Euro Sun Mining Inc., is pleased to announce that it intends to complete a non-brokered private placement financing of up to 11,379,310 common shares of the Company at a price of C$0.29 per Common Share for gross proceeds of up to C$3,300,000.00 with one subscriber. Closing of the Offering is expected to occur on or about January 29, 2020. All [...]
Euro Sun Mining Inc. is pleased to announce that it has closed its previously announced non-brokered private placement financing of common shares for total gross proceeds of C$2,525,000.00. Pursuant to the closing of the Offering, the Company issued 10,100,000 units of the Company at a price of C$0.25 per Unit for gross proceeds of C$2,525,000.00 [...]
Euro Sun Mining Inc. is pleased to announce the appointment of Samuel Rasmussen as chief operating officer for its Rovina Valley project in Romania. In connection with the appointment Mr. Rasmussen has been granted 1,000,000 Euro Sun stock options. The options vest equally over four quarters, have an exercise price of $0.30 and expire five years [...]
Euro Sun Mining Inc., is pleased to announce that it has closed its second tranche of a previously announced non-brokered private placement financing of common shares for gross proceeds of C$525,000.00 . Pursuant to the Second Tranche, the Company issued 2,100,000 units of the Company at a price of C$0.25 per Unit for gross proceeds of [...]
Euro Sun Mining Inc., is pleased to announce that it has closed its first tranche of a previously announced non-brokered private placement financing of common shares for gross proceeds of C$2,000,000.00 . Pursuant to the First Tranche, the Company issued 8,000,000 units of the Company at a price of C$0.25 per Unit for gross proceeds of [...]
Euro Sun Mining Inc. is pleased to announce that further to the press release issued by the Company this morning with respect to a $2,000,000 non-brokered private placement of units of the Company, it intends to upsize the Initial Offering to $3,750,000 to accommodate investor demand. The Offering will be a non-brokered private placement financing [...]
Euro Sun Mining Inc. is pleased to announce that it intends to complete a non-brokered private placement financing of up to 8,000,000 units of the Company at a price of C$0.25 per Unit for gross proceeds of up to C$2,000,000.00. Each Unit will consist of one common share of the Company and one half of a common share purchase warrant. Each Warrant [...]
Euro Sun Mining Inc. is pleased to announce the appointment of Bruce Humphrey as a new independent member of its Board of Directors. Mr. Humphrey is a professional mining engineer with over 45 years experience working in senior management roles with both junior and senior mining companies. As Chairman of Consolidated Thompson Iron Mines Ltd., he [...]
Euro Sun Mining Inc. is pleased to announce it has awarded the Environmental Impact Assessment for the Rovina Valley Project to ERM Environmental Resources Management SRL , based in Bucharest Romania for the ten million ounce Rovina Valley Project in accordance with the mining license granted by the Romania Government in November 2018. ERM is a [...]
Euro Sun Mining Inc. is pleased to announce the surface generative exploration results from the Stanija Prospecting Permit directly adjacent to its Rovina Valley Gold project in Romania. Any mineralization defined on the Stanija PP could have synergies for mine development on the Rovina License as envisioned in the NI 43-101 Preliminary Economic [...]
Euro Sun Mining Inc. is pleased to announce the appointment of Danny Callow as a new independent member of its Board of Directors. Mr. Callow has over 25 years of experience in building and operating large tonnage mines globally. Mr. Callow was formerly Head of African Copper Operations for Glencore PLC., Chief Executive Officer and Executive [...]
Euro Sun Mining Inc., is pleased to announce that further to the press releases dated September 25, 2019 and October 9, 2019, it has completed the acquisition of all of the issued and outstanding shares of Vilhelmina Minerals Inc. that it currently does not own. Vilhelmina is an Ontario-incorporated company that holds a 46.9% ownership interest in [...]