American CuMo Mining has become aware of information published by a third party containing troubling allegations involving the principal of Millennia Minerals Pte Ltd. The Company has been in lengthy negotiations with Millennia with respect to a proposed financing transaction. The principal of Millennia has advised the Company that such information [...]
American CuMo Mining announces that Millennia Minerals has informed the Company that it still intends to proceed with the proposed financing, subject to the final approval of Millennia's Board of Directors, of up to US$200 million with the Company, as announced in the Company's previous news releases, and that Millennia has advised that it is in [...]
American CuMo Mining announces that it is arranging a non-brokered private placement of up to 15,000,000 units at a price of CAD$0.25 per Unit to raise gross proceeds of up to CAD$3,750,000. Each Unit consists of one common share of the Company and one common share purchase warrant exercisable to purchase an additional common share of the Company [...]
American CuMo Mining announces that drilling at its Calida Gold project continues with five holes completed and a sixth hole currently being drilled. The five completed holes have intersected altered and mineralized zones over significant widths. Holes one and two were reported previously in the Company's news release dated July 17, 2017. The third [...]
American CuMo Mining announces that it and its wholly-owned subsidiary, Idaho CuMo Mining have executed a mining claims purchase agreement with CuMo Molybdenum Mining, Western Geoscience and Thomas Evans pursuant to which CuMoCo and Idaho CuMo are to acquire from CuMo Molybdenum and Western Geoscience a 100% interest in the CuMo Project mining [...]
American CuMo Mining is pleased to announce that it has received a decision from the United States Department of the Interior's Bureau of Land Management that the surface management notice for the Company's Calida Gold project, located in Salmon, Idaho is complete and the reclamation cost estimate has been approved. The notice will remain in effect [...]
American CuMo Mining is pleased to provide an update on the Memorandum of Understanding between the Company, its subsidiaries, Poly Resources and Idaho CuMo Mining Corporation, and Millennia Minerals Pte Ltd. dated February 27, 2017. The MOU outlined the broad terms of a US$200 million private placement from Millennia to fund early-stage [...]
American CuMo Mining announces that its wholly-owned subsidiary, Idaho CuMo Mining, has completed an option to purchase agreement for thirty-six (36) patented mining claims, covering an area of approximately 640 acres adjacent to the CuMo Project. Patented claims contain the surface rights as well as the mineral rights. These patented claims are in [...]
American CuMo Mining, along with its subsidiaries Idaho CuMo Mining Corporation and Poly Resources LLC, is pleased to announce that a payment of US$1 million, representing the first instalment payment of the first private placement of US$10 million, as per the binding Memorandum of Understanding entered with Millennia Minerals Pte Ltd. (Singapore [...]
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2017) - American CuMo Mining Corp. (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that its wholly-owned subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), has purchased from a group of local prospectors twenty (20) unpatented mining claims, covering an area of [...]
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2017) - American CuMo Mining Corp. (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") is pleased to announce that it, together with its subsidiaries, Poly Resources LLC ("Poly") and Idaho CuMo Mining Corporation ("Idaho CuMo"), has entered a strategic financial relationship with [...]
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2017) - American CuMo Mining Corp. (TSXV: MLY) (OTC Pink: MLYCF) ("CuMoCo" or the "Company") announces that Platinum Resources International Limited ("PRI") did not contribute the sum of US$10,000,000 as required within 90 days of the effective date of the Limited Liability Agreement of [...]
