- CEO
- Kwan Lam
- Sector
- Basic Materials
- Industry
- Steel
- Address
- 36 Toronto Street Toronto ON Canada M5C 2C5
- IPO Date
- Jul 16, 2007
- Business
- Adex Mining Inc. is a Canadian junior mineral exploration and development company focused on advancing and preserving its wholly owned Mount Pleasant Mine Property in New Brunswick, Canada. The Company’s principal business is the exploration, evaluation and potential development of a polymetallic mineral project containing tungsten-molybdenum and tin-indium-zinc mineralization. Its prospective product portfolio comprises tungsten and molybdenum concentrates, as well as tin, indium and zinc-bearing mineral products, subject to future project development, permitting, financing and production decisions. Adex conducts its activities through Adex Minerals Corp., its wholly owned subsidiary that holds the Company’s interest in the Mount Pleasant mining project. The project encompasses approximately 1,600 hectares of subsurface mineral rights in the Mount Pleasant mine area near Utopia/St. George, New Brunswick. The Company serves prospective industrial and metals markets, including supply chains that use tungsten, molybdenum, tin, indium and zinc in alloys, electronics, coatings and other specialty-material applications. Founded in 1992, Adex Mining is headquartered in Toronto, Ontario, Canada, with site operations associated with the Mount Pleasant Property in New Brunswick.
Adex remains focused on stewardship of the Mount Pleasant Property while evaluating strategic alternatives for the multi-metal project. In July 2026, the New Brunswick Department of Natural Resources and Energy cancelled mineral claim 1505, the claim on which the Mount Pleasant project is situated, citing insufficient work-program expenditures, and placed the claim in protected status. In September 2026, Adex Minerals obtained an interim stay of that cancellation, reinstating the claim in the subsidiary’s name pending final determination of its appeal. Also in September 2026, shareholders approved an amended and restated stock option plan authorizing grants of options for up to 67,721,144 common shares, representing 10% of the Company’s issued and outstanding shares, subject to TSX Venture Exchange approval. Adex Mining’s common shares trade on the TSX Venture Exchange under the symbol ADE.