Tirex Resources Ltd. (TIRXF) 0.1900 $TIRXF
The European Bank for Reconstruction and Development
CNW Group - Thu Apr 02, 9:53AM CDT
The European Bank for Reconstruction and Development ("EBRD"

has acquired beneficial ownership and control of 4,000,000 common shares ("Bonus Shares"

of Tirex Resources Ltd. (the "Company"

. The Bonus Shares were issued to the EBRD on April 1, 2015 as consideration for agreeing, pursuant to an amendment agreement dated January 22, 2015 ("Amendment Agreement No.6"

, to extend the maturity date under a €6,000,000 convertible loan agreement originally entered into on October 9, 2008, as amended and/or restated (the "Original Loan Agreement", as further amended pursuant to Amendment Agreement No.6, the "Loan Agreement"

. The effectiveness of Amendment Agreement No. 6 and the issuance of the Bonus Shares (as well as the potential issuance of common shares of the Company underlying the Loan Agreement) was subject to, amongst other things, receipt of approval by shareholders of the Company, which approval was obtained at a meeting on February 18, 2015.
Tirex Resources Declared Winner of Bidding Process for Rehova Mining Property
GlobeNewswire - Thu Feb 05, 10:00AM CST
-- past producing copper mine via combination of underground and open pit mining
TXX.VN: 0.225 (+0.015)