American Copper Development has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every five pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 18,580,450 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on Feb [...]
American Copper Development announces that it intends to consolidate the common shares of the Company on the basis of five pre-consolidation Shares for one post-consolidation Share. The Consolidation will become effective at the opening of the market on February 24, 2025. The symbol "ACDX" will remain the same. The new CUSIP number will be 02527W208 and its new ISIN number will be CA02527W2085 for the post-Consolidation [...]
American Copper Development Corp. reports it has received and accepted the resignations of its Chairman and Director Rick van Nieuwenhuyse and Curtis Freeman effective Dec 17, 2024. The board of directors have appointed Michael Murphy as interim Chairman and Director. Daniel Schieber, director of the board, commented: "Rick and Curt have played a founding role in the development of American Copper from the acquisition of [...]
American Copper Development Corp. reports that it has appointed Marcio Fonseca, P.Geo as an independent board member to its board of directors effective immediately. Marcio Fonseca is a highly regarded mining executive with an M.Sc. in Mineral Project Appraisal from the Imperial College, UK and a Specialization in Economic Engineering . Mr. Fonseca has 30+ years of professional experience across multiple commodities and [...]
American Copper Development Corp. reports that it has renegotiated the terms with Waterton Nevada Splitter LLC for the purchase of the Lordsburg Property. The Company now has reduced its liabilities to Waterton from CAD$5,000,000 to CAD$400,000 due by August 2025. In consideration of the new terms, Waterton Nevada Splitter LLC has been paid CAD$625,000 and has been issued 1,564,823 shares in the Company. Rick van [...]
American Copper Development Corp. is pleased to provide assay results from six diamond drill holes totaling 4,661m recently completed at the Lordsburg Project. Highlights Include: AC23-006 intersected 44m of 1.00% CuEq* including, 18m of 2.13% CuEq, 14m of 2.75% CuEq, and 3.0m of 11.35% CuEq - Figure 1; AC23-005 intersected 9.9m of 0.52% CuEq AC23-004 intersected 38m of 0.39% CuEq including, 12m of 1.02% Cu Eq ; AC23-001 [...]
American Copper Development Corp. announces that it has completed its maiden drilling campaign at its 100% owned Lordsburg Project, New Mexico. A total of 6 drill holes were completed for a total of 4,662m . Final analytical results are pending and expected to be completed within the next 3-4 weeks. The Company has also completed a claim staking program and has expanded its land-position to the east of the existing [...]
American Copper Development Corp. is pleased to announce that it has received all required exploration permits from the Bureau of Land Management and the New Mexico Mining and Minerals Division to initiate a maiden 5,000-meter diamond drill program to explore for porphyry copper mineralization at its 100% owned Lordsburg Property located in southwestern New Mexico. The Company has contracted Major Drilling to complete [...]
American Copper Development Corp. announces that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company . DTC eligibility simplifies the process of trading and can enhance liquidity of ACDX's shares in the United States. The Company's shares recently began trading on the OTCQB Venture Market under the ticker symbol "ACDXF". This electronic method [...]
American Copper Development Corp. is pleased to announce that it has entered into a mineral property option agreement with Pacific Ridge Exploration Ltd. and Ronald Bilquist which amends and restates the original mineral property agreement between the Company and Mr. Bilquist dated February 10, 2020 whereby, among other things, Mr. Bilquist shall grant the Company and PEX the right to earn an interest in the Chuchi [...]
American Copper Development Corp. is pleased to announce that effective February 2, 2023, the Company's common shares will commence trading on the OTCQB Venture Market in the United States, under the symbol "ACDXF". The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premiere marketplace for growth and developing U.S. and international companies. Participating companies [...]
American Copper Development Corp. is pleased to report preliminary results from a 134 line-km 3D Titan 160 DC resistivity/induced polarization and Magnetotellurics survey. The survey was completed across 16 lines by Quantec Geoscience over the Company's flagship Lordsburg property in southwestern New Mexico . The purpose of the survey is to provide property-wide deep chargeability, resistivity, and magnetotelluric [...]
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