American Copper Development Corporation (Formerly Known as Cirrus Gold Corp.)

Recent News

American Copper Development Corp. Announces Leadership Transition and Strategic Refocus

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2025) - American Copper Development Corporation (CSE: ACDX) ("ACDX" or the "Company") announces a leadership transition.Effective immediately, Anthony Paterson has been appointed Chief Executive Officer and Director, with Jeremy Ross and Ali Pickett joining the Board.Mr. Anthony Paterson is an experienced venture builder and corporate strategist with a background in advancing exploration and development-stage companies. As an early...

2025-10-31 7:00 AM EDT

American Copper Development Corporation Closes Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 14, 2025) - American Copper Development Corporation (CSE: ACDX) ("ACDX" or the "‎‎Company") announces that, further to its news release dated July 21, 2025, the Company has closed a non-brokered private placement (the "Private Placement") consisting of 5,405,763 units (each, a "Unit") at a price of CAD$0.225 per Unit for aggregate gross proceeds of CAD$1,216,296.74. Each Unit is comprised of one common share (each, a "Share") of the...

2025-08-14 7:00 AM EDT

American Copper Development Corporation Announces Private Placement

Vancouver, British Columbia--(Newsfile Corp. - July 21, 2025) - American Copper Development Corporation (CSE: ACDX) ("ACDX" or the "‎‎Company") announces a non-brokered private placement (the "Private Placement") of up to 5,350,000 units (each, a "Unit") at a price of CAD$0.225 per Unit for aggregate gross proceeds of up to CAD$1,203,750. Each Unit will be comprised of one common share (each, a "Share") of the Company and one transferable Share purchase warrant (each, a "Warrant"), with each...

2025-07-21 9:30 PM EDT

American Copper Development Corporation Announces Share Consolidation

Vancouver, British Columbia--(Newsfile Corp. - February 19, 2025) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "Company") announces that it intends to consolidate the common shares of the Company (each, a "Share") on the basis of five (5) pre-consolidation Shares for one (1) post-consolidation Share (the "Consolidation"). The Consolidation will become effective at the opening of the market on February 24, 2025. The symbol "ACDX" will remain the same. The new CUSIP...

2025-02-19 12:21 PM EST

American Copper Development Corporation Announces Changes to Board of Directors

Vancouver, British Columbia--(Newsfile Corp. - December 19, 2024) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") reports it has received and accepted the resignations of its Chairman and Director Rick van Nieuwenhuyse and Curtis Freeman effective Dec 17, 2024. The board of directors have appointed Michael Murphy as interim Chairman and Director.Daniel Schieber, director of the board, commented: "Rick and Curt have played a founding role in the development of...

2024-12-19 1:10 PM EST

American Copper Development Corporation Appoints Marcio Fonseca P.Geo to Board of Directors

Vancouver, British Columbia--(Newsfile Corp. - November 4, 2024) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") reports that it has appointed Marcio Fonseca, P.Geo as an independent board member to its board of directors effective immediately. Marcio Fonseca is a highly regarded mining executive with an M.Sc. in Mineral Project Appraisal from the Imperial College, UK (Integrated with MBA Program) and a Specialization in Economic Engineering (FDC Brazil).Mr....

2024-11-04 7:00 AM EST

American Copper Development Corporation Reduces Property Purchase Liabilities by $4.6M or 90%

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDC" or the "‎‎Company") reports that it has renegotiated the terms with Waterton Nevada Splitter LLC for the purchase of the Lordsburg Property. The Company now has reduced its liabilities to Waterton from CAD$5,000,000 to CAD$400,000 due by August 2025. In consideration of the new terms, Waterton Nevada Splitter LLC has been paid CAD$625,000 and has been issued...

2024-05-08 7:00 AM EDT

American Copper Development Corporation Confirms Large Scale Porphyry System at Lordsburg, New Mexico; Widespread High Grade Copper Mineralization Intersected including 44m of 1.00% CuEq

Vancouver, British Columbia--(Newsfile Corp. - September 11, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "‎‎Company") is pleased to provide assay results from six diamond drill holes totaling 4,661m recently completed at the Lordsburg Project, New Mexico. Highlights Include:AC23-006 intersected 44m of 1.00% CuEq* (0.86% Cu, 10.55 g/t Ag, and 0.1 g/t Au) including, 18m of 2.13% CuEq, 14m of 2.75% CuEq, and 3.0m of 11.35% CuEq (9.48% Cu, 217.5 g/t...

2023-09-11 7:30 AM EDT

American Copper Completes Maiden Drill Program and Expands Land Position at the Lordsburg Project, New Mexico

Vancouver, British Columbia--(Newsfile Corp. - August 21, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "‎‎Company") announces that it has completed its maiden drilling campaign at its 100% owned Lordsburg Project, New Mexico. A total of 6 drill holes were completed for a total of 4,662m (Figure 1). Final analytical results are pending and expected to be completed within the next 3-4 weeks. The Company has also completed a claim staking program and...

2023-08-21 8:30 AM EDT

American Copper Initiates a 5,000m Drill Program at its Flagship Lordsburg Project

Vancouver, British Columbia--(Newsfile Corp. - March 27, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) (FSE: D52) ("ACDX" or the "‎‎Company") is pleased to announce that it has received all required exploration permits from the Bureau of Land Management (BLM) and the New Mexico Mining and Minerals Division (NM MMD) to initiate a maiden 5,000-meter diamond drill program to explore for porphyry copper mineralization at its 100% owned Lordsburg Property located in...

