EDM Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - September 13, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to provide the following update on the Company's recent activities.The President and CEO, Mr. Mark Haywood, commented: "I am pleased to report that the Shareholders and the TSXV have approved the Credit Agreement with IXM S.A., which has now paved the way for us to commence the hiring and construction activities at the Scotia Mine.The Company is also looking to...
2022-09-13 8:00 AM EDT
EDM Provides Exploration Update and Plans for Its Enon & Loch Lomond Projects in Eastern Cape Breton, Nova Scotia
Halifax, Nova Scotia--(Newsfile Corp. - August 29, 2022) - 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 Enon & Loch Lomond base metals projects in eastern Cape Breton, Nova Scotia, Canada.The President and CEO, Mr. Mark Haywood, commented: "In addition to our flagship Scotia Mine operation, the Company holds a number of 100% owned, highly prospective base metals projects in Nova...
2022-08-29 8:00 AM EDT
EDM Announces Financing of Scotia Mine to Commercial Production
Halifax, Nova Scotia--(Newsfile Corp. - June 29, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is very pleased to announce that it has entered into a definitive credit agreement with IXM S.A. ("IXM") to provide US$24 million in debt finance to the Company (the "Credit Agreement"), which will finance the Scotia Mine to commercial production. IXM has also entered into offtake agreements with the Company to buy 100% of the zinc and lead concentrates produced at the...
2022-06-29 9:18 AM EDT
EDM Announces Change of CFO and Annual General Meeting
Halifax, Nova Scotia--(Newsfile Corp. - June 28, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") is pleased to announce that Mr. Christopher Hopkins, a long-standing director and shareholder of EDM, has assumed the role of interim Chief Financial Officer. EDM's President and CEO, Mr. Mark Haywood, stated: "Chris is a highly experienced financial executive, Chartered Accountant and MBA holder. He also has over 25 years of experience in the mining sector, and we greatly...
2022-06-28 5:57 PM EDT
EDM to Resume Trading
Halifax, Nova Scotia--(Newsfile Corp. - May 19, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") announces that further to its news releases of May 10 and May 12, 2022, that the cease trade order issued against the Company due to the late filing of its December 31, 2021 financial statements and related information was revoked on May 12, 2022, and the TSX Venture Exchange has advised the Company that its shares will be reinstated for trading at...
2022-05-19 7:45 AM EDT
EDM Announces Filing of Its 2021 Annual Financials
Halifax, Nova Scotia--(Newsfile Corp. - May 11, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") announces that further to its news release of May 10, 2022, the Company advises that it has now filed its 2021 year-end financial statements and related materials on SEDAR, and expects the cease trade order issued on May 9, 2022 to be lifted imminently. The Company has been advised by the TSX Venture Exchange (the "Exchange") that trading in its shares will...
2022-05-11 8:04 PM EDT
EDM Announces Cease Trade Order and Anticipated Date of Annual Filings
Halifax, Nova Scotia--(Newsfile Corp. - May 10, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") announces that on May 9, 2022, the British Columbia Securities Commission issued a cease trade order (the "CTO") against the Company for failure to file its annual audited financial statements and associated documents for the year ended December 31, 2021 (the "Required Filings") by the filing deadline of May 2, 2022. The CTO will remain in effect until the Required Filings...
2022-05-10 7:45 AM EDT
EDM Reports Entering into Exclusive Negotiations for the Scotia Mine Debt Financing and Offtake
Halifax, Nova Scotia--(Newsfile Corp. - April 4, 2022) - EDM Resources Inc. (TSXV: EDM) ("EDM" or the "Company") announces that it is in advanced exclusive discussions to obtain debt financing and enter into an offtake agreement sufficient to put EDM's Scotia Mine into commercial production in Q4 of 2023. EDM's President and CEO, Mr. Mark Haywood, stated: "We are very pleased with our progress to date in selecting a potential transaction partner for the financing of the Scotia Mine...
2022-04-04 7:45 AM EDT
ScoZinc Provides a Corporate Update & Name Change
Halifax, Nova Scotia--(Newsfile Corp. - January 10, 2022) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that in line with its corporate strategy and shareholders approval, it will be completing its change of name to EDM Resources Inc. on 12th January 2022 ("EDM Resources" or "EDM").ScoZinc's President and CEO, Mr. Mark Haywood, stated: "We are very pleased to complete the first step in our strategic corporate expansion by re-branding and enhancing our...
2022-01-10 7:57 AM EST
ScoZinc Files 2021 Pre-Feasibility Study Technical Report
Halifax, Nova Scotia--(Newsfile Corp. - December 30, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that the National Instrument 43-101 ("NI 43-101") Scotia Mine Pre-Feasibility Study Technical Report has been filed on SEDAR (www.sedar.com) with an effective date of November 16, 2021.The President and CEO, Mr. Mark Haywood, commented: "The Scotia Mine's updated NI 43-101 Pre-Feasibility Study Technical Report filed today on SEDAR demonstrates...
