Multi-Metal Development Ltd.

Recent News

American CuMo Mining Announces Silver Purchase Financing Approved for Vienna Exchange Listing

Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) is pleased to announce that it has received approval from the Vienna Stock Exchange for admittance to trading for its majority owned subsidiary, International CuMo Mining Corporation's ("ICMC") previously announced Silver Financing (see news release dated April 7, 2021). The units are identified on the exchange as Collateralized Silver Purchase Right Bond CUMO S3 with...

2021-05-12 7:35 AM EDT

American CuMo Mining Announces Silver Purchase Financing Now Available

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce the TSX Venture Exchange has approved the Company proceeding with the sale of its US$12,500,000 financing (the "ICMC Silver Financing") involving the sale of up to 12,500 units ("ICMC Silver Units") by its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") at a price of US$1,000 per ICMC Silver...

2021-04-07 12:43 PM EDT

American CuMo Mining and International CuMo Mining (formerly Idaho CuMo Mining) Receive Exchange Approval to Purchase a Significant Austrian Zinc-Germanium-Cadmium-Lead Past Producer

Vancouver, British Columbia--(Newsfile Corp. - March 15, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") and International CuMo Mining Corporation, (formerly Idaho CuMo Mining Corporation ("ICMC")) are pleased to announce that the arms-length purchase and sale agreement to purchase the Bleiberg Zinc-Germanium-Lead-Cadmium-Fluorite mining project located in southern Austria announced December 4, 2020 has received TSX Venture Exchange...

2021-03-15 2:00 PM EDT

American CuMo Mining Announces Terms of Silver Purchase Financing

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) is pleased to announce that it has finalized the terms of its proposed US$12,500,000 financing (the "ICMC Silver Financing") involving the sale of up to 12,500 units ("ICMC Silver Units") by its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a...

2021-02-24 7:25 AM EST

American CuMo Mining Announces Appointment of Independent Director

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce the appointment of Mr. Wayne Kettleson as an independent director to the Company's Board of Directors. Mr. Kettleson is a retired business professional who operated his own business for over 35 years. The business involved manufacturing, developing, and marketing equipment for silver recovery to the photosynthesis...

2021-02-03 8:49 PM EST

American CuMo Mining Announces Positive Results from Annual General Meeting and Updates Shareholders

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that all resolutions put forth at the Company's Annual General Meeting ("AGM") held January 12 were passed and approved by the shareholders of the Company.The following individuals were re-elected directors of CuMoCo: Dr. John Moeller, Shaun M. Dykes, and Trevor Burns. Due to health reasons, Thomas Conway did not...

2021-01-19 8:21 PM EST

American CuMo Mining Closes Oversold Convertible Debenture Offering

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that it has closed its oversubscribed private placement of convertible debentures (the "Debentures") previously announced on December 8, 2020. Subscriptions were received for a total of 1,150 debentures for total proceeds of $1,150,000. The Board of Directors of the Company unanimously approved the increase in the placement at...

2021-01-19 6:04 PM EST

American CuMo Mining and Idaho CuMo Mining Announce Debenture Conversion, Update on Financing, 2021 AGM Meeting Reminder

Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") and Idaho CuMo Mining Corporation ("ICMC") announced today that several 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, the combined accrued interest of $66,810.14 is being converted into units at a price of $0.05...

2021-01-05 3:02 PM EST

American CuMo Mining and Idaho CuMo Mining Announce Proposed Financings

Vancouver, British Columbia--(Newsfile Corp. - December 8, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") and Idaho CuMo Mining Corporation ("ICMC") are pleased to announce a $1 million 8.75% secured convertible debenture financing (the "Debentures"). The financing is subject to TSX Venture Exchange approval.The Debentures have a five-year term, are secured by the assets of the Company's subsidiary, ICMC, and pay interest at a rate of 8.75%...

2020-12-08 3:14 PM EST

American CuMo Mining and Idaho CuMo Mining Enter into an Agreement to Purchase a Significant Austrian Zinc-Germanium-Cadmium-Lead Past Producer

Vancouver, British Columbia--(Newsfile Corp. - December 4, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") and Idaho CuMo Mining Corporation ("ICMC") are pleased to announce that on December 1st, 2020, they entered into an arms-length agreement to purchase the Bleiberg Zinc-Germanium-Lead-Cadmium-Fluorite mining project located in southern Austria. The agreement is subject to TSX Venture Exchange approval.The Bleiberg property consists of 116...

2020-12-04 7:27 AM EST

American CuMo Mining Announces Virtual Annual Meeting of Shareholders and Files Proxy Circular

Vancouver, British Columbia--(Newsfile Corp. - November 26, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that its Annual Meeting of Shareholders (the "Meeting") will be held in a virtual-only format and that its 2020 Notice of Annual Meeting, Management Information Circular, and Form of Proxy are now available on SEDAR and on the Company's website at https://cumoco.com/investors/annual-special-general-meeting/.Registration and...