2023-03-27 8:30 AM EDT

American Copper Receives DTC Eligibility for U.S Trading

Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "‎‎Company") announces that its common shares are now eligible for electronic clearing and settlement in the United States through the Depository Trust Company ("DTC").DTC eligibility simplifies the process of trading and can enhance liquidity of ACDX's shares in the United States. The Company's shares recently began trading on the OTCQB Venture...

2023-03-20 8:30 AM EDT

American Copper Options Chuchi South and Chuchi West Properties to Pacific Ridge Exploration

Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDX" or the "‎‎Company") is pleased to ‎announce that it has entered into a mineral property option agreement with Pacific Ridge Exploration Ltd. ("PEX") and Ronald Bilquist which amends and restates the original mineral property agreement between the Company and Mr. Bilquist dated February 10, 2020 (the "Mineral Property Agreement") whereby, among other...

2023-03-06 8:00 AM EST

American Copper Development to Commence Trading on the OTCQB Venture Market Under Symbol "ACDXF"

Vancouver, British Columbia--(Newsfile Corp. - February 2, 2023) - American Copper Development Corporation (CSE: ACDX) (OTCQB: ACDXF) ("ACDC" or the "‎‎Company") is pleased to announce that effective February 2, 2023, the Company's common shares will commence trading on the OTCQB Venture Market (the "OTCQB") in the United States, under the symbol "ACDXF". The OTCQB is a U.S. trading platform that is operated by the OTC Markets Group in New York and is the premiere marketplace for growth and...

2023-02-02 8:30 AM EST

American Copper Development Corporation Completes 134 line-km Titan 160 DCIP and MT Survey Over the Lordsburg Property, New Mexico

Vancouver, British Columbia--(Newsfile Corp. - January 18, 2023) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") is pleased to report preliminary results from a 134 line-km 3D Titan 160 DC resistivity/induced polarization (DCIP) and Magnetotellurics (MT) survey. The survey was completed across 16 lines (13 N-S and 3 E-W) by Quantec Geoscience over the Company's flagship Lordsburg property in southwestern New Mexico (see map in appendix). The purpose of the...

2023-01-18 8:30 AM EST

American Copper Development Corporation Appoints Tom Peregoodoff to Board of Directors

Vancouver, British Columbia--(Newsfile Corp. - November 3, 2022) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") announces the appointment of Mr. Tom Peregoodoff as Director, effective November 1st, 2022. Rick Van Nieuwenhuyse, Chairman of the board, comments: "We are thrilled to have Tom and his vast technical and executive experience join our board. Tom's experience includes value-add roles with Pretium (sold to Newcrest in 2022), BHP, Peregrine Diamonds...

2022-11-03 8:30 AM EDT

American Copper Development Corporation Grants Stock Options

Vancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") reports that, pursuant to the Company's 2021 Incentive Stock Option Plan, the Company has granted incentive stock options to directors, officers, employees and consultants of the Company to purchase up to 4,200,000 common shares in the capital stock of the Company. The options are exercisable on or before September 9, 2027 at a price of $0.25 per...

2022-09-12 8:30 AM EDT

American Copper Development Corporation to Resume Trading Following Acquisition of Lordsburg Property

Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") is pleased to announce that the common shares of the Company (the "Shares") will resume trading on August 30, 2022, under the stock ticker symbol "ACDX", as set out in the bulletin of the Canadian Securities Exchange (the "CSE") issued on August 26, 2022. Trading of the Shares was halted on January 13, 2022, concurrent to the announcement that the...

2022-08-29 1:00 PM EDT

American Copper Development Corporation Completes Acquisition of Lordsburg Property, Adds Rick Van Nieuwenhuyse as Chairman and Daniel Schieber as CEO and Completes Private Placement

Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - American Copper Development Corporation (CSE: CI) ("ACDC" or the "‎‎Company") has completed its acquisition (the "Transaction") of certain mineral property interests located in the State of New Mexico (the "Lordsburg Property") from Pyramid Peak Mining, LLC ("PPM"), a wholly owned subsidiary of ‎Waterton Precious Metals Fund II Cayman, LP, and Mason Resources (US) Inc.("Mason", and collectively with PPM, the "Vendors"), a wholly...

2022-08-09 8:30 AM EDT

Cirrus Executes Definitive Agreement to Consolidate Lordsburg Porphyry Copper Mining District in New Mexico

Vancouver, British Columbia--(Newsfile Corp. - May 26, 2022) - Cirrus Gold Corp. (CSE: CI) ("Cirrus" or the "‎‎Company") is pleased to announce that further to its news release dated January 13, 2022 (the "Previous News Release"), it has entered into a definitive asset purchase agreement (the "APA") with Pyramid Peak Mining, LLC ("PPM"), a wholly owned subsidiary of ‎Waterton Precious Metals Fund II Cayman, LP ("Waterton"), and Mason Resources (US) Inc., a wholly owned subsidiary of Hudbay...

2022-05-26 8:30 AM EDT

Cirrus to Consolidate the Lordsburg Property in New Mexico from Waterton Global Resource Management and Hudbay Minerals and Announces Private Placement and Management Changes

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2022) - Cirrus Gold Corp. (CSE: CI) ("Cirrus" or the "‎‎Company") announces that it has entered into a binding letter agreement (the "Letter Agreement") with Pyramid Peak Mining, LLC. ("PPM"), a wholly owned subsidiary of ‎Waterton Precious Metals Fund II Cayman, LP ("Waterton"), and Mason Resources (US) Inc., a wholly owned subsidiary of Hudbay Minerals Inc. ("Hudbay", and collectively ‎with PPM, the "Vendors"), whereby Cirrus would...

2022-01-13 3:53 PM EST

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