American CuMo Mining Corporation (“CuMoCo” or the “Company”) (TSXV: MLY; OTCQX: MLYCF) announces that it has hired Sacre-Davey Engineering, a mining engineering company with considerable experience in Ore-Sorting, to provide an updated Preliminary Economic Analysis (PEA) for the Company’s CuMo Project that would incorporate the substantial benefits of Ore-Sorting in the analysis. The PEA would...Read More
American CuMo Mining Corporation (“CuMoCo” or the “Company”) (TSXV: MLY; OTCQX: MLYCF) announces that the Company’s Rights Offering was completed with a total of 4,453,776 shares issued for net proceeds of $295,742. When combined with the recently closed private placement, a total of $1,767,669 was raised. The Company is also pleased to report that the...Read More
American CuMo Mining Corporation (“CuMoCo” or the “Company”) (TSXV: MLY; OTCQX: MLYCF) is pleased to announce that the second and final tranche of its non-brokered private placement of up to 15,000,000 units (“CuMoCo Units”) at a price of Cdn$0.075 per unit (the “CuMoCo Offering”), announced on October 10, 2017, has been closed and oversubscribed. The Board...Read More
American CuMo Mining Corporation (“CuMoCo” or the “Company”) (TSXV: MLY; OTCQX: MLYCF) is pleased to announce that the Company has completed the second payment of USD 597,500 to IEMR HK (representing payment of USD 500,000 of principal owing under the Second Debenture and USD 97,500 of accrued interest) as part of the amended terms of...Read More
American CuMo Mining Corporation (“CuMoCo” or the “Company”) (TSXV: MLY; OTCQX: MLYCF) is pleased to provide shareholders with an update on its projects and corporate developments. All eligible shareholders have been issued or mailed their Rights, and ineligible shareholders have been sent a letter explaining the process for making their Rights eligible. The Rights are...Read More
American CuMo Mining Corporation (“CuMoCo” or the “Company”) (TSXV: MLY; OTCQX: MLYCF) announces that it will conduct a rights offering to raise gross proceeds of up to $5 million (the “Rights Offering”). The Company will issue rights (the “Rights”) to existing shareholders in Canada and to eligible shareholders in the United States and in certain...Read More
American CuMo Mining Corporation (“CuMoCo or the “Company”) (TSXV: MLY; OTCQX: MLYCF) announces that it is in the process of negotiating an amendment to the terms of repayment of the two debentures held by International Energy & Mineral Resources Investment (Hong Kong) Limited (“IEMR HK”). The first debenture, in the principal amount of Cdn$1.5 million...Read More
American CuMo Mining Corporation (“CuMoCo or the “Company”) (TSXV: MLY; OTCQX: MLYCF) as a part of its new financing strategy, has repriced its previously announced non-brokered private placement of units (the “Units”) to raise gross proceeds of up to CAD$3,750,000 (the “Previous Private Placement”). A total of up to 15,000,000 Units will now be offered...Read More
American CuMo Mining Corporation (“CuMoCo or the “Company”) (TSXV: MLY; OTCQX: MLYCF) and its wholly-owned subsidiary Idaho CuMo Mining Corporation (ICMC) co-hosted two local events to inform elected officials, decision-makers and community members of the latest developments regarding the CuMo Project in Boise County, Idaho. Despite inclement weather, both events were well-attended. On Monday, September...Read More
American CuMo Mining Corporation (“CuMoCo or the “Company”) (TSXV: MLY; OTCQX: MLYCF) has become aware of information published by a third party containing troubling allegations involving the principal of Millennia Minerals Pte Ltd. (“Millennia”). The Company has been in lengthy negotiations with Millennia with respect to a proposed financing transaction. The principal of Millennia has...Read More
