EDM Resources 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 which is valued at approximately US$58 million. Highlights of the Gypsum Offtake Large vertically integrated Gypsum producer and Canadian Wallboard manufacturer who is an arm's length private subsidiary of a publicly listed global [...]
EDM Resources 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 Study As previously announced on May 16, 2024, and Jan 6, 2025, a DMS study [...]
EDM Resources is pleased to announce the initial Heavy Liquid Separation 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 prior to flotation, thereby potentially reducing the overall cost of mineral processing at the Scotia Mine. The results of the [...]
EDM Resources 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 production to start, we have completed [...]
EDM Resources Inc. 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 . 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 announce the closing of the second tranche of [...]
EDM Resources Inc. 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 to comprise of up to 16,363,636 units of the Company at a price per unit of C$0.11 , for total gross proceeds of up to C$1,800,000. Each Unit will consist of one common share of the Company [...]
EDM Resources Inc. 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 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 Haywood, stated: "EDM is pleased to [...]
EDM Resources Inc. 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 to comprise of up to 13,636,363 units of the Company at a price per unit of C$0.11 , for total gross proceeds of up to C$1,500,000. Each Unit will consist of one common share of the Company and one common share [...]
EDM Resources Inc. is pleased to announce a non-brokered private placement offering of 11,363,636 units at a price of C$0.11 per unit , for total gross proceeds of C$1,250,000. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each whole Warrant will entitle the holder thereof to purchase one common share at a price of C$0.14 for a period of 36 months following the issue [...]
EDM Resources Inc. is pleased to announce the signing of a Letter of Intent with Silver Crown Royalties 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 zinc concentrate, we have estimated [...]
EDM Resources Inc. 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 application to the Department of Fisheries [...]
EDM Resources Inc. 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 directly engage with our European investors. The listing on the [...]
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