TSXV: EOXwww.euromaxresources.com
VANCOUVER, BC, June 24, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company") 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 fixed at seven (7) in accordance with the Company's Articles. The results are as follows:
TSX: EOXwww.euromaxresources.com
VANCOUVER, BC, June 11, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company") 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.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX: EOXwww.euromaxresources.com
VANCOUVER, BC, April 30, 2025 /CNW/ - Euromax Resources Ltd., (TSXV: EOX): ("Euromax" or the "Company") 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 ("Promissory Note") to one of its current major shareholders, Galena Resource Equities Limited ("Galena"), 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 term working capital. The Company currently has no source of operational cash flow, and it is anticipated that the Company will require additional financing in the second half of 2025.
TSXV: EOXwww.euromaxresources.com
VANCOUVER, BC, Feb. 10, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company") 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 ("EBRD") in the aggregate principal amount of USD$5,000,000 (as amended from time to time, the "EBRD Debenture"); and ii) CC Ilovitza Limited ("CCC"), an affiliate of Consolidated Contractors Company Group, in the aggregate principal amount of CAD$5,200,000 (as amended from time to time, the "CCC Debenture", and collectively with the EBRD Debenture, the "Convertible Debentures").
TSXV: EOXwww.euromaxresources.com
VANCOUVER, BC, Feb. 3, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company"), announces that further to its news release dated January 14, 2025, it has today completed the issuance of 23,698,977 common shares of the Company (the "Common Shares") to the European Bank for Reconstruction and Development ("EBRD") pursuant to the debt settlement agreement entered into between the Company and EBRD on January 14, 2025 (the "DSA"). Each Common Share was issued at a deemed offering price of C$0.015 per Common Share (collectively, the "Transaction"). Pursuant to the DSA, the Company agreed to issue the Common Shares in order to repay C$355,484.65 to EBRD, representing a portion of the accrued finance delay interest owing to the EBRD under the convertible debenture issued by the Company to EBRD in principal amount of USD$5 million, as amended (the "Debenture").
TSXV: EOX www.euromaxresources.com
VANCOUVER, BC, Jan. 14, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company") is pleased to announce that it has entered into a debt settlement agreement dated January 14, 2025 (the "DSA") to settle a portion of the outstanding debt owing to the European Bank for Reconstruction and Development ("EBRD") under the convertible debenture issued by the Company to EBRD in principal amount of USD$5 million, as amended (the "Debenture"). Pursuant to the DSA, Euromax will be paying off C$355,484.65 representing a portion of the interest owed to EBRD under the Debenture (the "Debt Repayment Amount").
TSXV: EOXwww.euromaxresources.com
VANCOUVER, BC, Sept. 30, 2024 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company"), announces today its intention to issue and sell up to 118,494,884 common shares ("Common Shares") of the company, at a price of $0.015 per Common Share, for proceeds of up to $1,777,423 pursuant to a non-brokered private placement (the "Offering").
The proposed placees of the Offering include two controlling shareholders, two directors of the Company, and other investors (the "Proposed Placees"). The controlling shareholders and the directors are insiders of the Company. The Offering is not expected to materially affect control of the Company.
TSXV: EOXwww.euromaxresources.com
VANCOUVER, BC, Sept. 10, 2024 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company"), announces today that further to its news release dated August 6, 2024, it has now completed the issuance of 12,292,899 units of the Company (the "Units") to the European Bank for Reconstruction and Development ("EBRD") pursuant to the debt settlement agreement entered into between the Company and EBRD on August 5, 2024 (the "DSA"). Each Unit consists of one common share in the capital of the Company (each, a "Common Share") and one Common Share purchase warrant (each, a "Warrant"), and was issued at a deemed offering price of C$0.02 per Unit (collectively, the "Transaction"). Each Warrant is exercisable for one Common Share for a period of five years from the date of issuance, at an exercise price of C$0.05. Pursuant to the DSA, the Company agreed to issue the Units in order to repay C$245,857.98 to EBRD, representing a portion of the outstanding debt owing to the EBRD under the convertible debenture issued by the Company to EBRD in principal amount of USD$5 million, as amended (the "Debenture").
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