EDM Announces No Atlantic Salmon Present in the Third Season of Test Results
Halifax, Nova Scotia--(Newsfile Corp. - May 7, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that it continues to make significant progress on the required environmental work that is necessary for the restart of the Scotia Mine. Completion of three of four seasons of sampling for Atlantic Salmon DNA as required by the Department of Fisheries and Oceans ("DFO").Reconnaissance work to identify additional potential locations for stream and/or river...
2024-05-07 8:35 AM EDT
EDM Provides Exploration Update and Plans for Its Eastville Prospect in Eastern Nova Scotia
Halifax, Nova Scotia--(Newsfile Corp. - March 4, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's current exploration activities at its Eastville base metals prospect in eastern Nova Scotia, Canada. The group of licenses within its Eastville prospect (collectively herein referred to as the "Eastville Prospect") is comprised of 18 contiguous claims and is strategically located approximately 50 kilometres from the...
2024-03-04 8:45 AM EST
EDM Announces Appointment of Eugene Chen to the Board of Directors
Halifax, Nova Scotia--(Newsfile Corp. - February 20, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") today announced that it has appointed Eugene Chen as an independent director to the board effective February 16, 2024. The appointment of Mr. Chen is part of the Company's initiative to expand the skill set and broaden the experience, governance and independence to the Board of Directors.The Company's President & CEO, Mr. Mark Haywood, commented: "On behalf of the Company, we...
2024-02-20 8:40 AM EST
EDM Announces Positive Progress Toward FAA Application for the Scotia Mine Restart
Halifax, Nova Scotia--(Newsfile Corp. - February 13, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that it has made significant progress on the required approvals and permitting that is necessary for the restart of the Scotia Mine. Advancement of Department of Fisheries and Oceans (the "DFO") requests for granting of the Fisheries Act Authorization ("FAA") which is required for operationalizing the Scotia MineCompletion of two of four seasons of...
2024-02-13 8:30 AM EST
EDM Announces Closing of Its $1.4M Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - January 30, 2024) - EDM Resources Inc. (TSXV: EDM) ("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$1.4 million (the "Offering").The President and CEO, Mr. Mark Haywood, stated: "EDM is pleased to announce the closing of this strategic financing. We regret that we were not able to accommodate all potential investors who expressed an interest...
2024-01-30 8:34 PM EST
EDM Amends $1.4M Non-Brokered Placement Terms
Halifax, Nova Scotia--(Newsfile Corp. - January 11, 2024) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that it is amending the terms of its non-brokered private placement financing announced December 22, 2023.The amended placement (the "Offering") now involves the sale of up to 12,727,272 units ("Units") of the Company at a price of C$0.11 per Unit for gross proceeds of up to C$1,400,000, each Unit consisting of one common share of the Company (each...
2024-01-11 8:26 AM EST
EDM Announces $1.4M Non-brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - December 22, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce a non-brokered private placement financing for aggregate gross proceeds of up to C$1,400,000 (the "Offering").The President and CEO, Mr. Mark Haywood, stated: "Proceeds of the placement will be used to advance necessary environmental field work at the Company's Scotia Mine and for working capital. We welcome all our existing shareholders and accredited...
2023-12-22 9:03 AM EST
EDM Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - August 18, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide its shareholders with the following corporate update.The Company is carefully monitoring the Zinc and Lead metal prices which have remained lower than anticipated. Among other factors, the Company intends to align the Scotia Mine re-start timeline with potentially favourable market conditions. While the long-term fundamentals of Zinc and Lead remain robust,...
2023-08-18 6:00 PM EDT
EDM Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - June 8, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") would like to update the markets on its current activities and priorities for 2023.Last week, the Company ordered certain long lead items for the Scotia Mine Mill.The recent wildfires in Nova Scotia have not affected its activities at the Scotia Mine.Red Cloud Securities Inc., an independent Canadian investment dealer, has initiated research coverage on EDM as previously announced...
2023-06-08 9:16 AM EDT
EDM Retracts Buy Recommendation
Halifax, Nova Scotia--(Newsfile Corp. - May 10, 2023) - At the request of IIROC, EDM confirms that it does not endorse the buy recommendation made in the Red Cloud Securities Inc. report which is referred to in its news release of May 10, 2023, and retracts this disclosure. EDM did not pay for the Red Cloud report.About EDM Resources Inc.EDM is a Canadian exploration and mining company that has full ownership of the Scotia Mine and related facilities near...
