Raffles Financial Group Limited

Recent News

Raffles Announces Strategic Partnership With BMO

Singapore, Singapore--(Newsfile Corp. - May 11, 2020) - Raffles Financial Group Limited (CSE: RICH) ("Raffles" or the "Company") - Raffles is pleased to announce that its wholly-owned subsidiary, Raffles Financial Pte. Ltd. ("Raffles Financial") is working with Bank of Montreal Private Bank Asia ("BMO PBA") to identify clients who require advice and management of their family trusts, custodian and private banking accounts. Raffles has received congratulations from BMO PBA on its public...

2020-05-11 8:30 AM EDT

Explorex Closes Plan of Arrangement with Origen and Completes Acquisition of Raffles

Vancouver, British Columbia--(Newsfile Corp. - April 29, 2020) - Raffles Financial Group Limited, formerly Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC: EXPXF) (the "Company" or "Explorex") is pleased to announce that its previously announced plan of arrangement (the "Arrangement") has closed. The Arrangement, which spun out certain assets of Explorex to Origen Resources Inc. ("Origen"), along with the transfer of $500,000 in cash, has closed. Explorex shareholders received one share of...

2020-04-29 4:56 PM EDT

Explorex Resources Announces Closing Of Financing

Vancouver, British Columbia--(Newsfile Corp. - March 23, 2020) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC: EXPXF) (the "Company" or "Explorex") is pleased to announce the closing of its non-brokered financing consisting of to 2,272,900 common shares of the Company ("Common Shares") priced at $0.22 per Common Share ("Financing") as previously announced on February 3, and March 11, 2020, for aggregate gross proceeds of $500,038. One "related party" to the Company (as defined in...

2020-03-23 9:00 AM EDT

Explorex Receives Shareholder Approval of its Plan of Arrangement, Acquisition of Raffles, Continuation to the Cayman Islands and Provides Timing Update

Vancouver, British Columbia--(Newsfile Corp. - March 11, 2020) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC: EXPXF) (the "Company" or "Explorex") is pleased to announce that its previously announced plan of arrangement (the "Arrangement") has been approved by the Company's shareholders. The Arrangement, which involves spinning out of certain assets of Explorex to Origen Resources Inc. ("Origen"), was approved by shareholders of Explorex (the "Explorex Shareholders") at an annual...

2020-03-11 6:20 PM EDT

Explorex Resources Announces Updated Raffles Financial Information and Provides Update on the Proposed Board of the Resulting Issuer

Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC: EXPXF) (the "Company" or "Explorex") announces that it has received updated financial information from Raffles Financial Private Limited ("Raffles") in respect of Raffles' six month period ended December 31, 2019. As disclosed in the Company's information circular dated February 7, 2020 which was prepared for the Company's annual general and special meeting being held on March 9,...

2020-03-03 4:00 PM EST

Explorex Resources Executes Arrangement Agreement and Announces Private Placement

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2020) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC: EXPXF) (the "Company" or "Explorex") is pleased to announce that, further to its news release dated December 23, 2019, it has entered into an arrangement agreement dated January 28, 2020 (the "Arrangement Agreement") with its wholly-owned subsidiary, Origen Resources Inc. ("Spinco"). The Arrangement Agreement, a copy of which will be available under Explorex's profile on...

2020-02-03 6:22 PM EST

Explorex Announces Exploration Results at Bonanza Mountain Project in Historic Knight's Mining Camp, Grand Forks, BC

Vancouver, British Columbia--(Newsfile Corp. - January 27, 2020) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC: EXPXF) (the "Company" or "Explorex") is pleased to announce the results of the initial surface exploration program performed on the Company's 100% owned Bonanza Mountain precious and base metals project ("Bonanza Mountain" or "Project"), in the historic Knight's Gold Mining Camp, Grand Forks area, BC. Fall 2019 Exploration Program The Company completed a surface exploration...

2020-01-27 1:30 PM EST

Explorex Resources to Acquire Raffles Financial and Spin Out Exploration Assets

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) (the "Company" or "Explorex") has entered into a definitive share exchange agreement dated December 20, 2019 (the "Share Exchange Agreement") to acquire all of the outstanding shares of Raffles Financial Private Limited ("Raffles Financial"), a company incorporated under the laws of Singapore and operating in Singapore, with regional branch offices in Sydney,...

2019-12-23 4:45 PM EST

Explorex Announces Acquisition of Bonanza Mountain Gold Project in Historic Knight's Mining Camp, Grand Forks, BC

Vancouver, British Columbia--(Newsfile Corp. - November 25, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) (the "Company" or "Explorex") is pleased to announce the Company has acquired a 100% interest in the 803 hectare high-grade gold and copper Bonanza Mountain project ("Bonanza Mountain" or "Project"), through a combination of staking and a sale and purchase agreement, in the historic Knight's Mining Camp, Grand Forks area, BC. Bonanza Mountain Project Description...

2019-11-25 10:47 AM EST

Explorex Strengthens Board

Vancouver, British Columbia--(Newsfile Corp. - August 15, 2019) - Explorex Resources Inc. (CSE: EX) (the "Company" or "Explorex") announces that it appointed Mike Zhou ("Mike") to its board of Directors. Over the past decade Mike has amassed a unique resume covering capital markets, international business strategy, and the technology sector. In recent years, he has held management positions or director roles throughout the financial-technology, digital marketing, consulting, and financial...

