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Enter Symbol
or Name
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CA



Geodex Minerals Ltd (2)
Symbol GXM
Shares Issued 20,500,531
Close 2014-11-19 C$ 0.04
Market Cap C$ 820,021
Recent Sedar Documents

Geodex Minerals names Chen to advisory board

2014-11-20 08:26 ET - News Release

Mr. Christopher Ecclestone reports

GXM APPOINTMENT OF SPECIALTY METALS TRADER TO ADVISORY BOARD

Geodex Minerals Ltd. has appointed Evan (Dong) Chen to its advisory board. Concurrent with this appointment the company has placed 600,000 units with Mr. Chen, each unit consisting of one share of the company and one-half warrant, at a price of five cents per unit. The warrants are exercisable within 24 months from closure of the placing at a strike price of seven cents. This issue raises $30,000 which shall be employed for general corporate purposes. No finders' fees are associated with this placement. Closing of the placement is subject to the receipt of regulatory approval, including approval of the Toronto Stock Exchange.

Mr. Chen is the founder and president of Fredstone Materials Inc., New Brunswick, a company providing marketing/consulting service for mining investments and metal/mineral trading, as well as the Canadian broker of China-based mining exchange TIMEx. Previously Mr. Chen was managing director of Dlrow (Tianjin) Co. Ltd., a Chinese trading firm for various of metal/mineral materials, and also from 2006 till 2012 the exclusive representative agent of U.S.-based Recapture Metals Inc. (now a subsidiary of Molycorp). He holds a bachelor's degree with a major in metal materials processing engineering.

Geodex's chief executive officer, Christopher Ecclestone, commented, "We are very pleased to bring a veteran trader in the specialty metals space onto our team and look forward to the benefits that might accrue from having a vector into the Chinese specialty metals space for both antimony and tin."

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