10:47 AM EST - Lexston Mining Corporation : Announced that further to its news release dated November 27, 2023, the Company has issued 1,000,000 common shares and made a $90,000 payment pursuant to the Project 176 and Project Itza Option Agreement dated November 27, 2023. The common shares issued pursuant to the Agreement are subject to a four month and one day statutory hold period. Jag Bal, President, and CEO of Lexston states, “This acquisition in the Thelon Basin represents a good opportunity in a uranium rich basin that has similar potential to the Athabasca Basin. Historical data shows the potential for high-grade uranium deposits in the region and has triggered a staking rush at the basin, with other companies including Atha Energy (TSXV: SASK) active in the region.” Lexston Mining Corporation
shares C.LEXT are trading unchanged at $0.08.
Full Press Release: https://www.baystreet.ca/quotedata/quote.aspx?ticker=LEXT%3ACNX&qmodStoryID=5753040087984612
