Euromax announces that Mr. Steve Sharpe, President and CEO of the Company, Mr. Varshan Gokool, Chief Financial Officer and additionally Mr. Patrick Forward, a Consultant for the Company have purchased shares in Euromax. Mr. Sharpe purchased 23,428 common shares in the Company at a price of C$1.16 and now owns a total of 875,279 shares in the Company representing approximately 1.24% of the issued capital.
Euromax is pleased to announce the formal approval of the Ilovitza Environmental Impact Study ("EIS") under Macedonian law. Further, the Company is also pleased to announce preliminary positive results of its NI 43-101 Preliminary Economic Assessment ("PEA") for the 100% owned Ilovitza gold project ("Ilovitza Project") in South Eastern Macedonia. A scenario analysis within the preliminary PEA results indicates an NPV of [...]
EurOmax announces that it will proceed with a share consolidation of its issued and outstanding common shares, further to the approval of shareholders at the Company's annual and special general meeting held on 22 May. The Company's name and trading symbol will remain unchanged. The consolidation will be effective from Wednesday 17 October 2012 and carried out on a basis of one (1) post-consolidation share for every three [...]
EurOmax announces that Martyn Konig, a Director and Non-Executive Chairman of the Company purchased 53,500 common shares in the Company at a price of 43 cents on Monday 24 September, 2012. Following the purchase, Mr. Konig now owns a total of 6,866,666 shares in the Company, representing approximately 3.25% of the issued capital.
EurOmax announces that it has implemented the final step in bringing all of its Investor Relations activities in-house with the termination of its contract with Torrey Hills Capital, which will be effective from 30 September 2012. Torrey Hills is an Investor Relations and Public Relations firm based in San Diego and the Company wishes to extend its thanks to Torrey Hills for their services to date.
EurOmax announces that Martyn Konig, a Director and Non-Executive Chairman of the Company has purchased 146,500 common shares in the Company at an average price of 42.26 cents between Wednesday 5th and Friday 7th September, 2012.
EurOmax today reports that it has granted share purchase options pursuant to the Company's share option plan. 300,000 options have been granted to a consultant of the Company exercisable for five years at a price of C$ 0.34 per share and vest on the earlier of December 31, 2013 or if, following the Company's ongoing assessment, a listing in London is completed prior to this date.
EurOmax is pleased to provide an update on recent drilling results and the Commercial Discovery Application at its 100% controlled Trun Project in Bulgaria. Since the last set of results was announced, recent drilling has helped to define the size of the Ruy and Nadejda zones at Big Hill as well as to demonstrate continuity of the KD zone at Little Hill to a vertical depth of 150 meters.
TSX-V: EOX; OTCQX: EOXFFwww.euromaxresources.comVANCOUVER, July 24, 2012 /CNW/ - EurOmax Resources Ltd. (TSX-V: EOX; OTCQX: EOXFF): ("EurOmax" or the "Company") is pleased to announce that it has been granted a concession for the exploitation of mineral resources at its flagship Ilovitza copper-gold project (the "Project") in the municipality of Bosilovo in South Eastern Macedonia, (the "Exploitation Concession [...]
EurOmax Resources wishes to clarify an agreement with one of its service providers which has now been terminated. From October 2009 through June 2012, Proactive Investors North America and Proactive Investors UK provided editorial coverage of Company news releases and analyst commentary, and an online profile page for the Company, for which the Company paid an upfront fee of $12,000 per annum. The Service Provider also [...]
EurOmax announced today that the Company has granted 750,000 stock options to a director of the Company pursuant to the Company's stock option plan. The options are exercisable for five years at a price of $0.25 per share and vest 25% on grant, 25% after one year, 25% after two years and the remaining 25% after three years.
EurOmax Resources is pleased to announce that it has closed the previously announced private placement of 42,000,666 common shares, which shares are subject to a four month hold period expiring on October 13, 2012, at a price of $0.15 per share for gross proceeds of approximately $6.3 million. Further to this, EurOmax is pleased to provide guidance on a refined corporate focus for the Company.