EDM Resources Inc. is pleased to provide the following update on the Company's current exploration activities at its Eastville base metals prospect in eastern Nova Scotia, Canada. The group of licenses within its Eastville prospect is comprised of 18 contiguous claims and is strategically located approximately 50 kilometres from the Company's [...]
EDM Resources Inc. today announced that it has appointed Eugene Chen as an independent director to the board effective February 16, 2024. The appointment of Mr. Chen is part of the Company's initiative to expand the skill set and broaden the experience, governance and independence to the Board of Directors. The Company's President & CEO, Mr. Mark [...]
EDM Resources Inc. is pleased to announce that it has made significant progress on the required approvals and permitting that is necessary for the restart of the Scotia Mine. Advancement of Department of Fisheries and Oceans requests for granting of the Fisheries Act Authorization which is required for operationalizing the Scotia Mine Completion of [...]
EDM Resources Inc. is pleased to announce the closing of its previously announced non-brokered private placement financing for aggregate gross proceeds of C$1.4 million . The President and CEO, Mr. Mark Haywood, stated: "EDM is pleased to announce the closing of this strategic financing. We regret that we were not able to accommodate all potential [...]
EDM Resources Inc. is pleased to announce that it is amending the terms of its non-brokered private placement financing announced December 22, 2023. The amended placement now involves the sale of up to 12,727,272 units of the Company at a price of C$0.11 per Unit for gross proceeds of up to C$1,400,000, each Unit consisting of one common share of [...]
EDM Resources Inc. is pleased to announce a non-brokered private placement financing for aggregate gross proceeds of up to C$1,400,000 . The President and CEO, Mr. Mark Haywood, stated: "Proceeds of the placement will be used to advance necessary environmental field work at the Company's Scotia Mine and for working capital. We welcome all our [...]
During THE Mining Investment Event of the North 2023, representatives from TSX and TSXV-listed companies shared their unique perspectives and company stories with TMX Group. The View From The C-Suite video interview series highlights the unique perspectives of listed companies on Toronto Stock Exchange and TSX Venture Exchange. Videos provide [...]
EDM Resources Inc. is pleased to provide its shareholders with the following corporate update. The Company is carefully monitoring the Zinc and Lead metal prices which have remained lower than anticipated. Among other factors, the Company intends to align the Scotia Mine re-start timeline with potentially favourable market conditions. While the [...]
EDM Resources Inc. would like to update the markets on its current activities and priorities for 2023. Last week, the Company ordered certain long lead items for the Scotia Mine Mill. The recent wildfires in Nova Scotia have not affected its activities at the Scotia Mine. Red Cloud Securities Inc., an independent Canadian investment dealer, has [...]
At the request of IIROC, EDM confirms that it does not endorse the buy recommendation made in the Red Cloud Securities Inc. report which is referred to in its news release of May 10, 2023, and retracts this disclosure. EDM did not pay for the Red Cloud report. About EDM Resources Inc. EDM is a Canadian exploration and mining company that has full [...]
Following the closing of its oversubscribed $2M financing last week, EDM Resources Inc. is pleased to provide the following update on the Company's activities and its priorities for the next quarters. The Company's President and CEO, Mr. Mark Haywood, commented: "The Company is pleased to announce Red Cloud Securities Inc. has initiated Research [...]
EDM Resources Inc. is pleased to announce the closing of its previously announced upsized non-brokered hard dollar and flow-though private placement financing for aggregate gross proceeds of C$2,036,100 . The President and CEO, Mr. Mark Haywood, stated: "Zinc is the fourth most consumed metal in the world and plays a key role in the energy [...]