Dorex is an exploration and development company focusing on precious and base metals.
The Company was successful in raising $414,000.00 through the issuance of an aggregate of 2,300,000units at the price of $0.18 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant exercisable for one year at the price of $0.235. The proceeds of the private placement will be used for unallocated working capital.
The Company has been focusing its search examining numerous additional exploration and development properties in Slovakia, Chile, Peru and Argentina.
The company’s focus is to find advanced exploration targets with positive geological work with large exploration potential.
Dorex is primarily focusing on gold, copper and silver projects.