ALX Uranium Corp.

  • ISIN: CA00165J1093
  • Land: .

Nachricht vom 19.12.2019 | 13:55

ALX Uranium Corp. Announces Name Change and Appointment of Dr. Larry Hulbert as Technical Advisor

DGAP-News: ALX Uranium Corp. / Key word(s): Miscellaneous
19.12.2019 / 13:55
The issuer is solely responsible for the content of this announcement.

Vancouver, British Columbia--(Newsfile Corp. - December 19, 2019) - ALX Uranium Corp. (TSXV: AL) (FSE: 6LLN) (OTC: ALXEF) ("ALX" or the "Company) announced today that it intends to proceed with a name change to "ALX Resources Corp." (the "Name Change"). The Name Change is subject to TSX Venture Exchange approval and the Company will provide further updates regarding the Name Change, including the effective date.

Appointment of Dr. Larry Hulbert

ALX is pleased to announce the appointment of Dr. Larry Hulbert as a technical advisor to the Company. Dr. Hulbert, B.Sc. (Hons.), M.Sc., University of Regina (1976-78); D.Sc. University of Pretoria, South Africa (1983); and NSERC Post-Doctoral Fellowship, University of Saskatchewan (1983-84), is a renowned specialist in magmatic nickel, copper, and platinum-group-element ("PGE") deposits. ALX welcomes his contribution to upcoming exploration in 2020 at the Company's Falcon Nickel Project in the Axis Lake area of northern Saskatchewan.

Dr. Hulbert is a Registered Professional Geoscientist with the Association of Professional Engineers & Geoscientists of Saskatchewan, and with the Association of Professional Geoscientists of Ontario. He is the recipient of numerous awards including the Barlow Medal from Canadian Institute of Mining and Metallurgy (1993), the Geological Association and Mineralogical Association of Canada Robinson Distinguished Lecturer (for 2001-2002), and the Earth Sciences Sector Merit Award by Natural Resources Canada (2003) in recognition of his exemplary effort in the sustainable development of Canada's northern mineral wealth.

Dr. Hulbert's extensive career as a geoscientist includes work in both the private and public sectors, in addition to the academic community. His work on many major magmatic nickel-copper-PGE complexes in the world is recognized throughout the international geological community. He began his career in the Lynn Lake nickel camp in northern Manitoba, followed by his extensive platinum-group-element work in South Africa's Bushveld Complex. From 1984 to 2007, Larry worked as a Research Scientist in the Mineral Deposit Research Division of the Geological Survey of Canada where he had the opportunity to analyze most of the significant nickel-copper-PGE deposits in Canada, including those at the Falcon Nickel Project. Since 2007, Dr. Hulbert has consulted for companies exploring for nickel-copper-PGE deposits internationally.

About ALX Uranium Corp.

ALX's mandate is to provide shareholders with multiple opportunities for discovery by exploring a portfolio of prospective mineral properties in northern Saskatchewan, Canada, a superior mining jurisdiction. The Company executes well-designed exploration programs using the latest technologies and has interests in over 200,000 hectares in Saskatchewan, a Province which hosts the richest uranium deposits in the world, a producing gold mine, and demonstrates potential for economic base metals deposits. ALX has recently acquired the Falcon and Flying Vee Nickel projects in northern Saskatchewan, the Vixen Gold Project in the historic Red Lake Mining District of Ontario, Canada, and the Draco VMS Project in Norway. ALX is based in Vancouver, BC, Canada and its common shares are listed on the TSX Venture Exchange under the symbol "AL", on the Frankfurt Stock Exchange under the symbol "6LLN" and in the United States OTC market under the symbol "ALXEF". Technical reports are available on SEDAR at www.sedar.com for several of the Company's active properties.

For more information about the Company, please visit the ALX corporate website at www.alxuranium.com or contact Roger Leschuk, Manager, Corporate Communications at PH: 604.629.0293 or Toll-Free: 866.629.8368, or by email: rleschuk@alxuranium.com

On Behalf of the Board of Directors of ALX Uranium Corp.

"Warren Stanyer"

Warren Stanyer, CEO and Chairman

FORWARD-LOOKING STATEMENTS

Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. It is important to note that the Company's actual business outcomes and exploration results could differ materially from those in such forward-looking statements. Risks and uncertainties include economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Additional risk factors are discussed in the Company's Management Discussion and Analysis for the Nine Months ended September 30, 2019, which is available under Company's SEDAR profile at www.sedar.com. Except as required by law, we will not update these forward-looking statement risk factors.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/50932

Click on, or paste the following link into your web browser,to view the associated documents http://www.newsfilecorp.com/release/50932
News Source: Newsfile


19.12.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

GBC-Fokusbox

MBH Corporation. Hohes Kurspotenzial

Die MBH Corporation plc hat in den vergangenen Berichtsperioden eine sehr hohe M&A-Aktivität aufgezeigt. Unter Anwendung der so genannten Agglomeration Methodology hat die Beteiligungsgesellschaft branchenübergreifend seit 2018 11 Beteiligungen erworben. Bei einem Pro-Forma-Umsatz der Beteiligungsgesellschaften von über 120 Mio. GBP und einem Pro-Forma-EBITDA in Höhe von über 11 Mio. GBP weist die MBH derzeit eine Marktkapitalisierung von umgerechnet gerade einmal 19,8 Mio. GBP auf. Ausgehend vom aktuellen Aktienkurs liegt zu unserem Kursziel in Höhe von 1,95 € ein hohes Kurspotenzial vor

News im Fokus

Deutsche Lufthansa AG: Lufthansa Finanzvorstand Ulrik Svensson legt aus gesundheitlichen Gründen sein Mandat nieder

04. April 2020, 15:11

Aktueller Webcast

SeaChange Corporation

Fourth Quarter Fiscal Year 2020 Results

06. April 2020

Aktuelle Research-Studie

FinLab AG

Original-Research: FinLab AG (von GBC AG): Kaufen

07. April 2020