- CEO
- Kenneth Tollstam
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 837 West Hastings Street Vancouver BC Canada V6C 3N6
- IPO Date
- Oct 9, 2009
- Business
- Vantex Resources Ltd. Vantex Resources Ltd. engages in the acquisition, exploration, appraisal, and development of mining mineral properties primarily focused on gold in Canada. The company holds interests in the Galloway gold project, encompassing multiple properties including Hurd, Ogima North, Sandborn, Perron, Francoeur, Cadillac Rang III, and Renault Bay along the Larder-Lake-Cadillac Break; these assets cover a 3 km-wide corridor of gold-bearing structures spanning 12 km in Quebec, Canada. Incorporated in 1987 and headquartered in Vancouver, Canada, Vantex Resources Ltd. targets junior mining exploration opportunities with no current production revenue, relying on equity financing for operations.
Historically known as Vantex Oil, Gas and Minerals Ltd., the company changed its name to Vantex Resources Ltd. in February 2004 to reflect its shift toward mining minerals. In December 2009, it acquired the Renault Bay mining property from Teck Resources Inc. in exchange for issuing 3,000 shares, expanding its Quebec portfolio. Between 2009 and 2010, Vantex conducted significant diamond drilling programs totaling over 12,900 meters on the Galloway project, including work on the Galloway-Pitchvein Zone. In 2020-2021, Fokus Mining Corporation optioned the Galloway property from Vantex for up to $1 million in payments and 3 million shares, though Vantex retained certain rights that Fokus canceled in 2022 for $500,000, allowing Vantex to refocus on its core assets amid ongoing exploration efforts. The company continues to report quarterly financials, with recent earnings for periods ended July 31, 2025, reflecting exploration-stage losses and no major new partnerships or funding rounds announced in 2024-2025.