MLYCF Stock UPDATES American Cumo Mining Ltd. (MLYCF) 0.0525
Post# of 273327
Posted On: 09/03/2014 1:33:15 AM
American Cumo Mining Ltd. (MLYCF) 0.0525 $MLYCF
American CuMo Mining delays receivership application
CNW Group - Wed Aug 06, 11:48AM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company"
(TSXV: MLY; OTCQX: MLYCF) is pleased to announce that on Friday August 1, 2014, at the request of legal counsel for International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK" , the British Columbia Supreme Court Judge adjourned the hearing to appoint a receiver-manager for CuMoCo. Legal counsel for IEMR HK applied for an adjournment following the filing by the Company of affidavits that presented substantial evidence that contradicted the affidavits presented on behalf of IEMR HK by Mrs. Fu, the wife of Hongxue Fu, ex-chairman, ex-president, and currently a director of the Company and the controlling person of IEMR HK and by Charles Yuen, ex vice-president and currently a director of the Company. Legal counsel for IEMR HK requested the adjournment in order to obtain an affidavit from Hongxue Fu himself, who is currently in China.
Positive results from shareholder meeting and appointment of new directors and officers
PR Newswire - Wed Jul 23, 8:30AM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company" (TSXV: MLY) (OTCQX: MLYCF) is very pleased to announce that Thomas Conway was elected as an additional director of the Company at the shareholder-requisitioned general meeting of shareholders of the Company held yesterday. The proposals of the requisitioning shareholders to remove Hongxue Fu and Yiming Xie as directors of the Company did not garner the requisite 2/3 majority vote to pass. After the shareholder meeting, the Board of Directors met. Details of the Board meeting are provided below and the following individuals are now directors of CuMoCo: Shaun M. Dykes, Joseph Baird, Dr. John Moeller, Thomas Conway, Trevor Burns, Charles Yuen, Hongxue Fu, and Yi Ming Xie.
International Energy & Mineral Resources (Hong Kong) litigation developments
PR Newswire - Wed Jul 23, 2:03AM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company" (TSXV: MLY) (OTCQX: MLYCF) announces that further to a news release dated June 30, 2014 issued by three directors of the Company, it has been served with a Notice of Civil Claim filed by International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK" (a) claiming that the US$1,500,000 convertible note and the Cdn$1,500,000 convertible note (collectively, the "Notes" issued by the Company to IEMR HK on April 9, 2013, as well as a general security agreement dated December 12, 2012 between the Company and IEMR HK, are in default, (b) seeking a judgment against the Company in the amount of principal outstanding under the Notes, as well as all accrued and unpaid interest in respect thereof, and (c) seeking to appoint a receiver-manager over the property, rights, assets and undertaking of the Company. IEMR HK has also filed a Notice of Application seeking the appointment of a receiver-manager to be heard in Supreme Court of British Columbia on August 1, 2014.
American CuMo Mining Corporation and Shaun Dykes are successful at hearing on lawsuit
CNW Group - Fri Jul 18, 7:31PM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company" (TSXV: MLY; OTCQX: MLYCF) and Shaun Dykes, Chief Operating Officer, are pleased to announce that yesterday afternoon the Supreme Court of British Columbia heard Mr. Dykes' application for an order to halt the lawsuit brought by IEMR Hong Kong ("IEMR(HK)" against the Company and Mr. Dykes on June 17, 2014, and ordered that the lawsuit be stayed. Yesterday evening, IEMR(HK) published a news release that incorrectly stated that the lawsuit was "ongoing" when it was actually stayed by the Court yesterday afternoon. IEMR(HK) first attempted to delay Mr. Dykes' application yesterday, with a preliminary request to adjourn it for some unspecified period of time, but the Supreme Court dismissed IEMR(HK)'s application for a delay
IEMR HK Comments on News Release Issued by American CuMo Shareholders
Marketwire - Thu Jul 17, 7:24PM CDT
International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK" , a shareholder of American CuMo Mining Corporation ("American CuMo" , wishes to respond to the press release issued by the certain shareholders of American CuMo on July 15, 2014.
