General Moly Inc. , the only western-exchange listed, pure-play molybdenum mineral development company, announced today that the Final Supplemental Environmental Impact Statement Notice of Availability for the Mt. Hope Project in Nevada was published in the Federal Register on August 23, 2019. Previously, on March 6, 2019, the NOA for the Draft [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum development company, announced its financial results for the second quarter ended June 30, 2019. Second quarter 2019 and to-date highlights: The Company’s 80%-owned joint venture company, which operates the Mt. Hope Project, Eureka Moly, LLC ended the quarter with a [...]
General Moly Inc. announced that Chief Executive Officer and Chief Financial Officer Bruce D. Hansen and Chief Operating Officer Robert Pennington are investing in General Moly through a private placement purchase of $400,000 of Series B Convertible Preferred Shares of General Moly to provide interim incremental liquidity to the Company. The [...]
General Moly Inc. announced that the AMER International Group is in default of the parties €™ amended Investment Securities Purchase Agreement by failing to provide funding for a Tranche 3 private placement yesterday. The obligation of the Company €™s largest shareholder, AMER International Group to invest $10 million for 20 million common shares [...]
General Moly Inc. announced that the Company, through a subsidiary, received all the necessary water permits from the Nevada State Engineer for the Mt. Hope molybdenum project in Nevada. In addition, the period for judicial review of Nevada State Engineer's approval of the water applications for the issuance of the water permits has expired and no [...]
General Moly Inc.. , the only western exchange listed, pure-play molybdenum mineral development company, announced that it received approval for all proposals submitted to stockholders at its Annual Meeting of Stockholders, which was held on June 24, 2019 in Lakewood, Colorado. Stockholders re-elected Chief Executive Officer Bruce D. Hansen and [...]
General Moly Inc. announced that the Company, through a subsidiary, received approval of its water right applications for the Mt. Hope molybdenum project in Nevada. On June 6, 2019, the Nevada State Engineer issued Ruling 6464 granting the Company's water right applications for mining purposes. The specific water right permits for the Mt. Hope [...]
General Moly Inc. announced that the Kobeh Valley, Nevada ranching family's protests to the Mt. Hope Project's water rights applications pending before the Nevada State Engineer have been formally withdrawn in exchange for the funding of the initial $1 million payment to a trust account. The release of funds to the Ranchers is pending issuance of [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum development company, announced its financial results for the first quarter ended March 31, 2019. First quarter 2019 and to-date highlights: The Company has reached a settlement agreement with a Kobeh Valley, Nevada ranching family , to resolve the last set of protests [...]
Anticipated Tranche 3 Equity Investment by Largest Shareholder General Moly Inc. , the only western-exchange listed, pure-play molybdenum development company, announced that the Mt. Hope Project joint venture company, Eureka Moly, LLC, has entered into a settlement agreement with a Kobeh Valley, Nevada ranching family , resolving the last set of [...]
General Moly Inc. , the only western-exchange listed, pure-play molybdenum development company, announced its financial results for the year ended December 31, 2018. Fourth quarter, year-end and 2019 to-date highlights: As announced by the Company on March 13, 2019, the Board of Directors has retained XMS Capital Partners, Headwall Partners, and [...]
General Moly Inc.. , the only western exchange listed, pure-play molybdenum mineral development company, reports that its Board of Directors has retained XMS Capital Partners, Headwall Partners, and Odinbrook Global Advisors , as financial advisors to assist the Board and management with evaluating and recommending strategic alternatives. The range [...]
