Multi Metals Responds to British Columbia Securities Commission Cease Trade Order
Vancouver, British Columbia--(Newsfile Corp. - April 13, 2023) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) announces that as a result of the British Columbia Securities Commission issuing a cease trading order on March 17, 2023, and an amended cease trading order on March 18, 2023, the Company is issuing the following news release. The Cease trade orders alleged the improper disclosure and failures to file Material Change Reports for...
2023-04-13 10:00 PM EDT
Multi-Met Receives First Payment Under Joint Venture Agreement on Bleiberg Property, Austria
Vancouver, British Columbia--(Newsfile Corp. - January 31, 2023) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) and its subsidiary Poly Resources LLC (POLY) are pleased to announce that POLY has received the initial payment under the terms of the Joint venture agreement (previously announced In News Release dated October 26, 2022) with Battery Age Minerals (formerly Pathfinder Resources Ltd.) an Australian public company. A total of...
2023-01-31 5:01 PM EST
International CuMo Mining Corporation Completes Merger with US Public Traded Company
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2023) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) and its subsidiary, International CuMo Mining Corporation (ICMC), are pleased to announce that ICMC has completed the merger with a US "shell corporation," Joway Health Industries Group Inc. (OTC Pink: GTVI). By virtue of the merger, ICMC is now trading on the OTC Pink market under the symbol noted above. Joway's name will be...
2023-01-24 2:38 PM EST
Multi-Met Signs Joint Venture Agreement on Bleiberg Property, Austria
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2022) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) and its subsidiary Poly Resources LLC (POLY) are pleased to announce that POLY has signed a binding, arm's length, heads of agreement with Pathfinder Resources Ltd. an Australian public company to enter into a joint venture for the development of the Bleiberg Project in Austria.Under the terms of the agreement, Pathfinder can...
2022-10-26 11:36 AM EDT
International CuMo Mining Corporation Signs Term Sheet to Merge with US Public Traded Company
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2022) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American CuMo Mining Corporation) and its subsidiary, International CuMo Mining Corporation (ICMC), are pleased to announce that ICMC has signed a non-binding term sheet to merge with a US "shell corporation," Joway Health Industries Group Inc. (OTC Pink: GTVI). Upon completion of the merger, Joway's name will be changed to International CuMo Mining...
2022-09-20 10:12 AM EDT
Multi-Metal Development Ltd Signs Contract with MineSense Technologies to Complete Ore Sort Test Work for CuMo Project
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) and its subsidiary International CuMo Mining Corporation are pleased to announce that they have signed a contract with MineSense Technologies Ltd of Vancouver to conduct an analysis to confirm that the proprietary ShovelSense technology of MineSense can be successfully deployed to optimize the ore sorting process at CuMo....
2022-09-13 10:31 AM EDT
Multi-Metal Development: Reconnaissance Survey Indicates an Extension of Mineralization at Bleiberg Property, Austria
Vancouver, British Columbia--(Newsfile Corp. - August 8, 2022) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) is pleased to announce that it has discovered along strike, several surface exposures of zinc-lead mineralization at its Bleiberg Property in Austria, similar to what has been historically mined. The new mineralization is exposed between 4 and 12 km beyond the end of the existing underground workings (see figure below). The...
2022-08-08 11:09 AM EDT
Multi-Metal Development Ltd. Announces: Additional Ore-Sorting Analysis Confirms Results from Previous Ore Sorting Tests
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) is pleased to announce that it has completed the stage 2 ore-sorting analysis of the drill core at its CuMo project. The work completed involved the detailed visual analysis of all holes (37) drilled by the Company into the mineralized zone and is in addition to the stage 1 Ore-Sorting analysis reported in news release date June...
2022-06-13 7:30 PM EDT
Multi-Metal Development Ltd. Announces Name Change and Update
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2022) - Multi-Metal Development Ltd (TSXV: MLY) (OTC Pink: MLYCF) (formerly American Cumo Mining Corporation) is pleased to announce that it has competed its name change from American CuMo Mining Corporation to Multi-Metal Development Ltd.At the opening of the markets on May 16, 2022, the Company's common shares commenced trading under the new name Multi-Metal Development Ltd. with the same stock symbol "MLY". The Company's new CUSIP...
2022-05-16 10:46 AM EDT
American CuMo Mining Announces Closing Financing by International CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2022) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) wishes to announce that its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") has closed its financing (initially announced in news release October 26, 2021 with further announcements on December 7, 2021 and February 7, 2022 ) . ICMC has sold 31,000,000 units at a price of US$0.10 per unit. Each unit consists of one share of ICMC and a 5-year...