Concerned Shareholders Remind Shareholders to Vote Their Blue Proxies by 2PM (Pacific Time) on Thursday, July 17, 2014
CNW Group - Tue Jul 15, 9:00AM CDT
The Requisitioning Shareholders (the "Requisitioning Shareholders" , representing in excess of 5% of the issued and outstanding shares of American CuMo Mining Corporation ("CuMoCo" or the "Company" (TSXV: MLY; OTCQX: MLYCF) sincerely thank CuMoCO shareholders for the strong support they've received to date, and remind those shareholders who have not yet voted to vote the BLUE proxy no later than July 17 , 2014 at 2:00 pm (Pacific Time), in advance of the proxy voting deadline. Every vote is very important to the future of your investment in CuMoCo no matter how many or how few shares you may own.
Directors of American CuMo Mining Corporation provide update
PR Newswire - Mon Jun 30, 9:44PM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company" (TSXV: MLY) (OTCQX: MLYCF) announces that it has received a notice filed on behalf of IEMR(HK), a company owned and controlled by Hongxue Fu, the chairman and director of the company, that the company has defaulted on its two debentures with IEMR(HK). IEMR(HK) alleges among other things that the company disposed of assets contrary to a section of the general security agreement.
IEMR HK Sues Director and COO of American CuMo
Marketwire - Mon Jun 30, 4:15PM CDT
International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK" announced that on June 17, 2014 it filed a Notice of Civil Claim with the Supreme Court of British Columbia naming as defendants American CuMo Mining Corporation ("CuMoCo" or the "Company" and Shaun Dykes, the Company's Chief Operating Officer. The Notice of Claim alleged that Mr. Dykes are exercising his power as a director of the Company in a manner oppressive to IEMR HK as a shareholder of the Company. IEMR has alleged that Mr. Dykes has engaged in oppressive conduct by, among other things: (a) breaching resolutions of the Board of Directors of the Company by, among other things, acting without authority to selling the Company interest in a royalty in respect of the Brett property and by selling property and mining equipment owned by the Company's wholly-owned subsidiary, Idaho CuMo Mining Corporation (the "Asset Sale" ; (b) demonstrating bad faith by, among other things, threatening other directors of the Company regarding the signing of cheques, holding himself out as CEO of the Company when he no longer held that position, and making decisions of the Company in a secretive and unilateral manner; (c) and assisting, without formal notice to the board of CuMoCo, certain parties who have requisitioned a special meeting of shareholders of the Company that has been called for July 22, 2014 (the "Requisitioned Meeting" to, among other things, remove Mr. Hongxue Fu from the Board of Directors of the Company.
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 delays receivership application
CNW Group - Wed Aug 06, 11:48AM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company"
(TSXV: MLY; OTCQX: MLYCF) is pleased to announce that on Friday August 1, 2014, at the request of legal counsel for International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK" , the British Columbia Supreme Court Judge adjourned the hearing to appoint a receiver-manager for CuMoCo. Legal counsel for IEMR HK applied for an adjournment following the filing by the Company of affidavits that presented substantial evidence that contradicted the affidavits presented on behalf of IEMR HK by Mrs. Fu, the wife of Hongxue Fu, ex-chairman, ex-president, and currently a director of the Company and the controlling person of IEMR HK and by Charles Yuen, ex vice-president and currently a director of the Company. Legal counsel for IEMR HK requested the adjournment in order to obtain an affidavit from Hongxue Fu himself, who is currently in China. Positive results from shareholder meeting and appointment of new directors and officers
PR Newswire - Wed Jul 23, 8:30AM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company"
(TSXV: MLY) (OTCQX: MLYCF) is very pleased to announce that Thomas Conway was elected as an additional director of the Company at the shareholder-requisitioned general meeting of shareholders of the Company held yesterday. The proposals of the requisitioning shareholders to remove Hongxue Fu and Yiming Xie as directors of the Company did not garner the requisite 2/3 majority vote to pass. After the shareholder meeting, the Board of Directors met. Details of the Board meeting are provided below and the following individuals are now directors of CuMoCo: Shaun M. Dykes, Joseph Baird, Dr. John Moeller, Thomas Conway, Trevor Burns, Charles Yuen, Hongxue Fu, and Yi Ming Xie. International Energy & Mineral Resources (Hong Kong) litigation developments
PR Newswire - Wed Jul 23, 2:03AM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company"
