EDM Resources Inc.

EDM Resources is an established Canadian exploration and development company that has full ownership of the Scotia Mine and related mining, processing & administration facilities near Halifax, Nova Scotia. Our mission is to develop our Scotia Mine into a low-cost, long-life, base metals operation to create sustainable value for our stakeholders.

Recent News

EDM Announces Closing of $1M Non-Brokered Private Placement

Halifax, Nova Scotia--(Newsfile Corp. - December 12, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement financing for aggregate gross proceeds of C$1.0 million (the "Offering").The President and CEO, Mr. Mark Haywood, stated: "EDM is pleased to announce the closing of this $1M financing. Net proceeds of the Offering will be used to complete the Fisheries Act Authorization...

2025-12-12 6:00 PM EST

EDM Announces Non-Brokered Private Placement of C$1,000,000

Halifax, Nova Scotia--(Newsfile Corp. - November 12, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") of 9,090,909 units ("Units") at a price of C$0.11 per unit (the "Unit"), for total gross proceeds of C$1,000,000.Each Unit will consist of one common share of the Company (each, a "Unit Share") and one common share purchase warrant (each a "Warrant"). Each whole Warrant will entitle the...

2025-11-12 4:26 PM EST

EDM Receives High Gold Grades in Concentrate Assays

Halifax, Nova Scotia--(Newsfile Corp. - September 3, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce that it has received gold assays of 2.93 g/t and 142 g/t in its assay sweep of zinc and lead concentrates at the Scotia Mine.Highlights of the Gold ResultsLead concentrate fire assay composite sample 142 g/t gold (with repeat assays of 157 g/t and 95.0 g/t gold)Zinc concentrate fire assay composite sample 2.93 g/t gold (with...

2025-09-03 4:00 AM EDT

EDM Closes Silver Royalty Sale

Halifax, Nova Scotia--(Newsfile Corp. - August 13, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce that it has closed its previously announced royalty sale to Silver Crown Royalties Inc. ("SCRi")."We are pleased to have closed our silver royalty with Silver Crown having received the first installment of C$250,000 and also 60,000 Units in Silver Crown." said, Mr. Mark Haywood, President & CEO. SCRi is a silver royalty company listed on the...

2025-08-13 7:45 AM EDT

EDM Announces Positive Results of the Dense Media Separation Study

Halifax, Nova Scotia--(Newsfile Corp. - August 11, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce the final results of the Dense Media Separation Study on all zinc and lead composite samples from its Scotia Mine. The final tests indicate that it may be possible to pre-concentrate crushed run-of-mine material using Dense Media Separation ("DMS") prior to flotation, thereby potentially reducing the overall cost of mineral processing at the...

2025-08-11 7:45 AM EDT

EDM Announces Silver Royalty Agreement

Halifax, Nova Scotia--(Newsfile Corp. - August 7, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce that it has entered into a royalty purchase agreement (the "RPA") with Silver Crown Royalties Inc. ("SCRi") dated August 6, 2025 under which SCRi will acquire a royalty on silver produced from EDM's Scotia mine (the "Royalty")."We are very pleased to secure a silver royalty with Silver Crown for our Scotia Mine which provides $500,000 of...

2025-08-07 7:45 AM EDT

EDM Announces New US$58 Million Gypsum Offtake Agreement

Halifax, Nova Scotia--(Newsfile Corp. - June 9, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce that it has entered into a definitive gypsum offtake supply agreement with a large vertically-integrated gypsum producer and Canadian wallboard manufacturer ("Gypsum Offtaker") which is valued at approximately US$58 million. Highlights of the Gypsum OfftakeLarge vertically integrated Gypsum producer and Canadian Wallboard manufacturer who is an...

2025-06-09 7:45 AM EDT

EDM Provides an Update on the Scotia Mine as it Advances Towards Production

Halifax, Nova Scotia--(Newsfile Corp. - February 27, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce an update on our recent activities and progress on advancing the Scotia Mine to production. "We are pleased to provide an update to our investors on the continued progress made on the advancement of the Scotia Mine towards commercial production" said, Mr. Mark Haywood, President & CEO. Dense Media Separation StudyAs previously announced on...

2025-02-27 7:45 AM EST

EDM Announces Successful Results of Dense Media Separation Study on High-Grade Ores of the Scotia Mine

Halifax, Nova Scotia--(Newsfile Corp. - January 6, 2025) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce the initial Heavy Liquid Separation ("HLS") test results on high-grade zinc and lead composite samples from its Scotia Mine. The initial tests indicate that it may be possible to pre-concentrate crushed run-of-mine high-grade material using Dense Media Separation ("DMS") prior to flotation, thereby potentially reducing the overall cost of mineral...

2025-01-06 7:45 AM EST

EDM Provides an Update on DMS Study and Scotia Mine Advancement

Halifax, Nova Scotia--(Newsfile Corp. - December 9, 2024) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce a corporate update on our recent activities and progress on advancing the Scotia Mine to production."We are pleased to provide an update to our investors on the continued progress made on the advancement of the Scotia Mine towards commercial production," said, Mr. Mark Haywood, President & CEO. "In addition to progressing key tasks required for...

