ALX Uranium Corp. Announces Non-brokered Private Placement

ALX Uranium Corp. (“ALX” or the “Company) (TSXv: AL; FSE: 6LLN; OTCQX: ALXEF) is pleased to announce a non-brokered private placement for gross proceeds of up to $355,000. The private placement consisted of up to 1,500,000 Flow-Through Units (“FT Units”) at $0.07 per FT Unit and up to 5,000,000 ordinary Units (“Units”) at $0.05 per…

Newnham Lake Property Update, Athabasca Basin, Saskatchewan

ALX Uranium Corp. (“ALX” or the “Company”) (TSXv: AL; FSE: 6LLN; OTCQX: ALXEF) is pleased to provide the following update on data and results received from the summer exploration program at its Newnham Lake Property (“Newnham” or the “Property”), located along the northeastern margin of the prolific Athabasca Basin in northern Saskatchewan. During August 2015,…

ALX Uranium Corp. Introduces New Structure

ALX Uranium Corp. (“AL”) is the result of a recently approved business combination between Lakeland Resources Inc. and Alpha Exploration Inc. (see news release dated September 23, 2015). The common shares of ALX Uranium Corp. commenced trading on the TSX Venture Exchange on September 25, 2015, under the trading symbol “AL”, previously trading under the…

Alpha Receives Securityholder Approval for Plan of Arrangement and Lakeland Receives Shareholder Approval for Consolidation

Alpha Exploration Inc. (“AEX”) (TSX.V: AEX) and Lakeland Resources Inc. (“LK”) (TSX-V: LK; FSE: 6LL; OTCQX: LRESF) are pleased to announce that their respective shareholders have approved key elements of a previously announced business combination transaction. The shareholders and warrantholders of AEX (collectively, the “AEX Securityholders”) approved a plan of arrangement (the “AEX Arrangement”) at…

Alpha Exploration Inc. and Lakeland Resources Inc. Propose Strategic Merger to Pursue Athabasca Basin Targets

Alpha Exploration Inc. (“Alpha”) (TSX.V: AEX) and Lakeland Resources Inc. (“Lakeland”) (TSX-V: LK; FSE: 6LL; OTCQX: LRESF) are pleased to announce the terms of a proposed transaction (the “Transaction”) whereby Lakeland and Alpha will merge to form a consolidated, well financed uranium exploration company (“CombineCo”). The transaction is driven by: Strategic combination of significant existing…