EDM Resources Inc. is pleased to announce that its previously announced non-brokered hard dollar and flow-though private placement for aggregate gross proceeds of up to C$1,650,000 has been increased to up to C$1,800,000. The hard dollar component of the Offering is a non-brokered private placement of up to 3,300,000 units of the Company at a price [...]
EDM Resources Inc. is pleased to announce a non-brokered hard dollar and flow-though private placement for aggregate gross proceeds of up to C$1,650,000 . The Company's President and CEO, Mr. Mark Haywood, commented: "We are very pleased to provide an opportunity for investors to participate in this private placement, which the Company anticipates [...]
EDM Resources Inc. is pleased to provide the following update on the Company's activities. The Company's President and CEO, Mr. Mark Haywood, commented: "EDM is pleased to announce that Mr. Kevin Farrell has joined the Company as Interim CFO. Kevin has over 15 years of mining industry experience, is a Chartered Professional Accountant, and holds a [...]
EDM Resources Inc. is pleased to provide the following update on the Company's activities. The Company's President and CEO, Mr. Mark Haywood, commented: "EDM has completed its Scotia Mine start-up plan which includes updated capital and operating costs, commodity pricing, foreign exchange rates, and other key project variable forecasts. EDM is [...]
EDM Resources Inc. is pleased to provide the following update on the Company's activities. The Company's President and CEO, Mr. Mark Haywood, commented: "The Company is very pleased to announce that the Honourable Minister of Environment and Climate Change has granted our extension request of the Environmental Assessment Approval for our Southwest [...]
EDM Resources Inc. is pleased to provide the following update on the Company's activities. The Company's President and CEO, Mr. Mark Haywood, commented: "The Company has been working on a number of updated Scotia Mine start-up plans which include the latest capital and operating costs, commodity pricing, foreign exchange rates, and other key [...]
EDM Resources Inc. is pleased to announce that Mr. Rajesh Sharma, has joined the Board of Directors as a nominee of Fancamp Exploration Ltd. As announced by the Company in its news release of September 16, 2021, Fancamp has the right to nominate a director to the Company's board as long as it holds over 10% of the Company's issued and outstanding [...]
EDM Resources Inc. is pleased to provide the following update on the Company's planned activities. The President and CEO, Mr. Mark Haywood, commented: "Now that we have completed a major milestone of the Company with financing approvals in place for commercial production at the Scotia Mine, the Company has initiated its marketing efforts to build [...]
EDM Resources Inc. is pleased to provide the following update on the Company's recent activities. The President and CEO, Mr. Mark Haywood, commented: "I am pleased to report that the Shareholders and the TSXV have approved the Credit Agreement with IXM S.A., which has now paved the way for us to commence the hiring and construction activities at [...]
EDM Resources Inc. is pleased to provide the following update on the Company's current exploration activities at its Enon & Loch Lomond base metals projects in eastern Cape Breton, Nova Scotia, Canada. The President and CEO, Mr. Mark Haywood, commented: "In addition to our flagship Scotia Mine operation, the Company holds a number of 100% owned [...]
EDM Resources Inc. is very pleased to announce that it has entered into a definitive credit agreement with IXM S.A. to provide US$24 million in debt finance to the Company , which will finance the Scotia Mine to commercial production. IXM has also entered into offtake agreements with the Company to buy 100% of the zinc and lead concentrates [...]
EDM Resources Inc. is pleased to announce that Mr. Christopher Hopkins, a long-standing director and shareholder of EDM, has assumed the role of interim Chief Financial Officer. EDM's President and CEO, Mr. Mark Haywood, stated: "Chris is a highly experienced financial executive, Chartered Accountant and MBA holder. He also has over 25 years of [...]