2023-05-10 3:55 PM EDT
EDM Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - May 10, 2023) - Following the closing of its oversubscribed $2M financing last week, EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's activities and its priorities for the next quarters.The Company's President and CEO, Mr. Mark Haywood, commented: "The Company is pleased to announce Red Cloud Securities Inc. has initiated Research Coverage of EDM, on May 8, 2023, under the title...
2023-05-10 8:32 AM EDT
EDM Announces Closing of Its $2M Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - May 2, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce the closing of its previously announced upsized non-brokered hard dollar and flow-though private placement financing for aggregate gross proceeds of C$2,036,100 (the "Offering").The President and CEO, Mr. Mark Haywood, stated: "Zinc is the fourth most consumed metal in the world and plays a key role in the energy transition as the backbone of clean energy...
2023-05-02 7:56 PM EDT
EDM Announces Upsize to Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - April 20, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that its previously announced non-brokered hard dollar and flow-though private placement for aggregate gross proceeds of up to C$1,650,000 (the "Offering") has been increased to up to C$1,800,000.The hard dollar component of the Offering is a non-brokered private placement of up to 3,300,000 units ("HD Units") of the Company (the "Hard Dollar Offering") at a...
2023-04-20 11:00 PM EDT
EDM Announces Non-Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - March 1, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce a non-brokered hard dollar and flow-though private placement for aggregate gross proceeds of up to C$1,650,000 (the "Offering").The Company's President and CEO, Mr. Mark Haywood, commented: "We are very pleased to provide an opportunity for investors to participate in this private placement, which the Company anticipates being the last prior to the...
2023-03-01 7:45 AM EST
EDM Announces Interim CFO and Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - February 22, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's activities.The Company's President and CEO, Mr. Mark Haywood, commented: "EDM is pleased to announce that Mr. Kevin Farrell has joined the Company as Interim CFO. Kevin has over 15 years of mining industry experience, is a Chartered Professional Accountant, and holds a BA in Accounting and Finance. We welcome him to...
2023-02-22 6:10 PM EST
EDM Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - January 30, 2023) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's activities.The Company's President and CEO, Mr. Mark Haywood, commented: "EDM has completed its Scotia Mine start-up plan which includes updated capital and operating costs, commodity pricing, foreign exchange rates, and other key project variable forecasts. EDM is working closely with its Offtake Partner, contractors...
2023-01-30 6:24 PM EST
EDM Granted Southwest Expansion Environmental Assessment Extension
Halifax, Nova Scotia--(Newsfile Corp. - December 22, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's activities.The Company's President and CEO, Mr. Mark Haywood, commented: "The Company is very pleased to announce that the Honourable Minister of Environment and Climate Change has granted our extension request of the Environmental Assessment Approval ("EA Approval") for our Southwest Pit Expansion for a period of 2...
2022-12-22 7:55 AM EST
EDM Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - November 29, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's activities.The Company's President and CEO, Mr. Mark Haywood, commented: "The Company has been working on a number of updated Scotia Mine start-up plans which include the latest capital and operating costs, commodity pricing, foreign exchange rates, and other key project variable forecasts. These updated plans build...
2022-11-29 8:42 AM EST
EDM Announces Appointment of Rajesh Sharma to Board of Directors
Halifax, Nova Scotia--(Newsfile Corp. - October 4, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that Mr. Rajesh Sharma, has joined the Board of Directors as a nominee of Fancamp Exploration Ltd. As announced by the Company in its news release of September 16, 2021, Fancamp has the right to nominate a director to the Company's board as long as it holds over 10% of the Company's issued and outstanding common shares.About EDM...
2022-10-04 8:30 PM EDT
EDM Engages Red Cloud and Hosts Open Day Community Event at the Scotia Mine
Halifax, Nova Scotia--(Newsfile Corp. - September 22, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's planned activities.The President and CEO, Mr. Mark Haywood, commented: "Now that we have completed a major milestone of the Company with financing approvals in place for commercial production at the Scotia Mine, the Company has initiated its marketing efforts to build the awareness of EDM and its compelling...
2022-09-22 4:45 PM EDT