American CuMo Mining Provides Update
Vancouver, British Columbia--(Newsfile Corp. - December 21, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that the Company's Rights Offering was completed with a total of 4,453,776 shares issued for net proceeds of $295,742. When combined with the recently closed private placement, a total of $1,767,669 was raised. The Company is also pleased to report that the previously announced convertible debenture offering (See News Release...
2017-12-21 11:53 AM EST
American CuMo Mining Closes Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2017) - American CuMo Mining Corporation ("CuMoCo" or the "Company") (TSXV: MLY) (OTCQX: MLYCF) is pleased to announce that the second and final tranche of its non-brokered private placement of up to 15,000,000 units ("CuMoCo Units") at a price of Cdn$0.075 per unit (the "CuMoCo Offering"), announced on October 10, 2017, has been closed and oversubscribed. The Board of Directors approved an increase in the size of the CuMoCo Offering,...
2017-12-08 8:49 AM EST
American CuMo Mining Makes Second Payment of IEMR HK Debentures and Updates Shareholders
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that the Company has completed the second payment of USD 597,500 to IEMR HK (representing payment of USD 500,000 of principal owing under the Second Debenture and USD 97,500 of accrued interest) as part of the amended terms of repayment as outlined in October 30, 2017 news release. The Company's recent...
2017-11-29 11:04 AM EST
American CuMo Mining Updates Shareholders
Vancouver, British Columbia--(Newsfile Corp. - November 20, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to provide shareholders with an update on its projects and corporate developments.All eligible shareholders have been issued or mailed their Rights, and ineligible shareholders have been sent a letter explaining the process for making their Rights eligible. The Rights are now trading under the symbol MLY.RT. As announced in...
2017-11-20 4:12 PM EST
American CuMo Announces Rights Offering
Vancouver, British Columbia--(Newsfile Corp. - November 2, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTCQX: MLYCF) ("CuMoCo" or the "Company") announces that it will conduct a rights offering to raise gross proceeds of up to $5 million (the "Rights Offering").The Company will issue rights (the "Rights") to existing shareholders in Canada and to eligible shareholders in the United States and in certain other jurisdictions at the close of business on the record date of November 10,...
2017-11-02 6:21 PM EDT
IIROC Trade Resumption - American CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2017) - Trading resumes in: Company: American CuMo Mining Corporation
2017-10-30 11:04 AM EDT
American CuMo Mining Updates Shareholders on Repayment of Indebtedness
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo or the "Company") announces that it is in the process of negotiating an amendment to the terms of repayment of the two debentures held by International Energy & Mineral Resources Investment (Hong Kong) Limited ("IEMR HK"). The first debenture, in the principal amount of Cdn$1.5 million (the "First Debenture"), was due to have been repaid on October 25,...
2017-10-30 10:58 AM EDT
IIROC Trade Halt - American CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2017) - The following issues have been halted by IIROC: Company:
2017-10-26 8:43 AM EDT
American CuMo Mining Announces Revised Pricing for Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo or the "Company") as a part of its new financing strategy, has repriced its previously announced non-brokered private placement of units (the "Units") to raise gross proceeds of up to CAD$3,750,000 (the "Previous Private Placement"). A total of up to 15,000,000 Units will now be offered for sale at a price of CAD$0.075 per Unit to raise gross proceeds...
2017-10-11 1:14 PM EDT
American CuMo Mining Co-Hosted Residents and Community Leaders for Cumo Project Events
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo or the "Company") and its wholly-owned subsidiary Idaho CuMo Mining Corporation (ICMC) co-hosted two local events to inform elected officials, decision-makers and community members of the latest developments regarding the CuMo Project in Boise County, Idaho. Despite inclement weather, both events were well-attended. On Monday, September 18, approximately...
2017-09-26 11:53 AM EDT
American CuMo Mining Comments on Allegations Regarding Principal of Millennia
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo or the "Company") has become aware of information published by a third party containing troubling allegations involving the principal of Millennia Minerals Pte Ltd. ("Millennia"). The Company has been in lengthy negotiations with Millennia with respect to a proposed financing transaction. The principal of Millennia has advised the Company that such...
