Eisennuggets starten durch.

Am 27.06.2013

Das JV scheint in weiter Ferne zu sein, nicht ein Tagesordnungspunkt diesbezüglich.

NOTICE OF ANNUAL AND SPECIAL GENERAL MEETING
NOTICE is hereby given that the annual and special meeting (the “Meeting”) of Advanced Explorations Inc. (the “Company”) will be held on Thursday, June 27, 2013 at the offices of Wildeboer Dellelce LLP, Suite 800, Wildeboer Dellelce Place, 365 Bay Street, Toronto, Ontario, M5H 2V1at 2:30 p.m. (Toronto time) for the following purposes:
1. to consider the audited financial statements of the Company for the period ending December 31, 2012 and December 31, 2011, together with the auditor's report thereon;
2. to appoint auditors for the ensuing year and to authorize the board of directors of the Company to fix the remuneration to be paid to the auditors;
3. to elect the board of directors of the Company for the ensuing year;
4. to consider and, if thought appropriate, to pass, with or without variation, an ordinary resolution re-approving and confirming the stock option plan of the Company (the “Stock Option Plan”), including reserving for issuance under the Stock Option Plan at any time of a maximum of 10% of the issued and outstanding shares of the Company, in accordance with TSX Venture Exchange policies;
5. to consider and if thought appropriate, to pass, with or without variation, an ordinary resolution authorizing the Company to amend By-Law No. 1A to provide for the electronic delivery of all notices from the Company to the shareholders in accordance with the Electronic Commerce Act, 2000 (Ontario); and
6. to transact such other business as may properly come before the Meeting or any adjournment thereof.

The Consequences of Destroying the TSX Venture: A Look into the Impact of the TSX Venture Exchange on the Economy


Dear Readers,

The latest TMX Group data shows there are 1,310 mining companies listed on the TSX Venture, making up 58 percent of the entire exchange of 2,256 companies.

Reports are springing up everywhere that many of these companies, as many as 700 of them, have less than $200,000 in the bank and trade at less than 20 cents a share.

As I mentioned a couple of weeks ago, a junior on the TSX Venture spends on average around $200,000/year in legal and other fees just to comply with regulations; that doesn't include office space, employees, general working capital, and the costs to maintain their assets.

When you factor in other costs, a junior on the TSX Venture will generally need a minimum of at least $1 million per year to operate, provided they cut back on any major drill programs or advancements to their projects.  

That means a minimum of $700 million needs to be raised to keep the 700 companies on the TSX Venture alive for just one more year. That's a lot of money.

When you consider the overall impact of the destruction of the TSX Venture, the numbers become staggering.

Of the 700 juniors that might go under, let's say 20% of them share offices and have three employees each making $30,000/year (I am being very lean here).