Euro Sun Mining Inc., announces that court proceedings at the Cluj-Napoca district court to annul its rezoning environmental endorsement for the Rovina Valley Project have now concluded. The matter was finally heard at the Court on September 29, 2023 after months of delay. The Court did not entertain further postponements, stating that they would [...]
Euro Sun Mining Inc., is pleased to announce that it has entered into a net smelter return royalty agreement with certain purchasers for the Company's Rovina Valley Project . Pursuant to the Agreement, the Holder acquired a 1.0% net smelter return royalty for consideration of C$4.0 million , with C$2.0 million paid as of the date of the Agreement [...]
Euro Sun Mining Inc., is pleased to announce that it intends to complete a non-brokered private placement of up to 100,000,000 common shares of the Company at a premium placed at C$0.05 per Common Share for gross proceeds to the Company of up to approximately C$5 million . Euro Sun intends to use the proceeds of the Offering to repay outstanding [...]
Euro Sun Mining Inc., is pleased to provide a corporate update on the licensing requirements for the Rovina Valley Project . The Company was granted today the renewal of its Certificate of Urbanisation, for another two years beginning July 2023. The granting of this renewal certificate is a significant milestone in the documentary process that [...]
Euro Sun Mining Inc., announces that a new court date has finally been set to hear the matter with respect to the suspension of Euro Sun's environmental license for the Rovina Valley Project. This development is after two previous court dates were delayed by more than five months at the request of Asociatia Declic, an NGO, and more recently [...]
Euro Sun Mining Inc., announces the resignation of Scott Moore as a member of the board of directors effective immediately. Management and the board of directors of the Company would like to thank Mr. Moore for his services and continued support of the Company. About Euro Sun Mining Inc. Euro Sun is a Toronto Stock Exchange listed mining company [...]
Euro Sun Mining Inc., reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated May 5, 2023 for the 2023 Annual General Meeting of shareholders of the Company were elected as directors of the Company. 32.78% of all of the issued and outstanding shares of the Company [...]
Euro Sun Mining Inc., is pleased to announce that it has closed its previously announced non-brokered private placement financing of units of the Company . Pursuant to the closing of the Offering, the Company issued 19,750,000 units of the Company at a price of C$0.05 per Unit for gross proceeds of C$987,500. Each Unit consists of one common share [...]
Euro Sun Mining Inc., is pleased to announce that it intends to complete a non-brokered private placement financing of up to 20,000,000 units of the Company at a price of C$0.05 per Unit for gross proceeds to the Company of up to approximately C$1 million . Each Unit will consist of one common share of Euro Sun and one-half common share purchase [...]
Euro Sun Mining Inc., reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated December 29, 2022 for the 2023 Special Meeting of shareholders of the Company were elected as directors of the Company. 35.355% of all of the issued and outstanding shares of the [...]
Euro Sun Mining Inc. is pleased to announce the appointment of Ryan Ptolemy as the newly appointed Chief Financial Officer of the Company effective immediately. Mr. Ptolemy will succeed Paul Bozoki following Mr. Bozoki's resignation. Mr. Ptolemy is a CPA, CGA and CFA charter holder who also attained a Bachelor of Arts from Western University. Mr [...]
Euro Sun Mining Inc. is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement financing. An aggregate of 2,500,000 common shares were sold under the Second Tranche at a price of C$0.05 per Common Share for aggregate gross proceeds of approximately C$125,000. Euro Sun intends to use the [...]