2017-09-18 8:45 AM EDT
American CuMo Mining Announces Additional Financing Arrangements and Provides Update on Calida Gold Drilling Program
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo or the "Company") announces that Millennia Minerals Pte Ltd. ("Millennia") has informed the Company that it still intends to proceed with the proposed financing, subject to the final approval of Millennia's Board of Directors, of up to US$200 million (the "Millennia Financing") with the Company, as announced in the Company's previous news releases, and...
2017-09-12 12:27 PM EDT
American CuMo Mining Announces CAD$3.75 Million Non-Brokered Private Placement and Updates its Calida Gold Drilling Program
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo or the "Company") announces that it is arranging a non-brokered private placement of up to 15,000,000 units (the "Units") at a price of CAD$0.25 per Unit to raise gross proceeds of up to CAD$3,750,000 (the "Private Placement"). Each Unit consists of one common share of the Company (a "Share") and one common share purchase warrant (a "Warrant") exercisable...
2017-08-15 10:36 AM EDT
American CuMo Mining Provides Update on Calida Gold Drill Program and Financial Partnership with Millennia
Vancouver, British Columbia--(Newsfile Corp. - August 1, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that drilling at its Calida Gold project continues with five holes completed and a sixth hole currently being drilled. The five completed holes have intersected altered and mineralized zones over significant widths. Holes one and two were reported previously in the Company's news release dated July 17, 2017.The third hole...
2017-08-01 9:36 AM EDT
American CuMo Mining Signs Agreement to Obtain 100% Ownership of CuMo Project and Provides Update on Calida Gold Drill Program
Vancouver, British Columbia--(Newsfile Corp. - July 18, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that it and its wholly-owned subsidiary, Idaho CuMo Mining Corporation ("Idaho CuMo") have executed a mining claims purchase agreement (the "Purchase Agreement") with CuMo Molybdenum Mining Inc. ("CuMo Molybdenum"), Western Geoscience Inc. ("Western Geoscience") and Thomas Evans pursuant to which CuMoCo and Idaho CuMo are to...
2017-07-18 2:45 AM EDT
American CuMo Mining Receives Approval Notice from U.S. Bureau of Land Management for Calida Gold Project in Salmon, Idaho
Vancouver, British Columbia--(Newsfile Corp. - June 28, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that it has received a decision from the United States Department of the Interior's Bureau of Land Management ("BLM") that the surface management notice for the Company's Calida Gold project, located in Salmon, Idaho is complete and the reclamation cost estimate has been approved. The notice will remain in effect...
2017-06-28 3:17 PM EDT
American CuMo Mining provides update on Strategic Financial Partnership with Millennia Minerals
Vancouver, British Columbia--(Newsfile Corp. - June 7, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to provide an update on the Memorandum of Understanding (the "MOU") between the Company, its subsidiaries, Poly Resources LLC ("Poly") and Idaho CuMo Mining Corporation ("Idaho CuMo"), and Millennia Minerals Pte Ltd. (Singapore) ("Millennia") dated February 27, 2017 (see News Release dated February 27, 2017). The MOU outlined the...
2017-06-07 4:03 PM EDT
American CuMo Purchases Significant Patented Claims for CuMo Project, Provides Update on Financing and Announces Upcoming Drill Programs
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that its wholly-owned subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), has completed an option to purchase agreement for thirty-six (36) patented mining claims, covering an area of approximately 640 acres adjacent to the CuMo Project. Patented claims contain the surface rights as well as the mineral rights. These patented...
2017-04-25 9:49 AM EDT
American CuMo Mining Announces US$1 Million Instalment Payment
Vancouver, British Columbia--(Newsfile Corp. - March 15, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company"), along with its subsidiaries Idaho CuMo Mining Corporation and Poly Resources LLC ("Poly"), is pleased to announce that a payment of US$1 million, representing the first instalment payment of the first private placement of US$10 million, as per the binding Memorandum of Understanding entered with Millennia Minerals Pte Ltd. (Singapore)...
2017-03-15 11:39 AM EDT
American CuMo purchases additional Mining Claims for CuMo Project and completes additional Ore-Sorting Analysis
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that its wholly-owned subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), has purchased from a group of local prospectors twenty (20) unpatented mining claims, covering an area of approximately 400 acres adjacent to the CuMo Project. The consideration payable for the claims was a onetime payment of the issuance of Idaho CuMo's...
2017-03-02 6:40 PM EST