Canadian American Mining Co, LLC

Recent News

  • Canadian American Mining Company reaffirms royalty interest in Atlanta Gold

    Reno, Nevada--(Newsfile Corp. - January 30, 2020) - Canadian American Mining Company, LLC, reaffirmed today that it holds a longstanding royalty interest on the Atlanta Gold Inc. property. According to Canadian American manager, Thomas J. Menning, Canadian American and its affiliate, Atlanta Gold Royalty 1, together hold a 1 percent net smelter royalty on Atlanta Gold production through agreements created Dec. 22, 2002 and Jan. 28, 2009. Canadian American Mining Company holds a majority interest in Atlanta Gold Royalty 1.The...

    2020-01-30 12:00 PM EST
  • Canadian American Mining Company, LLC - Tess Project Carlin Trend Nevada

    Reno, Nevada--(Newsfile Corp. - July 18, 2019) - Canadian American Mining Company, LLC wishes to reaffirm that it holds a long-standing royalty interest on the Tess mining properties. The "Production Royalty" of one percent (1.0 %) of the Net Smelter Returns on production from the property in excess of one million ounces was created through an agreement with Newmont Mining Corp. on August 21, 1996. The Tess unpatented lode mining claims cover 2,180 acres and are contiguous to...

    2019-07-18 11:00 AM EDT
  • Canadian American Mining Closes Private Placement of Units with Pure Nickel

    Reno, Nevada--(Newsfile Corp. - June 25, 2019) - Canadian American Mining announces that it has completed a non-brokered private placement with Pure Nickel, Inc. ("Financing") of 2,333,333 units ("Unit") at a price of $.05 per Unit for a cost of $116,667. Each Unit consists of one common share ('Common Share") and one-half of one Common Share purchase warrant ("Warrant"), each Warrant entitling the holder to purchase one additional Common Share at an exercise price of $0.12 for a period...

    2019-06-25 11:00 AM EDT