American CuMo Mining Corp. announces that it has completed its review of all the information gathered during the 2017 drill program conducted at its Calida Gold project. As a result of the Company's assay detailed verification program, it was discovered that there was high variability between individual assays, especially for silver. Also, several assays indicated no precious metals present within the sample where samples [...]
American CuMo Mining Corp. announces that the Company has closed its non-brokered private placement of Units , raising $500,000 dollars through the sale of 10 million Units at a price of $0.05 per Unit. 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 at a price of $0.075 per Warrant Share for a period of two years [...]
American CuMo Mining Corp. announces that it has received a partial revocation order dated December 10, 2018 from the British Columbia Securities Commission to allow it to proceed with a non-brokered private placement of Units . The Company intends to raise up to $500,000 through the sale of up to 10 million Units at a price of $0.05 per Unit. Each Unit consists of one common share of the Company and one common share [...]
American CuMo Mining Corp. was issued a Cease Trade Order by the British Columbia Securities Commission on Friday, November 2, 2018, pursuant to which trading of the Company's securities may not occur until: the Company files a technical report to support the Company's earlier disclosure made in its April 10, 2018 news release with respect to the results of an updated preliminary economic assessment on the CuMo [...]
American CuMo Mining Corp. is pleased to announce that SRK Consulting of Vancouver has been engaged to provide a new update to the mining, tailings, and project economics sections of a Preliminary Economic Assessment study for the CuMo copper-molybdenum project in Idaho, USA, and to generate an NI 43-101 technical report for public release. Given the age of the mining and tailings sections , the Company felt it prudent to [...]
American CuMo Mining Corp. reports that as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify its disclosure. The Company commissioned and distributed a report titled "American CuMo Mining Corp.: Summary and Conclusion" from Kareg Research, New York, dated September 17, 2018 . The author of the Research Report incorrectly used the term "mineral [...]
American CuMo Mining Corp. announces that it is closing the first tranche of a non-brokered private placement of Units . The Company intends to raise up to two million dollars through the sale of up to 20 million Units at a price of $0.10 per Unit. 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 at a price of [...]
American CuMo Mining announces the engagement of Oberon Securities, LLC for investment banking services. Oberon Securities is a New York-based boutique investment bank that addresses the financial needs of small and midsize companies across a broad range of industries. Founded in 2001 by senior professionals who have extensive Wall Street experience in investment banking, venture capital and research, Oberon provides [...]
American CuMo Mining Corp. announces as a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify our disclosure in our filing of a 43-101 technical report dated May 29, 2018 . The Report was filed to support the evaluation of the effects of Ore-Sorting technology on the Preliminary Economics of the CuMo Project as detailed in a news release dated May 30 [...]
American CuMo Mining announces that because of a review by the British Columbia Securities Commission , the Company is issuing this news release to clarify its filing of a 43-101 technical report dated May 29, 2018. The Report was filed to support the evaluation of the effects of Ore-Sorting technology on the Preliminary Economics of the CuMo Project as detailed in a news release dated May 30, 2018. The Report produces [...]
American CuMo Mining is pleased to announce that at the Company's Annual General Meeting held May 30th all resolutions were passed and approved by shareholders. The following individuals were re-elected as Directors of CuMoCo: Shaun M. Dykes, Joseph Baird, Dr. John Moeller, Thomas Conway, and Trevor Burns. The Board of Directors passed the following motions: Shaun Dykes was re-appointed as President and Chief Executive [...]
American CuMo Mining announces it has filed a 43-101 technical report on an independent updated Preliminary Economic Analysis of the Company's 100% owned Copper-Molybdenum-Silver deposit located in Boise County, Idaho. The report focuses on demonstrating the positive economic effects that Mineral Sorting has on the CuMo Project and provides an updated economic analysis at current and a variety of other metal prices. The [...]