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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
EDM Resources Inc. is pleased to announce the completion of the fourth and final season of environmental DNA sampling for Atlantic Salmon. Consistent with all previous sampling, no Atlantic Salmon DNA was detected at the mine area. This program is a key requirement for the "fish and fish habitat" component of the Fisheries Act Authorization [...]
EDM Resources Inc. is pleased to announce that it has commenced a dense media separation study on the base metal mineralization at the Scotia Mine. The Dense Media Separation is an inexpensive method of pre-concentrating mineralization during processing and may significantly elevate feed grades. "After preliminary analysis over the past 6 months [...]
EDM Resources CEO Mark Haywood joined Steve Darling from Proactive to provide an update on substantial progress the company has made regarding environmental compliance critical for the Scotia Mine's restart. The company has effectively completed three of the required four seasonal samplings of Atlantic Salmon DNA, following guidelines set by the [...]
EDM Resources Inc. is pleased to announce that it continues to make significant progress on the required environmental work that is necessary for the restart of the Scotia Mine. Completion of three of four seasons of sampling for Atlantic Salmon DNA as required by the Department of Fisheries and Oceans . Reconnaissance work to identify additional [...]
EDM Resources CEO Mark Haywood joined Steve Darling from Proactive to share news the company is poised for an exciting period of exploration as it ramps up activities at its flagship Scotia Mine property near the Halifax airport. Haywood shared insights into the company's progress, highlighting significant milestones achieved and future plans. The [...]