Euromax Resources announces that Maciej Sciazko has been appointed to the Board of Directors as Non Executive Director. He serves as Head of Mining Operations for the Trafigura Group and has two decades of experience across the globe. In his current role at Trafigura, Maciej oversees Trafigura's global mining portfolio which consists of multiple JV and wholly owned mining assets. Maciej has a proven track record of [...]
Euromax Resources announces that it has agreed to issue a non-interest bearing, unsecured, non-convertible promissory note in the principal amount of US$804,000 to one of its current major shareholders, Galena Resource Equities, an entity controlled and managed by Galena Asset Management S.A., which is an affiliate of Trafigura Pte Ltd. The proceeds from the Promissory Note will be used to provide the Company with short [...]
Euromax Resources aannounces that further to its news release dated August 5, 2025, it has now completed the issuance of 43,747,183 common shares in the capital of the Company to Galena Resource Equities Limited pursuant to the debt settlement agreement entered into between the Company and Galena on August 5, 2025. The Common Shares were issued at a deemed offering price of C$0.015 per Common Share. Pursuant to the DSA [...]
Euromax Resources is pleased to announce that it has entered into a debt settlement agreement dated August 5, 2025 to settle in full the outstanding debt owing to one of its current major shareholders, Galena Resource Equities, an entity controlled and managed by Galena Asset Management, which is an affiliate of Trafigura, under the non-interest bearing, unsecured, non-convertible promissory note issued to Galena in April [...]
Euromax Resources is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated May 14, 2025, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Tuesday, June 24, 2025. At Annual General Meeting, each of the individuals nominated by management for election as a director of the Company were duly elected and the number of directors of the Company was [...]
Euromax Resources announces that Ali Vezvaei has resigned from the Company's board of directors and as President of the Company, effective June 12, 2025, following the disposal by NDX B.V. of its entire investment in the shares of the Company. The Company thanks him for his contributions and service. Euromax has a major development project in North Macedonia and is focused on building and operating the Ilovica-Shtuka [...]
Euromax Resources announces that the Company has agreed to issue a non-interest bearing, unsecured, non-convertible promissory note in the principal amount of USD$475,000 to one of its current major shareholders, Galena Resource Equities, an entity controlled and managed by Galena Asset Management, which is an affiliate of Trafigura Pte Ltd.. The proceeds from the Promissory Note will be used to provide the Company with [...]
Euromax Resources announces that, further to its press release dated February 10, 2024, the Company has obtained agreements from each of the European Bank for Reconstruction and Development and CC Ilovitza, an affiliate of Consolidated Contractors Company Group, to extend the maturity dates of EBRD's and CCC's previously issued convertible debentures in the aggregate principal amounts of USD$5,000,000 and CAD$5,200,000 [...]
Euromax Resources announces that the Company intends to amend certain terms of its previously issued convertible debentures, which were issued to: i) the European Bank for Reconstruction and Development in the aggregate principal amount of USD$5,000,000; and ii) CC Ilovitza Limited, an affiliate of Consolidated Contractors Company Group, in the aggregate principal amount of CAD$5,200,000. Specifically, Euromax intends to [...]
Euromax Resources announces that further to its news release dated Jan 14, 2025, it has today completed the issuance of 23,698,977 common shares of the Company to the European Bank for Reconstruction and Development pursuant to the debt settlement agreement entered into between the Company and EBRD on Jan 14, 2025. Each Common Share was issued at a deemed offering price of C$0.015 per Common Share. Pursuant to the DSA [...]
Euromax Resources is pleased to announce that it has entered into a debt settlement agreement dated January 14, 2025 to settle a portion of the outstanding debt owing to the European Bank for Reconstruction and Development under the convertible debenture issued by the Company to EBRD in principal amount of USD$5 million, as amended. Pursuant to the DSA, Euromax will be paying off C$355,484.65 representing a portion of the [...]
Euromax Resources announces that further to its news release dated September 30, 2024, it has now closed a non-brokered private placement consisting of 118,494,884 common shares of the Company, at a subscription price of C$0.015 / US$0.01108 per Common Share for aggregate gross proceeds of C$1,777,423 / US$1,312,526. The placees of the Private Placement included two controlling shareholders, two directors of the Company [...]
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