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PLE - Plexmar Resources (TSX) - Page 117

post #2321 of 2526
Bids are starting to build quite significantly on this one today. Very little on the ask. Rumoured news on final meeting/accord date coming down the pipe.
post #2322 of 2526
Volume spike in the last few minutes. Should be interesting to see how this one closes.
post #2323 of 2526
Steady flow of buying in the last hour. Now trading at the high for the week.
post #2324 of 2526
Thread Starter 
duly noted. been adding the last week.
post #2325 of 2526
Oto have you heard in rumblings regarding Plexmar in the last few weeks? Is the accord still at a standstill?
post #2326 of 2526
0.19
up 26%
post #2327 of 2526
Thread Starter 
all i know is that management has been in peru about a week and that the community contacted the company about a meeting for a presentation from the company. this is important as the accord hitch has been around a long time. so that the community contacted the company is very positive. community also expressed strong support of ple's plans. so vote apparently early june. company is highly optimistic.
post #2328 of 2526
Thats a good sign. Although they were highly optimistic last time around. I always said I would jump back into this one once they signed the accord. Hopefully I won't have too much longer to wait.
post #2329 of 2526
Thread Starter 
word is that a major is keenly interested in bolsa property. i can't verify this (but i find it highly credible).
post #2330 of 2526
Plexmar Resources Inc. (PLE) As of May 24th, 2008
Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction # or value acquired or disposed of Unit Price
May 23/08 May 14/08 Contreras, Juan Indirect Ownership Common Shares 11 - Acquisition carried out privately 300,000
post #2331 of 2526
I have been told that Juan Contreras is a Peruvian/Canadian. He is very influencial and connected in terms of mining in Peru. It was this man who facilitated the meeting of Plexmar with the Ecuador landowner. He is also a board member of Minera Chan Chan. I think with him just getting a 300,000 share present from PLE...and the rumours that are circulating around the street presently...we should be putting two and two together and starting to get interested/excited about what is coming our way.
post #2332 of 2526
Thread Starter 
i see you read my post on agoracom.com dtaylor!
post #2333 of 2526
Yes Sir otobong! And thank you very much for it too. Great to have you back over there. Just wanted to make sure all those over here know about this important piece of information you touched on like those lucky ones over at agoracom. I suspect it will prove to be very important and make a lot of sense in the near future. Thanks again otobong. This week should be very interesting.
post #2334 of 2526
Quote:
Originally Posted by dtaylor View Post
...and the rumours that are circulating around the street presently.
You mean the street that comprises one person?
post #2335 of 2526
May 26, 2008
Plexmar Resources Inc.: Bolsa Del Diablo Update
QUEBEC CITY, QUEBEC--(Marketwire - May 26, 2008) - Plexmar Resources Inc. (TSX VENTURE:PLE) is pleased to report that its subsidiary has been invited to present at a community meeting to be held on June 8th 2008. The company will be asked to present its exploration program and specifically address the benefits to be received by the community. Registered community members will decide at the meeting if the company is allowed to pursue its exploration activities. The company has proposed a partnership whereby the Community would directly own a royalty in the eventuality of commercial production.

"This will be the first time in Peru that a community signs a partnership with a company for an early stage exploration project. We are committed on creating value for the community and for our shareholders while improving the lives of the people in the community, in a safe and environmentally responsible manner." Says Guy Bedard, president.

By maintaining high standards for protecting human health and the environment, and working in cooperation with our host communities, we endeavor to create sustainable, long-term economic and social opportunities. Among our goals is to be recognized by communities and governments as the exploration company of choice in northern Peru.

Outcome of the meeting and details of the benefits offered to the community will be released to shareholders as soon as available.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

136 M shares outstanding


The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.



CONTACT INFORMATION:
Plexmar Resources Inc.
Guy Bedard
President
418-658-6776
www.plexmar.com
post #2336 of 2526

News and finally the official accord meeting!

PLEXMAR RESOURCES INC.

TSX VENTURE: PLE

May 26, 2008 09:17 ET
Plexmar Resources Inc.: Bolsa Del Diablo Update


QUEBEC CITY, QUEBEC--(Marketwire - May 26, 2008) - Plexmar Resources Inc. (TSX VENTURE:PLE) is pleased to report that its subsidiary has been invited to present at a community meeting to be held on June 8th 2008. The company will be asked to present its exploration program and specifically address the benefits to be received by the community. Registered community members will decide at the meeting if the company is allowed to pursue its exploration activities. The company has proposed a partnership whereby the Community would directly own a royalty in the eventuality of commercial production.

"This will be the first time in Peru that a community signs a partnership with a company for an early stage exploration project. We are committed on creating value for the community and for our shareholders while improving the lives of the people in the community, in a safe and environmentally responsible manner." Says Guy Bedard, president.

By maintaining high standards for protecting human health and the environment, and working in cooperation with our host communities, we endeavor to create sustainable, long-term economic and social opportunities. Among our goals is to be recognized by communities and governments as the exploration company of choice in northern Peru.

Outcome of the meeting and details of the benefits offered to the community will be released to shareholders as soon as available.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

136 M shares outstanding

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
post #2337 of 2526
Probability of approval has been elevated to very good since the community is now offered a partnership (sweetener) in the project. I can now see the light at the end of the tunnel.
post #2338 of 2526
Plexmar Resources Inc. Completes the Second Tranche of its Private Offering Announced on April 11, 2008
18:10 EDT Monday, May 26, 2008
QUEBEC CITY, QUEBEC--(Marketwire - May 26, 2008) - DISTRIBUTION OF THIS NEWS RELEASE IS RESTRICTED SOLELY TO CANADA. IT CANNOT BE DISTRIBUTED IN THE UNITED STATES THROUGH U.S.-BASED WIRE SERVICES.

Plexmar Resources Inc. ("Plexmar") (TSX VENTURE:PLE) is pleased to confirm that it has completed today the second tranche of its private offering announced and closed on April 11, 2008. This second tranche, for an amount of $217,000, consisted in the issuance of a total of 1,550,000 units (the "Units") at a price of $0.14 per Unit. Each Unit is comprised of one Plexmar common share and one half common share purchase warrant. Each whole common share purchase warrant entitles its holder to subscribe to one additional common share for a period of 24 months from closing at a price of $0.20 per share for the first twelve months and $0.25 for the following 12 months.

Plexmar intends to use the proceeds of this private offering for the implementation of its exploration programs and for its working capital.

For the purposes of this private offering, Plexmar has granted to one intermediary a total cash compensation of $5,880 and a total of 42,000 broker warrants entitling the holder thereof to subscribe to 42,000 common shares for a period of 12 months after the closing of the offering at a price of $0.14 per share.

Securities issued as part of this offering are subject to a four-month hold period under applicable securities legislation.

FORWARD LOOKING STATEMENTS

This news release contains certain forward-looking statements. These statements relate to future events or Plexmar's future economic performance, and carry risks, uncertainties and other factors - both known and unknown - that may appreciably affect the company's accomplishments, economic performance or results when considered in light of the content or implications of statements made by Plexmar. Actual events or results could be significantly different. Plexmar undertakes no obligation, and does not intend, to update these forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Plexmar Resources Inc.
Guy Bedard
President and Chief Executive Officer
418-658-6776

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
post #2339 of 2526
Nice open. Up 1/2 a cent to $0.195 on 100,000 shares.
post #2340 of 2526
now up 14% on good volume early.
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