PJX Resources Inc. | TSX-V: PJX

TSX-V: PJX

Building Resource Opportunity

Company History

The Company was incorporated as 1532063 Alberta Inc. under the Business Corporations Act (Alberta) on April 22, 2010. On March 7, 2011, the Company filed a certificate of continuance from the Registrar of Corporations for the Province of Alberta and changed its governing jurisdiction to the Province of Ontario and changed its name from 1532063 Alberta Inc. to PJX Resources Inc.

In July, 2011, PJX Resources became a publicly trading company on the TSX Venture Exchange under the trading symbol PJX.

On September 14, 2010 the Company entered into an option agreement with Ruby Red Resources Inc. (now SG Spirit Gold Inc. (“SG”)), to earn an interest in four mineral properties: the Dewdney Project and the Zinger Property, the Eddy Property and the Vine Property. The properties are all located in the Cranbrook area of British Columbia, Canada.

Under the terms of the Option Agreement, PJX had the option to acquire up to an 80% interest in the Mineral Properties over a term of four years by completing work commitment amounts in the aggregate of $2,500,000 on the Mineral Properties and making staged cash payments to SG totalling $215,000 over a four-year period.

In October 2013, PJX acquired a 100% interest in the Dewdney Trail, Zinger, Eddy and Vine Properties that were initially under option to PJX. To complete the acquisition, PJX made the remaining aggregate cash payment of $125,000 that would have had to had been made under the Option Agreement and issued 500,000 shares to SG.

In April 2012, the Vine Property was expanded from a 640 hectare (ha) land position to over 6,300 ha by optioning the Vine Extension Property from Klondike Gold Corp. PJX can earn a 50% interest in the Vine Extension Property by completing $1.5 million in work and make share payments to a maximum total of 200,000 common shares over a 5 year period.

Vision

PJX’s principal business is the acquisition, exploration and development of mineral resource properties in Canada.

The Company’s goal is to become a producer of gold and other metals through exploration, discovery, and development of mineral resources in a responsible manner with due care given to public interest and the environment.

Governance

PJX Resources Inc. prides itself on its commitment to a culture of honesty, integrity and accountability. We strive to operate in accordance with the highest ethical standards and applicable laws and regulations.

Management & Directors

John Keating, P.Geo. – CEO

Mr. Keating has over 30 years of experience in the mining and exploration industry. He conducted early and advanced stage exploration with Noranda and was a global commodity analyst for gold, silver, and base metals with the Federal Government of Canada. During the last 10 years, Mr. Keating was president and chief executive officer for Black Bull Resources and Golden Chalice Resources. Mr. Keating holds a Bachelor of Science (Geology) from Concordia University, Montreal, Quebec.

Linda Brenan – CFO
Ms. Brennan has been a consultant for 12 years providing strategic advice and organizing and structuring financings to numerous early stage companies in the junior resource sector. She brings knowledge of finance, accounting and public markets to PJX. She has served in the capacity of corporate secretary for several TSXV listed companies. Ms. Brennan holds Business Administration and Bachelor of Commerce degrees from the University of Victoria and Royal Roads University, respectively.
James Clare – Director
Mr. Clare is a partner in the Securities Law Group at the law firm of Bennett Jones LLP and practices in the areas of corporate and securities law, with an emphasis on corporate finance and mergers and acquisitions. Mr. Clare’s practice is focused on the mining and oil and gas sectors. His transactional experience includes domestic and cross-border public and private corporate finance transactions, representing issuers and underwriters as well as merger and acquisition transactions. He also advises public issuers on general corporate and securities law matters including stock exchange listings, continuous disclosure obligations and other regulatory compliance issues. Mr. Clare holds Bachelor of Laws and Bachelor of Arts degrees from the University of Western Ontario and Acadia University, respectively.
Kent Pearson, P.Geo – Director

Mr. Pearson is a geologist with over 20 years experience in the mining and capital markets sectors. His background in mining comprises both exploration and production. Mr. Pearson’s capital markets experience includes equity and debt research and investment banking as a vice president. He is currently president of Locarno Advisory Inc., a boutique advisory firm specializing in corporate mergers and acquisitions, strategic advisory, asset review and asset disposition. Mr. Pearson holds Bachelor of Science (Geology) and Masters of Business Administration degrees from the University of Alberta and Queen’s University, respectively.

Somerset Parker – Director
Mr. Parker is currently the Vice President, Marketing Division of Geovic Mining Corporation. Mr. Parker previously held a senior management role at Jaguar Nickel Inc. Mr. Parker has developed an extensive network of investor contacts and mining analysts, on a worldwide basis, including relationships with major banks and securities houses. Mr. Parker holds a Bachelor of Science, University of Chile. Aenean ultricies mi vitae est
Joseph Del Campo – Director
Mr. Del Campo holds a Certified Management Accountant designation. Mr. Del Campo worked for the Falconbridge group of companies in financial positions, including Controller and Treasurer of Falconbridge Dominicana and Falconbridge Gold Corporation, a gold mining company with operating mines in Africa and Canada. Over the past 13 years, Mr. Del Campo has been a director and vice president of finance and chief executive officer at a number of junior exploration companies listed on the TSX and TSXV and is the former CFO of First Nickel Inc.
Contact Us
Phone: 416.799.9205
Fax: 416.644.8801
Email: info@pjxresources.com
Office
5600 – 100 King Street West
Toronto, Ontario, M5X 1C9
Canada
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