Lexston Mining Corporation (CSE: LEXT) (OTCQB: LEXTF) (Deutsche Borse Frankfurt: L75) announced the incorporation of Lexston Guyana Inc., a wholly owned subsidiary in Guyana. The move establishes a local corporate presence to support the company’s evaluation of mineral exploration opportunities in the country.
The incorporation follows Lexston’s recent engagement of Dentons Delany Inc., an international law firm with operations in Guyana. With this local corporate structure in place, the company intends to review potential exploration opportunities in established Guyanese mining districts, including areas within Guyana’s greenstone belts.
“The incorporation of Lexston Guyana Inc. is an important step in the Company’s review of opportunities in Guyana,” stated Jag Bal, Chief Executive Officer of Lexston Mining Corporation. “Following our team’s recent visit, we are pleased to establish a local presence as we continue to assess potential exploration opportunities.”
Lexston is evaluating mineral concessions within established Guyanese mining districts. The company’s objective is to identify opportunities that may complement its existing mineral exploration portfolio. Lexston currently has mineral exploration projects in British Columbia and Nevada.
Investors can find real-time quotes and market information for the company on www.otcmarkets.com. The original release is available on www.newmediawire.com.
This news release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding the company’s plans to evaluate and pursue mineral exploration opportunities in Guyana, the review of mineral concessions, the potential expansion of the company’s mineral exploration portfolio, and the company’s business objectives and strategy.
