Euromax Resources announces that the Government of the Republic of North Macedonia has issued its approval of the merger of the Company's Ilovica 6 and Ilovica 11 exploitation concessions, based on the announcement in the Official Gazette no. 141. The Government has now passed this matter to the Ministry of Economy to achieve a constructive outcome [...]
Euromax Resources is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 18 May 2023, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Monday, June 26, 2023. At the Meeting, each of the individuals nominated by management for election as a director of the Company [...]
Euromax Resources announces that the Administrative Court has issued its decision in respect of the Company's appeal challenging the termination of the Ilovica 6 concession by the Government of the Republic of North Macedonia. The Court has upheld the Company's lawsuit and annulled the disputed decision to terminate the Ilovica 6 concession. The [...]
Euromax Resourcesannounces that the Company has obtained agreements from each of the European Bank for Reconstruction and Development and CC Ilovitza, an affiliate of Consolidated Contractors Company Group, to extend the maturity date of EBRD's and CCC's previously issued convertible debentures in the aggregate principal amounts of USD$5,000,000 [...]
Euromax Resources announces that Ali Vezvaei has been appointed to the Board of Directors as Non Executive Director. He serves as the Chief Executive Officer for ND Group B.V., a responsible and sustainable investment company based in the Netherlands. ND Group's primary focus is investments with the goal to create long lasting impact and value add [...]
Euromax Resources is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of approximately US$3,000,000 million. Pursuant to the Private Placement, the Company has issued 101,250,000 units, with each Unit consisting of: one common share of the Company, one half common share purchase [...]
Euromax Resources is pleased to announce a non-brokered private placement financing with NDX B.V. of up to approximately 101.3 million units of the Company at a price of C$0.04 per Unit. The Company is anticipating aggregate gross proceeds of USD$3 million in connection with the Private Placement, which will be used for general corporate purposes [...]
Euromax Resources is pleased to announce that the Company has agreed to issue a non-interest bearing, unsecured, convertible promissory note in the principal amount of USD$250,000 to one of its current shareholders, Galena Resource Equities Limited, an entity controlled and managed by Galena Asset Management S.A., which is an affiliate of Trafigura [...]
Euromax Resources is pleased to announce that the Company has agreed to issue a non-interest bearing, unsecured, convertible promissory note in the principal amount of USD$1,000,000 to one of its current shareholders, Galena Resource Equities Limited, an entity controlled and managed by Galena Asset Management, which is an affiliate of Trafigura [...]
Euromax Resources Ltd. is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated 16 May 2022, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Monday, June 20th, 2022. At the Meeting, each of the individuals nominated by management for election as a director of the [...]
Euromax Resources announces that the Company has obtained agreements from each of the European Bank for Reconstruction and Development and CC Ilovitza Ltd, an affiliate of Consolidated Contractors Company Group, to extend the maturity date of EBRD's and CCC's previously issued convertible debentures in the aggregate principal amounts of [...]
Euromax Resources announces a new decision in its legal process to reinstate the Company's Ilovica 6 concession. The Company has received official notification that the Administrative Court has ignored the decision of the Higher Administrative Court which had accepted our appeal, as announced on the 20th August 2021. The Lower Court has repeated [...]
