American CuMo Mining signs Binding Memorandum of Understanding for Strategic Financial Partnership
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that it, together with its subsidiaries, Poly Resources LLC ("Poly") and Idaho CuMo Mining Corporation ("Idaho CuMo"), has entered a strategic financial relationship with Millennia Minerals Pte Ltd. (Singapore) ("Millennia") initially through a binding Memorandum of Understanding (the "MOU") outlining the broad...
2017-02-27 9:52 AM EST
American CuMo Provides Notice of Default to Platinum Resources International Limited Regarding Poly Resources LLC Agreement
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that Platinum Resources International Limited ("PRI") did not contribute the sum of US$10,000,000 as required within 90 days of the effective date of the Limited Liability Agreement of Poly Resources LLC ("Poly") with the Company's wholly-owned subsidiary, Idaho CuMo Mining Corporation ("Idaho CuMo"). As such, Idaho CuMo has...
2017-02-24 5:20 PM EST
IIROC Trade Halt - American CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2017) - The following issues have been halted by IIROC: Company:
2017-02-24 3:08 PM EST
Detailed Ore-sorting Analysis Confirms Substantial Grade Improvement for CuMo Project Results Indicate US$ Value of Direct Processing Feed Increasing up to 270%
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2017) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces excellent positive results utilizing Ore-Sorting technology on samples from its CuMo deposit located in Idaho. Results reported by Sacre-Davey Engineering on a set of 400 representative samples confirm that mineralization at the CuMo deposit is amenable to significant upgrading through Ore-Sorting technology. Further analysis...
2017-01-24 8:43 AM EST
IIROC Trade Resumption - American CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2016) - Trading resumes in: Company: American CuMo Mining Corporation
2016-11-21 10:15 AM EST
American CuMo Mining Subsidiary Enters into Limited Liability Company Agreement Providing up to US$200 Million in Financing for Joint Venture Company
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2016) - 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") executed an arm's-length Limited Liability Company Agreement (the "LLC Agreement") with Platinum Resources International Limited, a corporation existing under the laws of the British Virgin Islands ("PRI") and having its head office located in Hong...
2016-11-21 9:57 AM EST
IIROC Trade Halt - American CuMo Mining Corporation
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2016) - The following issues have been halted by IIROC: Company:
2016-11-17 9:22 AM EST
American CuMo Mining Signs Agreement for Significant Gold-Silver-Copper Property in Idaho
Vancouver, British Columbia--(Newsfile Corp. - November 14, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) (CuMoCo or the Company) announces the signing of an agreement to earn 100 percent interest in eight unpatented mining claims known as the Calida Mine Property located in southeastern Idaho. "We are extremely pleased to add the Calida Mine Property to our portfolio. This is a highly prospective gold, silver and copper property that has significant historic drill...
2016-11-14 4:08 PM EST
American CuMo Mining to Extend Expiry Date of Certain Outstanding Warrants
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that subject to TSX Venture Exchange ("TSXV") acceptance, it intends to extend the expiry date of a series of previously issued common share purchase warrants by one year. The Company proposes to extend an aggregate of 10,562,750 unexercised warrants (the "Warrants") issued on October 9, 2014 as part of a private placement,...
2016-09-12 5:21 PM EDT
Idaho District Court Affirms Finding of No Significant Impact at the CuMo Project - Requires Establishment of Baseline for Sensitive Plant Species
Vancouver, British Columbia--(Newsfile Corp. - July 13, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) (CuMoCo or the Company) announces that the US District Court - District of Idaho has decided in favor of the US Forest Service ("USFS") in regards to the previously ordered updated groundwater study. Three local anti-development environmental groups had challenged the USFS over its supplemental Environmental Assessment determination for the CuMo Project.In dismissing...
2016-07-13 10:03 AM EDT
American CuMo Mining Appoints Chairman to Idaho CuMo Board
Vancouver, British Columbia--(Newsfile Corp. - June 14, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that it has agreed to appoint Mr. He Yu, President and CEO of MCC8 Capital Limited, as Non-Executive Chairman of Idaho CuMo Mining Corporation. Mr. He's role will be to represent Idaho CuMo Mining in China and to provide project management services for accessing large Chinese financial institutions and private...
