Virginia Mines Inc (VGMNF) 8.7772 $VGMNF TerraX

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Virginia Mines Inc (VGMNF) 8.7772 $VGMNF

TerraX Completes Option on 1.0% NSR for $1 Million and $2.5 Million Financing With Osisko
Marketwired - Wed Jun 17, 12:50PM CDT
TerraX Minerals Inc. (TSX VENTURE: TXR)(OTC PINK: TRXXF)(FRANKFURT: TX0) has completed the previously announced grant of an option to Osisko Gold Royalties Ltd (formerly Virginia Mines Inc.) ("Osisko" (TSX: OR) to purchase an additional 1.0% net smelter return royalty ("NSR" on its wholly-owned Yellowknife City Gold Project ("YCG" in the Northwest Territories, including a surrounding area of interest. To obtain this option, Osisko has paid TerraX $1 Million in cash. The option entitles Osisko to purchase a 1.0% NSR on production from the properties that comprise the YCG by payment of an additional $2 Million within 3 months following commencement of production. This 1.0% NSR is in addition to Osisko's existing option to acquire a 2% NSR on YCG, including a surrounding area of interest (subject to underlying royalties to certain property vendors and payment of $2 Million within 3 months following commencement of production from those properties).
OR.TO: 17.34 (+0.14), TXR.VN: 0.770 (+0.010)

TerraX Announces Private Placement of $2.5 Million and Sale of Option on 1.0% NSR for $1 Million to Osisko; drills 14.09 m @ 2.96 g/t Au at Northbelt
Marketwired - Wed May 13, 12:32PM CDT
TerraX Minerals Inc. (TSX VENTURE: TXR)(OTC PINK: TRXXF)(FRANKFURT: TX0) has agreed to grant an option to Osisko Exploration James Bay Inc. (formerly Virginia Mines Inc.) ("Osisko Exploration", a wholly-owned subsidiary of Osisko Gold Royalties Ltd. ("Osisko" (TSX: OR) to purchase an additional 1.0% net smelter return royalty ("NSR" on its wholly-owned Yellowknife City Gold Project ("YCG" in the Northwest Territories. To purchase this option, Osisko Exploration will pay TerraX $1 Million in cash. The option entitles Osisko Exploration to purchase a 1.0% NSR on production from the properties that comprise the YCG by payment of an additional $2 Million within 3 months following commencement of production. This 1.0% NSR is in addition to the existing Osisko Exploration option to acquire a 2% NSR on YCG (subject to underlying royalties to certain property vendors, and payment of $2 Million within 3 months of the start of production from those properties). Osisko Exploration owns 9.24% of the common shares of TerraX.
OSK.TO: 2.47 (-0.01), OR.TO: 17.34 (+0.14), TXR.VN: 0.770 (+0.010)

Sphinx Defines and Prioritizes New, Untested Drill Targets On Its 100%-Owned Preissac Ni-Cu-PGE Project
Marketwire Canada - Thu Jan 15, 7:30AM CST
Sphinx Resources Ltd. ("Sphinx" or the "Corporation" (TSX VENTURE:SFX) is pleased to report results on the first stage of the exploration program conducted on its 100%-owned Preissac nickel-copper-platinum group elements ("PGE" project located in the Abitibi region of Quebec.
SFX.VN: 0.045 (unch)

Virginia Mines Inc.-Coulon: The Extension of High-Grade Lense 257 Continues at Depth: 15.79% Zn, 1.93% Cu and 40.87 g/t Ag Over 2.9m
Marketwired - Tue Dec 16, 7:03AM CST
Virginia Mines Inc. ("Virginia" (TSX: VGQ) is pleased to provide an update on the results of the fall 2014 drilling program carried out on the Coulon project, located in the James Bay region.
VGQ.TO: 14.99 (+0.18)

Virginia Mines Inc.: Filing of an Amended and Restated Annual Information Form
Marketwired - Fri Nov 28, 2:31PM CST
Virginia Mines Inc. (TSX: VGQ) announces that as a result of a review by the Autorite des marches financiers, it has filed on SEDAR an amended and restated annual information form for the fiscal year ended February 28, 2014, in that section thereof "Description of the Business" include additional disclosure on the Eleonore Royalty. Section "Risk Factors" was amended accordingly.
VGQ.TO: 14.99 (+0.18)

Osisko Gold Royalties Announces Acquisition of 10% of Shares of Virginia Mines Inc.
Marketwired - Tue Nov 25, 6:46AM CST
On November 24, 2014, Osisko Gold Royalties Ltd (the "Company" or "Osisko" (TSX: OR) acquired, through the facilities of the Toronto Stock Exchange, beneficial ownership of 1,000,000 common shares ("Virginia Shares" of Virginia Mines Inc. ("Virginia Mines" (TSX: VGQ) at a price of $13.00 per Virginia Share (the "Acquisition". Following the Acquisition, Osisko beneficially owns, after giving effect to the 2,387,616 Virginia Shares that Osisko agreed to acquire on November 16, 2014 (which acquisition has not yet been completed), 3,387,616 Virginia Shares, representing approximately 10.03% of the total issued and outstanding Virginia Shares.
VGQ.TO: 14.99 (+0.18), OR.TO: 17.34 (+0.14)

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