Euromax Resources announces that that Varshan Gokool has resigned from the Company's Board of Directors and as Chief Executive Officer and President, effective August 31, 2020. As a result of the foregoing, Mr. Gokool will no longer be included in the management slate of director nominees being put forward at the company's upcoming annual meeting of shareholders to be held on September 18, 2020. The Company has appointed [...]
Euromax Resources has today seen publication of the outcome of yesterday's 171st Government Session, and statements surrounding it. From this we understand that the Government of North Macedonia has made a decision to unilaterally terminate the concession agreement for the Ilovica 6. This is a political decision that completely contradicts recent official public statements made by the Government – as recently as in the [...]
Euromax Resources announces that Raymond Threlkeld has resigned from the Company's board of directors, effective November 13th, 2019. Tim Morgan-Wynne, Chairman, stated: "On behalf of the Company's Board of Directors, we want to thank Ray for his expertise and guidance over the past three and half years. We wish him well in his retirement and will miss the benefit of his forty-nine years dedicated experience in the mining [...]
Euromax Resources has received a notification from the Ministry of Economy of the Republic of North Macedonia that the State Commission for Acting Upon Administrative and Employment proceedings in the Second Instance has rejected the Company's appeal against the Ministry of Economy's Rejection Resolution, as outlined in the Company's press release dated 12th July 2019. The notification concerns the Company's Ilovica 6 [...]
Euromax Resources has received a Rejection Resolution from the Ministry of Economy of the Republic of North Macedonia of its request for an Exploitation Permit no. 24-4490/1. The request was dated 25 July 2016 and concerns one of the Company's two Exploitation Concessions covering the Ilovica-Shtuka Copper project. The rejection resolution is based on the claim that all documents required under law for the application [...]
Euromax Resources is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 16 May 2019, were duly passed at its Annual General Meeting held in Skopje, North Macedonia on Thursday, June 20, 2019. 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 at six in [...]
VANCOUVER, May 28, 2019 /CNW/ - Euromax Resources Ltd., : , is pleased to announce that the Continued Listing Committee of Toronto Stock Exchange has determined that the Company satisfies the TSX's requirements for continued listing. This completes the listing review initiated in connection with Euromax's recently completed private placement financing and related transactions, as described in more detail in the Company's [...]
VANCOUVER, May 13, 2019 /CNW/ - Euromax Resources Ltd., : , is pleased to announce that it has closed its previously announced non-brokered private placement financing to one of its current major shareholders, Galena Resource Equities Limited , an entity controlled by Galena Asset Management S.A., which is an affiliate of the Trafigura Pte. Ltd. , for gross proceeds of CAD$9,188,040 . Pursuant to the Private Placement [...]
Euromax Resources Ltd. : is pleased to announce that Nicolas Treand has been appointed as a Non-Executive Director of the Company. Mr. Treand became independent in August 2018, he is based in Geneva and active in M&A, family office and asset management. Prior to that, he was the CEO of Trafigura Mining Group in charge of all mining and smelting assets of the group, from August 2014 – August 2018. From August 2007 – July [...]
Euromax Resources Ltd., April 26, 2019 : Euromax Resources Ltd. is aware that Solway Investment Group GmbH yesterday issued a press release regarding a proposal relating to the Company, which proposal has been received and considered by the Company. As set out in the Company's news release of March 22, 2019, the Company has entered into a legally binding private placement financing with one of its current major [...]
VANCOUVER, March 22, 2019 /CNW/ - Euromax Resources Ltd., : Euromax Resources Ltd. announces that the terms of the private placement financing to one of its current major shareholders, Galena Resource Equities Limited , an entity controlled and managed by Galena Asset Management S.A., which is an affiliate of Trafigura Pte Ltd. , for gross proceeds of CAD$9,188,040 previously disclosed on February 12, 2019 have been [...]
VANCOUVER, March 8, 2019 /CNW/ - Euromax Resources Ltd., : , announces that it is continuing to work towards the closing of its previously announced non-brokered private placement financing to one of its current major shareholders, Galena Resource Equities Limited, an entity controlled by Galena Asset Management S.A., which is an affiliate of the Trafigura Pte. Ltd., for gross proceeds of CAD$9,188,040 . As was also [...]