|By Marketwired .||
|September 20, 2013 05:13 PM EDT||
TORONTO, ONTARIO -- (Marketwired) -- 09/20/13 -- Further to its press release dated May 27, 2013 announcing that its listing on the Toronto Stock Exchange ("TSX") was under review, Rockex Mining Corporation ("Rockex" or the "Company") (TSX:RXM) announces today that the TSX has determined to delist the common shares of the Company from the TSX at the close of market on October 23, 2013 for failure to meet the continued listing requirements of the TSX. The decision of the TSX is subject to appeal in accordance with the rules of the TSX. The Company is reviewing the situation and also considering arranging for a listing on another Canadian stock exchange.
On August 27, 2013, Rockex announced that it had received positive results of a Preliminary Economic Assessment ("PEA") prepared by Met-Chem Canada Inc. for the Company's 100% owned Eagle Island Project ("Eagle Island") in Northwestern Ontario. The National Instrument 43-101 compliant report summarizing the results of the PEA should be filed on SEDAR and Rockex' website within 45 days of the date of the news release.
Rockex' Western Lake St. Joseph Project - which includes Eagle Island, as well as additional potential deposits at Wolf Island and Fish Island - consists of a 100% interest in 17 contiguous mining claims and covers a nominal area of approximately 3,616 hectares located approximately 100 kilometres northeast of Sioux Lookout and 80 kilometres south-southwest of Pickle Lake.
Rockex also holds a 100% interest in three other iron projects in relative close proximity to Eagle Island and Fish Island in the Lake St. Joseph area and another iron project in Northwestern Ontario, the North Spirit Lake Property in the Buckett Lake and Hewett Lake Townships, Red Lake Mining Division, District of Kenora.
Please visit the Company's website at www.rockexmining.com.