Euromax Resources is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 16 May 2022, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Monday, June 20th, 2022. 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 Company has obtained agreements from each of the European Bank for Reconstruction and Development and CC Ilovitza Ltd, 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, 2022, to February 28 [...]
Euromax Resources announces a new decision in its legal process to reinstate the Company's Ilovica 6 concession. The Company has received official notification that the Administrative Court has ignored the decision of the Higher Administrative Court which had accepted our appeal, as announced on the 20th August 2021. The Lower Court has repeated the same decision that had previously been overturned by the Higher Court [...]
Euromax Resources is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of approximately CAD$1.2 million. Pursuant to the Private Placement, the Company has issued approximately 21 million units, each Unit consisting of one common share of the Company and one common share purchase warrant of the Company, at a price of CAD$0.057075 per Unit. Each Warrant may be [...]
Euromax Resources is pleased to announce that it intends to complete a non-brokered private placement of up to approximately 21 million units of the Company at a price of CAD$0.057 per Unit. The Company is anticipating aggregate gross proceeds of approximately CAD$1.2 million. Each Unit will consist of one common share of the Company and one common share purchase warrant, with each Warrant exercisable for one Common Share [...]
Euromax Resources is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 28 July 2021, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Wednesday, September 1, 2021. 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 [...]
Euromax Resources announces a new decision in its legal process to reinstate the Company's Ilovica 6 concession. The Company has received official notification of the decision by the Higher Administrative Court of the Republic of North Macedonia to rule in favour of Euromax and overturn the previous ruling by the Lower Administrative Court. The case was originally brought by the Company challenging the legality of the [...]
Euromax Resources announces that the annual general meeting of the holders of common shares of the Company will be held on Sept 1, 2021, while the record date related to the annual general meeting will be on July 28, 2021. About Euromax Resources Ltd. Euromax has a major development project in North Macedonia and is focused on building and operating the Ilovica-Shtuka gold-copper project. Forward-Looking Information This [...]
Euromax Resources announces that the Company has obtained agreements from each of the European Bank for Reconstruction and Development and CC Ilovitza Ltd, 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, 2021, to February 28 [...]
Euromax Resources announces that, following the final decision of the Higher Administrative Court of the Republic of North Macedonia in favour of Euromax announced on the 7th December 2020, the North Macedonia state commission responsible for implementing the Court's decision has disregarded this final Court ruling. The State Commission has instead reconfirmed the Minister of Economy's decision rejecting Euromax's [...]
Euromax Resources announces a positive decision in its legal process to reinstate its Ilovica 6 permit. Today, the Higher Administrative Court in North Macedonia has ruled in favour of the Company against the initial decision by the Ministry of Economy to terminate the Ilovica 6 permit. The Higher Administrative Court's ruling creates a new legal situation, as it is final and cannot be appealed by the Government again [...]
Euromax Resources Ltd. is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 14 August 2020, were duly passed at its Annual General Meeting held in Skopje, North Macedonia on Friday, September 18, 2020. 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 Corporation was fixed [...]