2020-11-26 4:08 PM EST

American CuMo Mining Announces Warrant Extensions

Vancouver, British Columbia--(Newsfile Corp. - November 6, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that the Company has applied to the TSX Venture Exchange to extend the term of the following common share purchase warrants for a period of two years.Number of Warrants: 6,510,000 Issued Date: November 17, 2018Original Expiry Date of Warrants: November 17, 2020 New Expiry Date of Warrants: November 17, 2022 Exercise Price of...

2020-11-06 12:36 PM EST

American CuMo Mining Announces Reinstatement of Trading on the TSX Venture Exchange and Date of Annual and Special Shareholder Meeting

Vancouver, British Columbia--(Newsfile Corp. - November 3, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that the TSX Venture Exchange (the Exchange) issued a bulletin on Monday, November 2, 2020, stating that the Exchange has been advised that the cease trade order issued by the British Columbia Securities Commission dated Nov. 2, 2018, has been revoked and that effective at the opening, Wednesday, Nov. 4, 2020, trading...

2020-11-03 11:53 AM EST

American CuMo Mining Announces Updates of Various Disclosures

Vancouver, British Columbia--(Newsfile Corp. - October 30, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") the Company is providing the following updates.On February 25, 2017, the Company entered a strategic financial relationship with Millennia Minerals (Singapore) ("Millennia") initially through a binding Memorandum of Understanding (MOU) to be further consummated by the execution of a Definitive Agreement. The agreement calls for the...

2020-10-30 5:58 PM EDT

American CuMo Mining Announces Revocation of Cease Trade Order

Vancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC PINK: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that the cease trade order ("CTO") issued by the British Columbia Securities Commission ("BCSC") has been revoked.The CTO was issued by the BCSC on November 2, 2018 due to the requirement to file a technical report in regards to certain disclosures made in the Company's April 10, 2018 news release on the results...

2020-09-16 7:57 AM EDT

American CuMo Mining Announces Refiling of its March 31, 2020 Interim Financials and MD&A

Vancouver, British Columbia--(Newsfile Corp. - September 1, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that amended and restated financials and management's discussion and analysis for the quarter ending March 31, 2020 (The "Amended and Restated March 31, 2020 statements") have been filed on SEDAR. The Amended and Restated March 31, 2020 statements were prepared following a continuous disclosure review by the British Columbia...

2020-09-01 6:21 PM EDT

American CuMo Mining Files Independent Preliminary Economic Assessment for the CuMo Project

Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to report on positive results from an independent Preliminary Economic Assessment (PEA) of its 100% owned CuMo Project, a large Copper-Molybdenum-Silver- Rhenium deposit located in Boise County, Idaho. The independent, third-party analysis was conducted by SRK Consulting (Canada) Inc., Sacré-Davey Engineering and Giroux...

2020-06-02 2:50 PM EDT

American CuMo Mining Provides Update on Technical Report Filing

Vancouver, British Columbia--(Newsfile Corp. - January 14, 2020) - American CuMo Mining Corporation (TSXV: MLY) (OTC: MLYCF) ("CuMoCo" or the "Company") is pleased to report that further to the Company's December 20, 2019 news release, Sacré-Davey Engineering Inc. of North Vancouver has been engaged to provide a new qualified person to replace one of the eight qualified persons in the recently withdrawn technical report titled "Preliminary Economic Assessment & NI 43-101 Technical Report for...

2020-01-14 1:42 PM EST

American CuMo Mining Announces Retraction of Technical Report

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2019) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that on November 27, 2019, the Company had filed a technical report on SEDAR titled "Preliminary Economic Assessment & NI 43-101 Technical Report for the CuMo Project, USA" (the "Technical Report"), with an effective date of October 15, 2019 , that suggests that the Technical Report was authored by eight (8) qualified persons....

2019-12-20 9:11 PM EST

American CuMo Mining files Independent Preliminary Economic Assessment for the CuMo Project

Dated and filed on SEDAR as of November 26, 2019Vancouver, British Columbia--(Newsfile Corp. - November 27, 2019) - American CuMo Mining Corporation (TSXV: MLY) (OTCQX: MLYCF) ("CuMoCo" or the "Company") is pleased to report on positive results from an independent Preliminary Economic Assessment (PEA) of its 100% owned CuMo Project, a large Copper-Molybdenum-Silver- Rhenium deposit located in Boise County, Idaho. The independent, third-party analysis was conducted by SRK Consulting (Canada)...

2019-11-27 2:01 PM EST

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