2019-08-15 10:30 AM EDT

Explorex Resources Assumes Lease on the Buena Vista Hills Cobalt - IOCG Project, Nevada

Vancouver, British Columbia--(Newsfile Corp. - June 25, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC PINK: EXPXF) (the "Company" or "Explorex") is pleased to report that it has executed the Assignment and Assumption Agreement ("Assignment Agreement") with New Tech Minerals Corp. (CSE:NTM)("New Tech") and has assumed the right to acquire 100% interest in the Buena Vi

2019-06-25 4:00 AM EDT

Explorex Resources Update: Buena Vista Hills Cobalt - IOCG Project, Nevada

Vancouver, British Columbia--(Newsfile Corp. - June 13, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC PINK: EXPXF) (the "Company" or "Explorex") is pleased to report that a recent due diligence site visit at the Buena Vista Hills Cobalt - Iron Oxide Copper Gold ("IOCG") project ("Buena Vista" or "Project") in Pershing County, Nevada, has been completed.

2019-06-13 3:30 AM EDT

Explorex Resources Exploration Plans Buena Vista Hills Cobalt - IOCG Project, Nevada

Vancouver, British Columbia--(Newsfile Corp. - April 23, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC PINK: EXPXF) (the "Company" or "Explorex") is pleased to provide an update on the Company's exploration plans on the Buena Vista Hills Cobalt - Iron Oxide Copper Gold ("IOCG") project ("Buena Vista" or "Project") in Pershing County, Nevada and provide a

2019-04-23 5:00 AM EDT

Explorex Announces Option to Acquire 100% of The Buena Vista Hills Cobalt - IOCG Project, Nevada

Vancouver, British Columbia--(Newsfile Corp. - March 4, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) (the "Company" or "Explorex") is pleased to announce the Company has entered into a Letter of Intent with New Tech Minerals Corp. ("New Tech") for a 100% option to acquire the Buena Vista Hills Cobalt - Iron Oxide Copper Gold ("IOCG") project ("Buena Vista" or "Project") in Pershing County, Nevada. Buena Vista is a unique opportunity and setting for a large scale near...

2019-03-04 4:00 AM EST

Explorex Announces Plans for The Kagoot Brook Cobalt - Manganese - Base Metals Project in New Brunswick

Vancouver, British Columbia--(Newsfile Corp. - January 29, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) (the "Company" or "Explorex") is pleased to announce the Company's plan to conduct a comprehensive exploration program, at the Kagoot Brook Co-Mn-Base Metals project in New Brunswick, consisting of a detailed geophysical survey followed by a 2,000m drill program. Historical work at Kagoot Brook has delineated two drainages, two kilometres apart, that exhibit a...

2019-01-29 4:00 AM EST

Explorex Provides Update on the Hautalampi Co-Ni-Cu Deposit

Vancouver, British Columbia--(Newsfile Corp. - January 25, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) (the "Company" or "Explorex") provides guidance to Vulcan Hautalampi Oy, principally owned by three private Finnish companies (Alandra Oy, Kiviralli Oy and Tetra Ekberg Oy) (a.k.a. "FinnCobalt" or the "Vendor"), regarding the proposed acquisition of the Hautalampi project in eastern Finland ("Hautalampi"). The Amended Letter of Intent ("LOI"), detailed in a press...

2019-01-25 4:00 AM EST

Explorex Remobilizes Crew to Kagoot Brook Co-Mn Base Metals Project, New Brunswick

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2019) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) (the "Company" or "Explorex") is pleased to announce that crews have returned to New Brunswick to finish processing the core produced during the December 2018 maiden drill program at the cobalt -manganese - base metals Kagoot Brook project. Kagoot Brook Co - Mn - Base Metals Project Historical work at Kagoot Brook has delineated two drainages, two kilometres apart,...

2019-01-18 4:00 AM EST

Explorex Announces Closing of Private Placement

Vancouver, British Columbia--(Newsfile Corp. - December 19, 2018) - Explorex Resources Inc. (CSE: EX) (the "Company" or "Explorex") is pleased to announce that it has closed the second and final tranche of its previously announced private placement financing (the "Financing"). The Company has issued a total 1,140,500 Non-Flow Through (the "NFT units") for a total of $285,125 (of which $151,250 was for the settlement of debt). The NFT units were offered at a price of $0.25. The Company has...

2018-12-19 4:52 PM EST

Explorex Commences Drill Program at Kagoot Brook Co-Mn Base Metals Project, New Brunswick

Vancouver, British Columbia--(Newsfile Corp. - December 17, 2018) - Explorex Resources Inc. (CSE: EX) (FSE: 1XE) (OTC Pink: EXPXF) (the "Company" or "Explorex") is pleased to announce that crews have been mobilized to initiate the maiden drill program at the cobalt-manganese base metals Kagoot Brook project in New Brunswick. Kagoot Brook Co-Mn Base Metals Project Historical work at Kagoot Brook has delineated two drainages, two kilometres apart, that exhibit a series of remarkably anomalous...

2018-12-17 4:00 AM EST

CORRECTION FROM SOURCE: Explorex Announces Closing of the First Tranche of Private Placement

Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Explorex Resources Inc. (CSE: EX) (the "Company" or "Explorex") is pleased to announce that it has closed a first tranche of its previously announced private placement financing (the "Financing"). On Completion the Financing will consist of up to 2 million flow through units priced at $0.32 per unit ("FT-Unit") and 2 million non-flow through units priced at $0.25 per unit ("NFT-Unit") for gross total proceeds of up to $1.14...

2018-11-27 5:39 PM EST

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