2024-12-09 9:11 AM EST

EDM Announces Closing of Second Tranche of Its Upsized Non-Brokered Private Placement

Halifax, Nova Scotia--(Newsfile Corp. - November 28, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement financing, raising additional aggregate gross proceeds of C$913,440 (the "Offering"). Together, the aggregate gross proceeds of the first and second tranche of the Offering total $1,691,145.The President and CEO, Mr. Mark Haywood, stated: “EDM is pleased to...

2024-11-28 7:24 PM EST

EDM Announces Further Increase to Non-Brokered Private Placement of up to C$1.8M

Halifax, Nova Scotia--(Newsfile Corp. - November 12, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that, further to its new releases dated September 30, 2024 and October 11, 2024, and due to additional investor demand, it has increased its previously announced non-brokered private placement (the "Offering") to comprise of up to 16,363,636 units of the Company ("Units") at a price per unit of C$0.11 (the "Unit"), for total gross proceeds of up to...

2024-11-12 8:00 AM EST

EDM Announces Closing of First Tranche of Its $1.5m Upsized Non-Brokered Private Placement

Halifax, Nova Scotia--(Newsfile Corp. - October 29, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce the closing of the first tranche of the previously announced non-brokered private placement financing for aggregate gross proceeds of C$777,705 (the "Offering"). The Offering was initially announced on September 30, 2024, and the Company announced that it had been upsized to $1,500,000 in its news release of October 11, 2024.The President and CEO, Mr. Mark...

2024-10-29 5:45 PM EDT

EDM Announces Increase to Non-Brokered Private Placement of up to C$1.5M

Halifax, Nova Scotia--(Newsfile Corp. - October 11, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that, further to its press release dated September 30, 2024, and due to strong investor demand, it has increased its previously announced non-brokered private placement (the "Offering") to comprise of up to 13,636,363 units of the Company ("Units") at a price per unit of C$0.11 (the "Unit"), for total gross proceeds of up to C$1,500,000.Each Unit will...

2024-10-11 10:31 AM EDT

EDM Announces Non-Brokered Private Placement of C$1,250,000

Halifax, Nova Scotia--(Newsfile Corp. - September 30, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce a non-brokered private placement offering (the "Offering") of 11,363,636 units ("Units") at a price of C$0.11 per unit (the "Unit"), for total gross proceeds of C$1,250,000. Each Unit will consist of one common share of the Company (each, a "Unit Share") and one common share purchase warrant (each a "Warrant"). Each whole Warrant will entitle the holder...

2024-09-30 8:00 AM EDT

EDM Signs Letter of Intent to Sell a Portion of Its Planned Annual Silver Production to Silver Crown Royalties

Halifax, Nova Scotia--(Newsfile Corp. - September 3, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce the signing of a Letter of Intent ("LOI") with Silver Crown Royalties ("SCRi") for the sale of its anticipated annual silver production at the Scotia Mine. The silver is expected to be produced as a by-product contained within the Scotia Mine's zinc concentrate."Since silver is expected to be produced as a by-product contained within the Scotia Mine's...

2024-09-03 8:30 AM EDT

EDM Provides Progress Report at the Scotia Mine

Halifax, Nova Scotia--(Newsfile Corp. - August 6, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that it continues to make significant progress for a restart of operations at the Scotia Mine. "We are pleased to update our investors that EDM continues to make significant progress on an extensive range of tasks that are necessary to advance the Scotia Mine to production," said, Mr. Mark Haywood, President & CEO. "Whilst completing the...

2024-08-06 8:28 AM EDT

EDM Shares Commences Trading on the Frankfurt Exchange Under the Symbol P3Z

Halifax, Nova Scotia--(Newsfile Corp. - June 24, 2024) - EDM Resources Inc. (TSXV: EDM) (FSE: P3Z) ("EDM" or the "Company") is pleased to announce that it has been approved for trading on the Frankfurt Exchange with the symbol FSE: P3Z. The shares began trading under the new symbol on Thursday June 20, 2024. "We are very pleased to report that EDM shares have been approved for trading on the Frankfurt Exchange. Our new symbol and listing will enable us to...

2024-06-24 8:22 AM EDT

EDM Provides Update on Expanded Ecological Studies Related to Fish and Fish Habitat at the Scotia Mine

Halifax, Nova Scotia--(Newsfile Corp. - June 17, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce the completion of the fourth and final season of environmental DNA (eDNA) sampling for Atlantic Salmon. Consistent with all previous sampling, no Atlantic Salmon DNA was detected at the mine area. This program is a key requirement for the "fish and fish habitat" component of the Fisheries Act Authorization ("FAA") application that will be submitted by the...

2024-06-17 8:00 AM EDT

EDM Initiates Dense Media Separation Study

Halifax, Nova Scotia--(Newsfile Corp. - May 16, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that it has commenced a dense media separation study on the base metal mineralization at the Scotia Mine.The Dense Media Separation ("DMS") is an inexpensive method of pre-concentrating mineralization during processing and may significantly elevate feed grades."After preliminary analysis over the past 6 months, we are excited to now initiate a Dense Media...

2024-05-16 8:45 AM EDT

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