- CEO
- Larry Edward Seeley
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 82 Richmond Street East Toronto ON Canada M5C 1P1
- IPO Date
- Apr 16, 2015
- Business
- Pasinex Resources Limited is a Canada-based mining company focused on the acquisition, exploration, development and production of high-grade zinc, lead and silver properties primarily in Türkiye and the United States. Incorporated in 2006 and headquartered in Toronto, Ontario, the company operates through its wholly-owned Turkish subsidiary Pasinex Arama ve Madencilik Anonim Sirketi. It owns 100% of Horzum Maden Arama ve Isletme Anonim Sirketi, which operates the producing Pinargozu high-grade zinc mine located 28 kilometers north of Kozan in the Taurus Mountain range of southern Türkiye with average zinc sulphide grades of 49.4%; 100% of the Sarikaya Group IV lead-zinc operating license in Kayseri Province, Türkiye, featuring zinc grades exceeding 30%; a 51% interest in the Gunman zinc exploration project in Nevada, USA; and exploration interests in the Akkaya and Mahyalar properties in Türkiye. Pasinex sells zinc concentrate directly to smelters and refiners via commodity brokers, targeting high-margin underground mining operations with low capital requirements and rapid payback periods in mineral-rich areas along the Anatolian Faults. Recent developments include the September 2025 Share Transfer and Settlement Agreement with Kurmel Holding to acquire full 100% ownership of Horzum A.S. subject to regulatory approval, granting 2.5 million stock options to directors, officers and key employees in September 2025, closing an over-subscribed non-brokered private placement for gross proceeds of C$2.33 million in October 2025, securing 100% ownership of the Sarikaya project via MAPEG approval in November 2025 following staged payments and an addendum agreement, and changing its fiscal year end to March 31 from December 31 announced in October 2025.