American CuMo Mining Corp. is pleased to announce that it has received approval from the Vienna Stock Exchange for admittance to trading for its majority owned subsidiary, International CuMo Mining Corporation's previously announced Silver Financing . The units are identified on the exchange as Collateralized Silver Purchase Right Bond CUMO S3 with an ISIN AT0000A2R0R7 and will begin trading May 17, 2021. The Financing [...]
American CuMo Mining Corp. is pleased to announce the TSX Venture Exchange has approved the Company proceeding with the sale of its US$12,500,000 financing involving the sale of up to 12,500 units by its majority owned subsidiary, International CuMo Mining Corporation at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a promissory note in the principal amount of US$1,000 and a right to [...]
American CuMo Mining Corp. and International CuMo Mining Corporation, ) are pleased to announce that the arms-length purchase and sale agreement to purchase the Bleiberg Zinc-Germanium-Lead-Cadmium-Fluorite mining project located in southern Austria announced December 4, 2020 has received TSX Venture Exchange approval. American CuMo Mining Corp. currently owns all the outstanding shares of ICMC. ICMC owns and manages the [...]
American CuMo Mining Corp. is pleased to announce that it has finalized the terms of its proposed US$12,500,000 financing involving the sale of up to 12,500 units by its majority owned subsidiary, International CuMo Mining Corporation at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a non-transferable promissory note in the principal amount of US$1,000 and a right to enter into a [...]
American CuMo Mining Corp. is pleased to announce the appointment of Mr. Wayne Kettleson as an independent director to the Company's Board of Directors. Mr. Kettleson is a retired business professional who operated his own business for over 35 years. The business involved manufacturing, developing, and marketing equipment for silver recovery to the photosynthesis industry, processing and smelting silver sludges, and later [...]
American CuMo Mining Corp. is pleased to announce that all resolutions put forth at the Company's Annual General Meeting held January 12 were passed and approved by the shareholders of the Company. The following individuals were re-elected directors of CuMoCo: Dr. John Moeller, Shaun M. Dykes, and Trevor Burns. Due to health reasons, Thomas Conway did not stand for re-election. The Company wishes to thank Mr. Conway for [...]
American CuMo Mining Corp. announces that it has closed its oversubscribed private placement of convertible debentures previously announced on December 8, 2020. Subscriptions were received for a total of 1,150 debentures for total proceeds of $1,150,000. The Board of Directors of the Company unanimously approved the increase in the placement at its meeting held on January 18, 2021. The Debentures have a five-year term [...]
American CuMo Mining Corp. and Idaho CuMo Mining Corporation announced today that several of its convertible debenture holders have opted to convert their debentures and accrued interest into units consisting of shares and a warrant. As a result of this conversion, the combined accrued interest of $66,810.14 is being converted into units at a price of $0.05 per unit. Each unit consists of one share and one five-year [...]
American CuMo Mining Corp. and Idaho CuMo Mining Corporation are pleased to announce a $1 million 8.75% secured convertible debenture financing . The financing is subject to TSX Venture Exchange approval. The Debentures have a five-year term, are secured by the assets of the Company's subsidiary, ICMC, and pay interest at a rate of 8.75% per annum, with interest paid in semi-annual instalments. At the investor's [...]
American CuMo Mining Corp. and Idaho CuMo Mining Corporation are pleased to announce that on December 1st, 2020, they entered into an arms-length agreement to purchase the Bleiberg Zinc-Germanium-Lead-Cadmium-Fluorite mining project located in southern Austria. The agreement is subject to TSX Venture Exchange approval. The Bleiberg property consists of 116 exploration licenses totaling 6,582.4 hectares that cover the [...]
American CuMo Mining Corp. announces that its Annual Meeting of Shareholders will be held in a virtual-only format and that its 2020 Notice of Annual Meeting, Management Information Circular, and Form of Proxy are now available on SEDAR and on the Company's website at https://cumoco.com/investors/annual-special-general-meeting/. Registration and Log in Process Registered Shareholders and/or duly appointed proxy holders [...]
American CuMo Mining Corp. announces that the Company has applied to the TSX Venture Exchange to extend the term of the following common share purchase warrants for a period of two years. Number of Warrants: 6,510,000 Issued Date: November 17, 2018 Original Expiry Date of Warrants: November 17, 2020 New Expiry Date of Warrants: November 17, 2022 Exercise Price of Warrants: $0.15 and Number of Warrants: 19,625,699 Issued [...]