Paramax Resources is pleased to announce that Paramax and MEGA Graphite have closed the business combination previously announced on February 20, 2013 and May 10, 2013. In connection with the Transaction, Paramax has changed its name to Sabre Graphite Corp. and its shares are expected to commence trading on the TSX Venture Exchange under a new [...]
Paramax Resources is pleased to announce further details on the proposed transaction between the Corporation and MEGA Graphite, initially announced and described in Paramax's news release dated February 20, 2013. On May 8, 2013, Paramax entered into a business combination agreement with MEGA Graphite and 2369505 Ontario Inc., a recently [...]
Paramax Resources, is pleased to announce that it has entered into a letter of intent dated February 6, 2013, pursuant to which the Corporation, subject to entering into a definitive agreement, has agreed to acquire all of the issued and outstanding common shares of Mega Graphite by way of share exchange, merger, amalgamation, arrangement, or other [...]
Paramax announces that Mr. Mike Smith, has resigned as CEO of the Corporation to pursue other opportunities. Mr. Smith will continue as a director of the Corporation. Paramax would like to thank Mr. Smith for his service and commitment to the company. Paramax also announces that Mr. Dave Antony, Chairman of the Board will assume the duties of CEO [...]
Paramax announces that the Corporation has approved the grant of 850,000 stock options to directors and officers of the Corporation. The options will be granted at an exercise price of $0.20 per Common Share and, subject to the Option Plan, will expire five years from the date of grant. The Corporation has determined that exemptions from the [...]
