StrategX Elements Corp. (C:STGX)
Business Focus: Non-Gold Precious Metals & Minerals (NEC)
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Latest 10 SEDI filings for STGX within the last 6 months
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Company News
Aug 21, 2023 16:04 ET
StrategX Announces First Tranche Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 21, 2023) - StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company") announces that it has closed the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Private Placement"). Under the First Tranche, the Company has issued 440,000 flow-through shares ("FT Shares") for gross proceeds of $110,000, and 300,000 non-flow-through share units ("NFT Units") for gross proceeds of $60,000. In connection with the First Tranche, the Company paid a total of $6,000 as finder's fees. All securities issued under the First Tranche are subject to a hold period expiring December 22, 2023, in accordance with applicable securities laws and the policies of the CSE.
Aug 14, 2023 09:00 ET
StrategX Elements Corp. Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2023) - StrategX Elements Corp. (CSE: STGX) ("StrategX" or the "Company"), intends to complete a non-brokered private placement to raise gross proceeds up to $1,000,000 (the "Offering"). The Offering will be comprised of a combination of (i) flow-through common shares (each an "FT Share") to be sold at $0.25 per FT Share, and (ii) non-flow-through units (each an "NFT Unit") to be sold at $0.20 per NFT Unit. Each NFT Unit will be comprised of one non-flow-through common share and one common share purchase warrant entitling the holder to purchase one non-flow-through common share of the Company for $0.30 per share for a period of three years. The exact number of FT Shares and NFT Units sold will be determined at closing.
Valuation Ratios
Industry
Sector
Beta
N/A
--
--
Price to Sales - TTM
--
7.99
3.96
Price to Book - most recent quarter
2.92
2.29
1.79
Price to Cash Flow per share - TTM
--
2.72
8.38
Price to Free Cash Flow per share - TTM
--
19.91
16.31
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Nov 15, 2023 | 200 | 0 |
| Aug 15, 2023 | 25,000 | 0 |
| Jul 15, 2023 | 597 | -402 |
Business Summary
| Sector: Basic Materials | Industry: Non-Gold Precious Metals & Minerals |
StrategX Elements Corp. is a Canada-based exploration company. The Company is focused on the discovery of cobalt and associated energy transition metals in northern Canada. The Company's property portfolio of over five stand-alone projects is situated on the East Arm of the Great Slave Lake, Northwest Territories and on the Melville Peninsula, Nunavut. The Company has 100% of interest in Project 939 and EA South Project located in the Northwest Territory, Canada. Project 939 and EA South Project comprise approximately 12 prospecting permits (93,821 hectares) and over 16 mining claims (12,638 hectares). The Company staked over 13 claims, approximately 9,646 hectares located adjacent and outside of the Mel Project in the Melville Peninsula region of Nunavut, Canada. Its projects also include Project NagVaak, Nunavut, Canada, and Project Mel, Nunavut, Canada.
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