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09/12/2011

EurOmax CEO says it has a “substantial inferred resource base” of 5.8Moz gold

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Additional Information
Market: TSX-V
Sector: General Mining - Gold
EPIC: EOX
Latest Price: C$0.21  (0,00%)
52-week High: C$0.40
52-week Low: C$0.14
Market Cap: C$34.98M
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EurOmax Resources
www.euromaxresources.com

EUROMAX RESOURCES LIMITED is a Canadian company focused on gold and copper exploration in the resource rich region of Bulgaria, Macedonia and Serbia. Our technical excellence, local expertise and international contacts have made us one of the most successful exploration companies in Southeastern Europe.

Our aim is to explore high-quality, potentially world class gold and copper systems, then partner with local or international companies that have the financial and technical resources to develop them, thereby generating long-term value for EurOmax shareholders.

Pdf

EurOmax to raise up to $7.9m through private placement

24th Feb 2011, 5:30 pm

EurOmax Resources (CVE:EOX) said it plans to raise up to $7.9 million through a non-brokered private placement financing.

The company will offer up to 22.5 million units, priced at $0.35 per unit. Each unit will be comprised of one common share and one half of one share purchase warrant, with each full warrant entitling the holder to acquire one additional common share at a price of $0.50 for a period of one year following closing.

The new funds will be used to finance the Canada-based company’s exploration programs in southeastern Europe.

The offering is subject to approval from the TSX Venture Exchange.

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