2021-12-30 4:15 PM EST
ScoZinc Announces Improved Results of Its Scotia Mine 2021 Pre-Feasibility Study: Pre-Tax NPV of C$174M and IRR of 69%
Halifax, Nova Scotia--(Newsfile Corp. - November 16, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce the results of its updated Pre-Feasibility Study (the "2021 PFS") including its new Gypsum NI 43-101 Mineral Reserve Estimate ("2020 Mineral Reserve Estimate") for its wholly-owned and permitted Scotia Mine ("Scotia Mine" or the "Project"), located in Nova Scotia, Canada. The 2021 PFS was prepared in collaboration with the independent engineering...
2021-11-16 9:32 AM EST
ScoZinc Establishes Gypsum Offtake & Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - November 1, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that it has established a non-binding gypsum offtake agreement (the "Gypsum Offtake") with a Nova Scotian end buyer for the life of mine supply of Gypsum from its wholly-owned and permitted Scotia Mine ("Scotia Mine") located in Nova Scotia, Canada.ScoZinc's President and CEO, Mr. Mark Haywood, stated: "We are very pleased to secure a third and...
2021-11-01 8:00 AM EDT
ScoZinc Closes Fancamp Investments
Halifax, Nova Scotia--(Newsfile Corp. - October 6, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to announce that it has closed its recently announced private placement and shares for debt transactions with Fancamp Exploration Ltd. ("Fancamp").ScoZinc's President and CEO, Mr. Mark Haywood, commented: "We are very pleased to have closed this significant $1,300,000 investment by Fancamp, and to have settled our $250,000 debt to Fancamp at the same time. We...
2021-10-06 8:00 AM EDT
ScoZinc Provides a Corporate Update
Halifax, Nova Scotia--(Newsfile Corp. - September 23, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") is pleased to provide the following corporate update.ScoZinc's President and CEO, Mr. Mark Haywood, stated: "Our 2020 Pre-Feasibility Study (the "PFS") established the Scotia Mine's robust and long-life potential, which we are now revising with updated project variables and economic assumptions. We are also incorporating the new Gypsum revenue opportunity identified in...
2021-09-23 7:55 AM EDT
ScoZinc and Fancamp Terminate Business Combination and Fancamp to Become Cornerstone Investor in ScoZinc
Halifax, Nova Scotia--(Newsfile Corp. - September 16, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that the February 12, 2021 Arrangement Agreement between ScoZinc and Fancamp Exploration Ltd. ("Fancamp") has been terminated, and the parties have entered into a new agreement (the "Agreement") in which Fancamp will invest in ScoZinc by way of subscription to a $1,300,000 non-brokered private placement as well as convert the Fancamp Loan and Termination Fee to...
2021-09-16 8:00 AM EDT
ScoZinc Extends Deadline to Complete Fancamp Business Combination to September 15, 2021
Halifax, Nova Scotia--(Newsfile Corp. - September 10, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that further to ScoZinc's news release of September 2, 2021, Fancamp Exploration Ltd. ("Fancamp") and ScoZinc have agreed to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 15, 2021.About ScoZinc Mining Ltd.ScoZinc is a Canadian exploration and mining company that has full...
2021-09-10 7:45 AM EDT
ScoZinc Extends Deadline to Complete Fancamp Business Combination to September 9, 2021
Halifax, Nova Scotia--(Newsfile Corp. - September 2, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that further to ScoZinc's news release of August 3, 2021, Fancamp Exploration Ltd. ("Fancamp") and ScoZinc have agreed to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 9, 2021.About ScoZinc Mining Ltd.ScoZinc is a Canadian exploration and mining company that has full ownership of...
2021-09-02 5:55 PM EDT
ScoZinc Extends Deadline to Complete Fancamp Business Combination to September 2, 2021
Halifax, Nova Scotia--(Newsfile Corp. - August 3, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that further to ScoZinc's news release of July 14, 2021, Fancamp Exploration Ltd. ("Fancamp") has paid an additional $125,000 to ScoZinc to extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp to September 2, 2021.About ScoZinc Mining Ltd.ScoZinc is a Canadian exploration and mining company that has...
2021-08-03 5:24 PM EDT
ScoZinc Extends Deadline to Complete Business Combination with Fancamp
Halifax, Nova Scotia--(Newsfile Corp. - July 14, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that it has agreed with Fancamp Exploration Ltd. ("Fancamp") to further extend the deadline for closing the transaction contemplated by the Arrangement Agreement between ScoZinc and Fancamp dated February 18, 2021 (the "Transaction").Fancamp has agreed to pay ScoZinc a fee of $125,000 to extend the closing deadline to August 2, 2021. To the extent that the...
2021-07-14 7:45 AM EDT
ScoZinc Provides a Corporate Update on the Fancamp Transaction
Halifax, Nova Scotia--(Newsfile Corp. - July 2, 2021) - ScoZinc Mining Ltd. (TSXV: SZM) ("ScoZinc" or the "Company") announces that Fancamp Exploration Ltd. ("Fancamp") is unable to meet the extended and agreed closing date of today, July 2, 2021, and that the parties are in discussions concerning the Arrangement Agreement dated February 18, 2021.ScoZinc's President and CEO, Mr. Mark Haywood, stated: "Due to issues with Fancamp holding its AGM on June 29, 2021 and its subsequent indefinite...
2021-07-02 8:06 AM EDT