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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Vantex Resources Ltd | TSXV:VAX | 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% | 0.035 | 0.035 | 0.045 | 24 | 00:00:00 |
The management of Vantex Resources Ltd. (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) is pulling out of the option agreement previously signed with Vanstar Mining Resources Inc. (TSX VENTURE:VSR). This transaction concerning mining claims on the East part of the Galloway property was announced in a press release dated October 12, 2011. Since Vantex holds 16.6 % of the shares of Vanstar, many conditions must be fulfilled in order to comply with TSX Rules and Regulations in the case of a transaction that is not at arm's length. Management believes that these additional requirements bring delays and outweigh the potential benefits of such a transaction.
1 Year Vantex Resources Chart |
1 Month Vantex Resources Chart |
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