Temex definition
Examples of Temex in a sentence
Temex is a Canadian based exploration company focusing on its portfolio of precious metals properties in the world class mining district of northeastern Ontario.
Temex is advancing the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Gold Project, in partnership with Goldcorp Canada Ltd., and exploring its 100%-owned ▇▇▇▇ Gold Project.
The subject matter of this letter agreement is the C▇▇▇▇▇▇ Property comprising 59 mining claims totalling 60 claim units (the “Claims”) currently recorded in the name of Temex Resources Corp.
The term of expiry, conditions to and manner of exercise and other terms and conditions of the Replacement Option will be the same as the terms and conditions of the Temex Option for which it is exchanged except that such Replacement Option will be governed by the terms and conditions of the Tahoe Incentive Plans and, in the event of any inconsistency or conflict the Tahoe Incentive Plans will govern.
Temex also has a NI 43-101 compliant resource for tailings material on its Gowganda Silver Project.
Prior to the Closing, the Selling Shareholder shall cause the transfer out of the TE group, for cash consideration equal to the value attributed to such shareholding in the unaudited consolidated pro forma balance sheet of the Company and the Subsidiaries as of September 30, 1999 referred to in Section 3(g), of Tekelec Airtronic GmbH's 51% shareholding in Temex Telecom.
On February 24, 2015 Temex announced high recoveries up to 98% at both high and low head grades with both series of tests achieving excellent gravity separation results indicating the presence of substantial free-milling gold, high cyanidation recoveries at fast reaction times and low reagent consumption, suggesting opportunities to lower milling costs.
It is also a condition to the completion of the Three Party Arrangement that shareholders holding no more than 5% of outstanding Eagle Hill Shares, ▇▇▇▇ ▇▇▇▇▇▇ or ▇▇▇▇▇▇ Shares shall have exercised dissent rights in respect of the Three Party Arrangement, and it is a condition to completion of the Temex Arrangement that shareholders holding no more than 5% of outstanding Temex Shares shall have exercised dissent rights in respect of the Temex Arrangement.
As part of the agreement announced today, Goldcorp has additionally granted Temex the option to purchase 50% of its royalty interest for $1.0M (CDN), in the event Goldcorp’s participating interest is reduced to a level that would trigger conversion to a royalty interest.
If the adjustment to the Temex Options contemplated by this paragraph results in a disposition of Temex Options for options to acquire Tahoe Shares or “new” Temex Options, it is intended that the provisions of subsection 7(1.4) of the Tax Act apply to any such disposition.