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RXE RBC Quant Emerging Markets Equity Leaders ETF

22.99
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
RBC Quant Emerging Markets Equity Leaders ETF TSX:RXE Toronto Exchange Traded Fund
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 22.99 22.60 23.00 0 01:00:00

CORRECTING and REPLACING MULTIMEDIA Standard & Poor's Initiates Factual Stock Report Coverage on RX Exploration, Inc.

13/12/2010 3:35pm

Business Wire


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The release reads:

STANDARD & POOR'S INITIATES FACTUAL STOCK REPORT COVERAGE ON RX EXPLORATION, INC.

Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on RX Exploration, Inc.

RX Exploration (TSX: RXE, (OTCQX: RXEXF) is a gold exploration company which is currently focused on re-starting production from its Drumlummon Mine, a past producing high-grade, bonanza-type, epithermal underground gold and silver mine in Montana. In November 2010, RX Exploration reported that ore from a current test mining program was being trucked to and processed in a leased mill located in Philipsburg, Montana.

The company's flagship project, the Drumlummon Gold and Silver Mine, is located near Marysville, Montana. The mine has never been fully exploited or explored and material that was once considered waste is now potentially economic. In addition, the company has discovered a series of entirely new high-grade gold and silver veins that remain open for expansion in all directions.

The governmental permits required to proceed with restarting operations have been obtained by RX Exploration, and the company is proceeding with dewatering and is test mining and milling, approaching a rate of 300 tons per day.

NI 43-101 compliant inferred resources on the Charly Vein system at the Drumlummon Mine amount to 155,518 tons averaging 0.45 ounces per ton (15.4 grams per ton) gold and 12.3 ounces per ton (421 grams per ton) silver. The resources contain 70,703 ounces of gold and 1,915,560 ounces of silver.

Historical resources at the mine's D-Block zone amount to potentially 160,000 tons of mineralized material, below the 400-foot level, grading 0.4 ounces per ton (13.7 grams per ton) gold and 4.0 ounces per ton (137 grams per ton) silver.

S&P Factual Stock Report coverage on RX Exploration, Inc will also be accessible on an ongoing basis to the investment community by scores of buy-side institutions and sell-side firms that utilize S&P research and information platforms daily. Millions of self-directed investors also have access to the report via their e-brokerage accounts. Please visit www.rxexploration.com for additional information.

About Standard & Poor's Factual Stock Reports

This Standard & Poor’s service provides factual research coverage enabling information about RX Exploration, Inc. and other securities to reach a wide investor audience of Buy and Sell-side investors, helping them understand a company’s fundamentals and business prospects. Currently profiling over 500 issuers, S&P Factual Stock Reports increase market awareness for issuers in the investment community with insightful commentary and key statistics/information. Updated weekly with the latest pricing, trading volume, and other data, the reports include recent developments, a financial review, key operating information, Industry and peer comparisons, institutional holdings analysis, Street Consensus and opinions, performance charts, business summary, fundamental data, and news. Because coverage of these reports is sponsored by the issuer, S&P does not offer investment opinions concerning the advisability of investing in these stocks.

Standard & Poor’s Factual Stock Reports are produced separately from any other analytic activity of Standard & Poor’s. Standard & Poor’s Factual Report research has no access to non-public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.

Note: All U.S. and Canadian Companies listed on a National Exchange (not covered by S&P’s STARS research) are eligible to obtain this coverage.

About Standard & Poor's

Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP), is the world's foremost provider of financial market intelligence, including independent credit ratings, indices, risk evaluation, investment research and data. With approximately 10,000 employees, including wholly owned affiliates, located in 23 countries, Standard & Poor's is an essential part of the world's financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

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