2022-05-11 9:17 AM EDT
American CuMo Announces Positive Results from Shareholder Meeting and Appointment of New Directors and Officers
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2022) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that all resolutions at the AGM meeting held April 21, 2022 have been passed and approved by the shareholders of the company. The following individuals were re-elected directors of CuMoCo: Shaun M. Dykes, Dr. John Moeller, Wayne Kettleson and Trevor Burns.The Board of Directors passed the following motions: (a) Shaun...
2022-04-25 11:05 AM EDT
American CuMo Mining Announces Virtual Annual Meeting of Shareholders, Files Proxy Circular
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2022) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that its Annual General and Special meeting of the Shareholders (the "Meeting") will be held April 21, 2022 in a virtual-only format, and that its 2021 Notice of Annual Meeting, Management Information Circular and Form of Proxy are now available on SEDAR and on the Company's website at...
2022-03-14 9:22 AM EDT
American CuMo Mining Announces No Longer Accepting Oversubscribed Financing Subscriptions by International CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2022) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) wishes to announce that its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") is no longer accepting subscriptions for its oversubscribed financing (initially announced in news release October 26, 2021). ICMC is filing with the TSX Venture exchange for approval of a total of 31,00,000 units at a price of US$0.10 per unit. Each unit consists...
2022-02-07 11:06 AM EST
International CuMo Mining Announces Incoming Management Team
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2022) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") wishes to announce additions to the management team of its majority owned subsidiary, International CuMo Mining Corporation (ICMC).The incoming team, which brings together many decades of experience in the financing, permitting, and engineering of mineral assets, has a mandate to advance the CuMo Project to pre-feasibility in the most...
2022-01-11 9:15 AM EST
American CuMo Mining Corporation Announces Debenture Conversion
Vancouver, British Columbia--(Newsfile Corp. - January 4, 2022) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") wishes to announce that certain of its convertible debenture holders have opted to convert their debentures and accrued interest into units consisting of shares and a warrant.As a result of this conversion a total of 5,655,00 shares and 5,655,000 5-year 0.075 warrants will be issued to cover the principal of the debentures. The accrued...
2022-01-04 9:16 AM EST
American CuMo Mining: Company Closes Oversold Private Placement Offering
Vancouver, British Columbia--(Newsfile Corp. - December 29, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that it is closing its oversubscribed private placement previously announced on December 7, 2022. Subscriptions were received for a total of 15,000,000 Units for proceeds of $750,000. The transaction closing requires TSX Venture Exchange approval.Each Unit will be comprised of one common share of the Company (a "Share") and...
2021-12-29 9:35 AM EST
American CuMo Mining Provides Update
Vancouver, British Columbia--(Newsfile Corp. - December 7, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo") is pleased to provide an update to shareholders.In regard to the recently announced financing (October 26, 2021 News Release) by its majority owned subsidiary, International CuMo Mining Corporation ("ICMC"), the offering is currently oversubscribed. The offering consists of twenty million units at a price of US$0.10 per unit. Each unit consists of one...
2021-12-07 9:20 AM EST
American CuMo Mining Announces Proposed Financing by International CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) wishes to announce that its majority owned subsidiary, International CuMo Mining Corporation ("ICMC"), intends to place for sale up to twenty million units at a price of US$0.10 per unit. Each unit consists of one share of ICMC and a 5-year warrant to purchase an additional share for US$0.15. The transaction is subject to the approval and consent of the TSX Venture...
2021-10-26 10:35 AM EDT
American CuMo Mining Announces Closing of First Tranche of Silver Purchase Financing
Vancouver, British Columbia--(Newsfile Corp. - August 25, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) (the "Company") is pleased to announce that International CuMo Mining Corporation ("ICMC"), the Company's subsidiary, has closed the initial tranche (the "Initial Tranche") of the sale of silver units (the "Units") in the amount of US $1,089,00 pursuant to the previously announced silver unit financing (see the Company's news release dated April 7, 2021) (the...
2021-08-25 10:30 AM EDT
British Columbia Securities Commission Technical Disclosure Review
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that as a result of a review by the British Columbia Securities Commission ("BCSC"), the Company is issuing this news release to retract the following disclosure "Current metal prices would reduce this potential cash cost (to produce a pound of molybdenum) to under US$0.75 per pound." in its news release date May 12, 2021 and...
2021-05-26 5:07 PM EDT