(TSXV: MLY) (OTCQX: MLYCF) announces that further to a news release dated June 30, 2014 issued by three directors of the Company, it has been served with a Notice of Civil Claim filed by International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK" (a) claiming that the US$1,500,000 convertible note and the Cdn$1,500,000 convertible note (collectively, the "Notes" issued by the Company to IEMR HK on April 9, 2013, as well as a general security agreement dated December 12, 2012 between the Company and IEMR HK, are in default, (b) seeking a judgment against the Company in the amount of principal outstanding under the Notes, as well as all accrued and unpaid interest in respect thereof, and (c) seeking to appoint a receiver-manager over the property, rights, assets and undertaking of the Company. IEMR HK has also filed a Notice of Application seeking the appointment of a receiver-manager to be heard in Supreme Court of British Columbia on August 1, 2014. American CuMo Mining Corporation and Shaun Dykes are successful at hearing on lawsuit
CNW Group - Fri Jul 18, 7:31PM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company"
(TSXV: MLY; OTCQX: MLYCF) and Shaun Dykes, Chief Operating Officer, are pleased to announce that yesterday afternoon the Supreme Court of British Columbia heard Mr. Dykes' application for an order to halt the lawsuit brought by IEMR Hong Kong ("IEMR(HK)" against the Company and Mr. Dykes on June 17, 2014, and ordered that the lawsuit be stayed. Yesterday evening, IEMR(HK) published a news release that incorrectly stated that the lawsuit was "ongoing" when it was actually stayed by the Court yesterday afternoon. IEMR(HK) first attempted to delay Mr. Dykes' application yesterday, with a preliminary request to adjourn it for some unspecified period of time, but the Supreme Court dismissed IEMR(HK)'s application for a delay IEMR HK Comments on News Release Issued by American CuMo Shareholders
Marketwire - Thu Jul 17, 7:24PM CDT
International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK"
, a shareholder of American CuMo Mining Corporation ("American CuMo" , wishes to respond to the press release issued by the certain shareholders of American CuMo on July 15, 2014. Concerned Shareholders Remind Shareholders to Vote Their Blue Proxies by 2PM (Pacific Time) on Thursday, July 17, 2014
CNW Group - Tue Jul 15, 9:00AM CDT
The Requisitioning Shareholders (the "Requisitioning Shareholders"
, representing in excess of 5% of the issued and outstanding shares of American CuMo Mining Corporation ("CuMoCo" or the "Company" (TSXV: MLY; OTCQX: MLYCF) sincerely thank CuMoCO shareholders for the strong support they've received to date, and remind those shareholders who have not yet voted to vote the BLUE proxy no later than July 17 , 2014 at 2:00 pm (Pacific Time), in advance of the proxy voting deadline. Every vote is very important to the future of your investment in CuMoCo no matter how many or how few shares you may own. Directors of American CuMo Mining Corporation provide update
PR Newswire - Mon Jun 30, 9:44PM CDT
American CuMo Mining Corporation ("CuMoCo" or the "Company"
(TSXV: MLY) (OTCQX: MLYCF) announces that it has received a notice filed on behalf of IEMR(HK), a company owned and controlled by Hongxue Fu, the chairman and director of the company, that the company has defaulted on its two debentures with IEMR(HK). IEMR(HK) alleges among other things that the company disposed of assets contrary to a section of the general security agreement. IEMR HK Sues Director and COO of American CuMo
Marketwire - Mon Jun 30, 4:15PM CDT
International Energy & Mineral Resources Investment (Hong Kong) Company Limited ("IEMR HK"
announced that on June 17, 2014 it filed a Notice of Civil Claim with the Supreme Court of British Columbia naming as defendants American CuMo Mining Corporation ("CuMoCo" or the "Company" and Shaun Dykes, the Company's Chief Operating Officer. The Notice of Claim alleged that Mr. Dykes are exercising his power as a director of the Company in a manner oppressive to IEMR HK as a shareholder of the Company. IEMR has alleged that Mr. Dykes has engaged in oppressive conduct by, among other things: (a) breaching resolutions of the Board of Directors of the Company by, among other things, acting without authority to selling the Company interest in a royalty in respect of the Brett property and by selling property and mining equipment owned by the Company's wholly-owned subsidiary, Idaho CuMo Mining Corporation (the "Asset Sale" ; (b) demonstrating bad faith by, among other things, threatening other directors of the Company regarding the signing of cheques, holding himself out as CEO of the Company when he no longer held that position, and making decisions of the Company in a secretive and unilateral manner; (c) and assisting, without formal notice to the board of CuMoCo, certain parties who have requisitioned a special meeting of shareholders of the Company that has been called for July 22, 2014 (the "Requisitioned Meeting" to, among other things, remove Mr. Hongxue Fu from the Board of Directors of the Company. 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. 
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