We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
TSXV:NXX | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
KIRKLAND LAKE, ONTARIO--(Marketwired - Apr 15, 2014) - NORDEX EXPLOSIVES LTD. ("Nordex" or the "Corporation") (TSX-VENTURE:NXX) is pleased to announce the completion of the extensive development and positive field testing of the Scorpion Underground Loader Systems ("Scorpion"); a robotic arm bulk emulsion explosives loading system for use in underground mining operations. The Scorpion is a proprietary system designed, built and owned by Nordex that allows for a safer and more cost effective method of delivering exclusive Normite bulk emulsion products to the blast hole.
The Scorpion comes with a complete underground carrier, robotic loading arm and in-system camera so operators can maintain a safe distance from the rock face and blast area.
An extended period of field testing and objective comparisons to competitive units by Nordex and existing customers has demonstrated the superiority of the Scorpion. In particular, the results in up-hole loading applications using specially formulated Nordex emulsion products exceeded expectations. Nordex has invested considerable resources and dedicated over 18 months of ongoing development time to achieve these results.
The Scorpion became commercially viable in January and accordingly Nordex started to receive a return on investments from this project during the 1st quarter of 2014.
The Scorpion is compatible with the quality control philosophies of Nordex whereby all products are blended and mixed at the production facility and not out in the field. The Nordex philosophy was developed to guarantee the consistency and quality of its products.
This Scorpion Systems were designed and built with the assistance of the Kirkland Lake Community Development Corp and FEDNOR. Further information on the Scorpion can be viewed on the Corporation website at:
http://www.nordexexplosives.com/index.php?nav=122&page=110
About Nordex Explosives
Nordex Explosives Ltd. is a Canadian based manufacturer and distributor of explosives for the mining, quarry and construction industries since 1970. Its manufacturing operations and distribution centre is strategically located in one of the world's largest mining regions near Kirkland Lake, Ontario. Nordex is the exclusive supplier of the "Buttbuster" perimeter control explosive products in Canada. Additional information can be found at www.nordexexplosives.com.
Neither the TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
Capital Ideas IRDean Stuart403 517 2270dean@boardmarker.netNordex Explosives Ltd.Jim TaylorPresident and CEO705 642 3265 extension 203jtaylor@nordexexplosives.com
1 Year Nordex Explosives Ltd. Chart |
1 Month Nordex Explosives Ltd. Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions