Latest American Cumo Mining Ltd. (MLYCF) Headlines
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American CuMo Mining Corporation announces changes to management team and amendment to terms of Pine Tree Option Agreement
PR Newswire - Tue Jan 21, 3:30PM CST
American CuMo Mining Corporation ("CuMoCo" or the "Company") (TSXV: MLY; OTCQX: MLYCF) announces recent changes to its management team and that the Company and IEMR Resources Inc. ("IEMR") have amended (the "Amendment") the option agreement dated January 26, 2010, as amended (the "Option Agreement"), with respect to the Pine Tree Copper-Molybdenum Property in Nevada (the "Pine Tree Property") pursuant to which IEMR was granted the option (the "Option") to earn a 100% interest, subject to an underlying net smelter returns royalty (the "Underlying NSR"), in the Pine Tree Property.
American CuMo Mining Corporation announces proposed $25 million financing
PR Newswire - Wed Dec 18, 12:02PM CST
American CuMo Mining Corporation ("CuMoCo" or the "Company") (TSXV: MLY) (OTCQX: MLYCF) is pleased to announce its intention to undertake a financing to raise up to US$25 million (the "Financing") through the sale of up to 100 units ("Units") of its subsidiary, Idaho CuMo Mining Corporation ("Idaho CuMo"), at a price of US$250,000 per Unit, with each Unit consisting of a unsecured and non-transferable promissory note in the principal amount of US$250,000 (a "Note") and a right (the "Silver Purchase Right") to enter into a silver purchase and sale agreement (a "Silver Purchase Agreement") with Idaho CuMo.
American CuMo Mining Announces Resignation of Executive Vice President
Marketwire - Tue Sep 17, 4:07PM CDT
American CuMo Mining Corporation (TSX VENTURE: MLY)(OTCQX: MLYCF) (formerly Mosquito Consolidated Gold Mines Limited) ("CuMoCo") reports that Mr. Long Wang has resigned from his position as Executive Vice President of CuMoCo. Mr. Wang remains a director of CuMoCo.
American CuMo Mining Announces the Filing of a Notice a Claim Against Former Management
Marketwire - Thu Aug 22, 3:11PM CDT
American CuMo Mining Corporation (TSX VENTURE: MLY)(OTCQX: MLYCF) (formerly Mosquito Consolidated Gold Mines Limited) ("CuMoCo"), has commenced an action for damages against the former management of the company namely Brian A. McClay, Kyle McClay, Bill Jefferies and 1330275 Ontario Limited (a private company controlled by Jefferies and Brian McClay). The claim arises from actions undertaken while they were in positions of management with fiduciary responsibilities to the shareholders of the company. Details of the Notice of Civil Claim can be obtained from the BC Supreme Court Registry. Management is still investigating other activities and actions that former management engaged in and further proceedings may be forthcoming.
American CuMo Mining Corporation: US Forest Service Supplemental Environmental Assessment Paves Way for Completion of Strategic Metals Exploration in Idaho
Marketwire - Mon Aug 19, 3:13PM CDT
American CuMo Mining Corporation (CuMoCo) (TSX VENTURE: MLY)(OTCQX: MLYCF) is pleased to announce that the U.S. Forest Service (USFS) has released its Supplemental Environmental Assessment (EA) regarding the CuMo Exploration Project. The report, issued August 15, 2013, follows the Forest Service's 2011 Decision Notice and Finding of No Significant Impact and will enable fulfillment of a federal judge's order to carry out studies necessary for completion of the exploration phase of the CuMo Project's large strategic metals asset in Idaho.
IEMR Resources Inc.: Notice of Default, Loan From Related Party and Option Payment
Marketwire - Fri Aug 02, 8:26PM CDT
IEMR Resources Inc. (TSX VENTURE: IRI) (the "Company" or "IEMR") announces that it received a notice of default dated July 31, 2013 from American Cumo Mining Corporation ("American Cumo") in respect of a US$200,000 cash option payment that was due for payment to American Cumo under the option agreement between the Company, American Cumo and Mosquito Mining Corp. (US) dated January 26, 2010, amended April 6, 2010 and May 31, 2010, pursuant to which the Company is to earn a 100% interest in the Pine Tree Property in Nevada.
CuMoCo Receives Updated Report from Fundamental Research
Marketwire - Tue Jul 23, 8:05AM CDT
American CuMo Mining Corporation (CuMoCo) (the "Company") (TSX VENTURE: MLY)(OTCQX: MLYCF) is pleased to announce the receipt of an updated research report, issued by Fundamental Research Corp.
American CuMo Mining Announces Significant Intersections at CuMo Project
Marketwire - Tue May 07, 1:07PM CDT
American CuMo Mining Corporation (TSX VENTURE: MLY)(OTCQX: MLYCF), (formerly Mosquito Consolidated Gold Mines Limited) ("CuMoCo") is pleased to report excellent results from its 2012 diamond drilling program for its Idaho-based molybdenum/copper CuMo Project.
CuMoCo Establishes Idaho CuMo Mining Corporation to Manage Development of CuMo Project
Marketwire - Wed Mar 06, 11:40AM CST
American CuMo Mining Corporation (CuMoCo) (the "Company") (TSX VENTURE: MLY)(OTCQX: MLYCF) is pleased to announce that it has established an Idaho-based corporation named Idaho CuMo Mining Corporation to manage the development of the CuMo Project.
American CuMo Mining Corporation Files Reply and Counter Claim to Suit
Marketwire - Mon Mar 04, 11:38AM CST
American CuMo Mining Corporation (TSX VENTURE: MLY)(OTCQX: MLYCF), (formerly Mosquito Consolidated Gold Mines Limited) ("CuMoCo") announces that on March 1, 2013 it filed a Response to Civil Claim and a Counterclaim to the civil suit previously brought by Bill Jefferies, CuMoCo's former Chief Financial Officer, Corporate Secretary and director, against CuMoCo relating to management fees that Mr. Jefferies has claimed are owed to him in the amount of $107,509.70. In its response, CuMoCo has denied that any sum is due and owing to Mr. Jefferies, and in its counterclaim, it seeks an award of general and special damages against him.