2016-06-14 10:53 AM EDT
American Cumo Mining Closes Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 10, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTCQX: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that its non-brokered private placement of up to 10,000,000 units ("CuMoCo Units") at a price of Cdn$0.10 per unit for gross proceeds of up to $1,000,000 (the "CuMoCo Offering"), announced on May 12, 2016 has been closed and oversubscribed. The Board of Directors approved an increase to the size of the CuMoCo Offering,...
2016-06-10 2:43 PM EDT
American CuMo Mining Signs Memorandum of Understanding to Develop the Cumo Molybdenum-Copper-Silver Project
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) (CuMoCo or the Company) is pleased to announce that it and its subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), have signed a non-binding Memorandum of Understanding (MOU) with Ping Shan Resource Holdings Ltd. (PS Resources), a subsidiary of a leading Hong Kong based commodities group, and MCC8 Group Company Limited (MCC8, and collectively with PS Resources, the...
2016-06-06 7:53 AM EDT
American CuMo Mining Announces CDN$ 1 Million Non-Brokered Private Placement and Initiative to Pursue the Sale of up to a 2% Net Smelter Returns Royalty
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that it is arranging a non-brokered private placement of up to 10,000,000 units (the "Units") at a price of Cdn$0.10 per Unit to raise gross proceeds of up to Cdn$1,000,000 (the "Private Placement"). Each Unit consists of one common share of the Company and one share purchase warrant (a "Warrant") exercisable to...
2016-05-12 2:39 PM EDT
American CuMo Mining Signs US$ 50 Million Consulting Agreement with Strategic Venture Fund of Hong Kong
Vancouver, British Columbia--(Newsfile Corp. - May 11, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that it has signed a consulting agreement with Strategic Venture Fund Ltd. of Hong Kong ("the Consultant") to provide introductions to potential funding partners for its CuMo Project.CuMoCo wishes to raise funds up to US$ 50 million to advance the development of its CuMo Project located in Idaho USA, by way of a...
2016-05-11 8:37 AM EDT
American CuMo Mining Announces Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - March 30, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that Shaun Dykes, John Moeller, Joseph Baird, Thomas Conway and Trevor Burns were elected as the Company's Board of Directors at the Company's Annual General Meeting held yesterday. Shareholders of the Company also approved: the reappointment of DeVisser Gray LLP as the Company's auditor; an ordinary resolution approving the...
2016-03-30 1:19 PM EDT
American CuMo Mining Announces Silver Stream Funding and Details of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that Idaho CuMo Mining Corporation ("Idaho CuMo", a wholly-owned subsidiary of CuMoCo), has finalized an agreement with a private California-based investor for the purchase of up to twelve US$250,000 units (“Units") of the Company’s Silver Stream Debentures (see August 20, 2014 Press Release).Under the terms of...
2016-02-10 1:54 PM EST
American Cumo Mining Receives Updated Report from Fundamental Research and Announces Date of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce the receipt of an updated research report, issued by Fundamental Research Corp. The Fundamental Research Report is dated January 22, 2016. The full report is available at http://www.researchfrc.com/new/reports/The Company also announces that the Annual General Meeting has been set for Tuesday, March 18 2016 at...
2016-01-25 8:47 AM EST
American CuMo Comments on Frivolus Lawsuit Filed by Anti-Development Environmental Groups
Vancouver, British Columbia--(Newsfile Corp. - January 20, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") has been notified that anti-development environmental groups filed a lawsuit against the United States Forest Service (USFS) regarding the recent granting of permits to CuMoCo to perform work on the CuMo Project property. The Company considers the lawsuit which was filed with the U.S. District Court in Idaho on January 15, 2016 to be...
2016-01-20 1:50 PM EST
American CuMo Mining Announces CuMo Deposit Amenable to Significant Upgrading Using Ore-Sorting
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2016) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces excellent positive results from utilizing Ore-Sorting technology on samples from its CuMo deposit located in Idaho. Preliminary results reported by Sacre-Davey Engineering clearly establish that mineralization at the CuMo deposit is amenable to significant upgrading using Ore-Sorting technology.The CuMo deposit has long been...
2016-01-12 12:05 AM EST