in over 93 holes.


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