Euromax Resources announces that, further to its Oct 18, 2023 press release regarding its application for listing on the TSXV, it has received conditional approval to list the Company's common shares on the TSXV as a Tier 2 Mining Issuer. Further to such conditional approval, Euromax intends to apply to be voluntarily delisted from the Toronto Stock Exchange. Final approval of listing on the TSXV is subject to the Company [...]
Euromax Resources announces that it has applied to list its securities on the TSX Venture Exchange through the streamlined listing procedures of the TSXV as a Tier 2 mining issuer. Euromax is actively working with the TSXV in connection with the Listing and will provide further updates, including with respect to timing, as appropriate. In connection with the proposed Listing, the Toronto Stock Exchange has determined to [...]
Euromax Resources announces that the Government of the Republic of North Macedonia has withdrawn its recently granted approval of the merger of the Company's Ilovica 6 and Ilovica 11 exploitation concessions. This decision contains no explanation of the legal grounds for the reversal of its decision in which the Merger was approved. The Company will ask the Government to reconsider the Merger at the appropriate time [...]
Euromax Resources announces that the Government of the Republic of North Macedonia has issued its approval of the merger of the Company's Ilovica 6 and Ilovica 11 exploitation concessions, based on the announcement in the Official Gazette no. 141. The Government has now passed this matter to the Ministry of Economy to achieve a constructive outcome in relation to the new merged concession. The new merged concession will [...]
Euromax Resources is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 18 May 2023, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Monday, June 26, 2023. At the Meeting, each of the individuals nominated by management for election as a director of the Company were duly elected and the number of directors of the Company was fixed at [...]
Euromax Resources announces that the Administrative Court has issued its decision in respect of the Company's appeal challenging the termination of the Ilovica 6 concession by the Government of the Republic of North Macedonia. The Court has upheld the Company's lawsuit and annulled the disputed decision to terminate the Ilovica 6 concession. The Court has returned the case to the respective authority to reconsider and [...]
Euromax Resourcesannounces that the Company has obtained agreements from each of the European Bank for Reconstruction and Development and CC Ilovitza, an affiliate of Consolidated Contractors Company Group, to extend the maturity date of EBRD's and CCC's previously issued convertible debentures in the aggregate principal amounts of USD$5,000,000 and CAD$5,200,000, respectively, from February 28, 2023, to February 28 [...]
Euromax Resources announces that Ali Vezvaei has been appointed to the Board of Directors as Non Executive Director. He serves as the Chief Executive Officer for ND Group B.V., a responsible and sustainable investment company based in the Netherlands. ND Group's primary focus is investments with the goal to create long lasting impact and value add for communities and the environment, help accelerate the transition to a [...]
Euromax Resources is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of approximately US$3,000,000 million. Pursuant to the Private Placement, the Company has issued 101,250,000 units, with each Unit consisting of: one common share of the Company, one half common share purchase warrant, and one half common share purchase warrant . The Warrants are subject [...]
Euromax Resources is pleased to announce a non-brokered private placement financing with NDX B.V. of up to approximately 101.3 million units of the Company at a price of C$0.04 per Unit. The Company is anticipating aggregate gross proceeds of USD$3 million in connection with the Private Placement, which will be used for general corporate purposes and working capital. Notwithstanding the foregoing, the proceeds of the [...]
Euromax Resources is pleased to announce that the Company has agreed to issue a non-interest bearing, unsecured, convertible promissory note in the principal amount of USD$250,000 to one of its current shareholders, Galena Resource Equities Limited, an entity controlled and managed by Galena Asset Management S.A., which is an affiliate of Trafigura Pte Ltd. A portion of the proceeds from the Private Placement will be used [...]
Euromax Resources is pleased to announce that the Company has agreed to issue a non-interest bearing, unsecured, convertible promissory note in the principal amount of USD$1,000,000 to one of its current shareholders, Galena Resource Equities Limited, an entity controlled and managed by Galena Asset Management, which is an affiliate of Trafigura Pte Ltd. A portion of the proceeds from the Private Placement will be used to [...]
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