ESM.TO - Euro Sun Mining Inc.
Toronto - Toronto Delayed Price. Currency in CAD
+0.0050 (+1.69%)
Previous Close 0.2950
Open 0.3000
Bid 0.2950 x 0
Ask 0.3000 x 0
Day's Range 0.2950 - 0.3200
52 Week Range 0.2200 - 1.1000
Volume 258,406
Avg. Volume 360,719
Market Cap 30.122M
Beta (5Y Monthly) -0.15
PE Ratio (TTM) N/A
EPS (TTM) -0.1060
Earnings Date N/A
Forward Dividend & Yield N/A (N/A)
Ex-Dividend Date N/A
1y Target Est 0.92
Euro Sun Announces $3.3 Million Private Placement
Completion of the Offering is subject to a number of conditions, including without limitation, receipt of Toronto Stock Exchange approval. Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania, which hosts the second largest gold deposit in Europe. This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.
Euro Sun Closes Previously Announced Private Placement Financing
Pursuant to the closing of the Offering, the Company issued 10,100,000 units of the Company (each a "Unit" and collectively, the "Units") at a price of C$0.25 per Unit for gross proceeds of C$2,525,000.00. Each Unit consists of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share of the Company at an exercise price of C$0.40 per Common Share until December 2, 2021, for Warrants issued under the first tranche of the Offering, or December 12, 2021, for Warrants issued under the second tranche of the Offering.
Euro Sun Appoints Samuel Rasmussen as Chief Operating Officer for Rovina Valley
Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce the appointment of Samuel Rasmussen as chief operating officer for its Rovina Valley project in Romania. In connection with the appointment Mr. Rasmussen has been granted 1,000,000 Euro Sun stock options. Since graduating from the Colorado School of Mines, Mr. Rasmussen has accumulated over 25 years of experience in building and operating large tonnage mines for international miners such as Glencore, Lundin Mining, Freeport McMoRan and Anglo American.
Euro Sun Closes Second Tranche of Private Placement Financing
Pursuant to the Second Tranche, the Company issued 2,100,000 units of the Company (each a "Unit" and collectively, the "Units") at a price of C$0.25 per Unit for gross proceeds of C$525,000.00. Each Unit consists of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a "Warrant").
Euro Sun Closes First Tranche of Private Placement Financing
Pursuant to the First Tranche, the Company issued 8,000,000 units of the Company (each a "Unit" and collectively, the "Units") at a price of C$0.25 per Unit for gross proceeds of C$2,000,000.00. Each Unit consists of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a "Warrant").
Euro Sun Upsizes Previously Announced Private Placement Financing to $3.75 Million
The Offering will be a non-brokered private placement financing of up to 15,000,000 units of the Company (each a "Unit" and collectively, the "Units") at a price of C$0.25 per Unit for gross proceeds of up to C$3,750,000.00. Each Unit will consist of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a "Warrant").
Euro Sun Announces $2 Million Private Placement
Each Unit will consist of one common share of the Company and one half of a common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of C$0.40 for a period of 24 months from issuance. Completion of the Offering is subject to a number of conditions, including without limitation, receipt of Toronto Stock Exchange approval.
Euro Sun Appoints Bruce Humphrey to Board of Directors
Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce the appointment of Bruce Humphrey as a new independent member of its Board of Directors. Mr. Humphrey is a professional mining engineer with over 45 years experience working in senior management roles with both junior and senior mining companies. As Chairman of Consolidated Thompson Iron Mines Limited, he was instrumental in construction of the $1.2 billion Bloom lake mine project.
Euro Sun Awards Environmental Impact Assessment to Leading Global Consultants ERM International
Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce it has awarded the Environmental Impact Assessment for the Rovina Valley Project to ERM Environmental Resources Management SRL ("ERM"), based in Bucharest Romania for the ten million ounce Rovina Valley Project in accordance with the mining license granted by the Romania Government in November 2018. ERM is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services. ERM operates more than 160 offices in over 40 countries and territories employing more than 4,700 professionals.
Euro Sun Discovers Four New Gold-Copper Porphyries Adjacent to Its Rovina Valley Project
TORONTO, Nov. 04, 2019 -- Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce the surface generative exploration results from the Stanija.
Euro Sun Mining (TSE:ESM) Will Have To Spend Its Cash Wisely
We can readily understand why investors are attracted to unprofitable companies. For example, although...
Euro Sun Appoints Mr. Danny Callow to Board of Directors
Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce the appointment of Danny Callow as a new independent member of its Board of Directors. Mr. Callow was formerly Head of African Copper Operations for Glencore PLC., Chief Executive Officer and Executive Director of Katanga Mining Limited and Chief Executive Officer of Mopani Copper Mines PLC. Mr. Callow is a Professional Mining Engineer and holds an MBA from Henley Management College and a Bachelor (Hons) of Mining Engineering from the Camborne School of Mines. In addition, he holds a non-executive Director professional diploma from FT-London.
Euro Sun Completes Acquisition of All Outstanding Shares of Vilhelmina Minerals Inc.
Euro Sun Mining Inc., (ESM.TO) ("Euro Sun" or the "Company") is pleased to announce that further to the press releases dated September 25, 2019 and October 9, 2019, it has completed the acquisition of all of the issued and outstanding shares of Vilhelmina Minerals Inc. ("Vilhelmina") that it currently does not own (the "Vilhelmina Acquisition"). Vilhelmina is an Ontario-incorporated company that holds a 46.9% ownership interest in Vilhelmina Mineral AB ("Vilhelmina Sub"), a private Swedish company which owns an interest in past producing mines in Sweden and Norway. Pursuant to the Vilhelmina Acquisition, the Company acquired a total of 2,457,230 common shares of Vilhelmina from other existing shareholders of Vilhelmina (the "Vilhelmina Shareholders") for a total purchase price of 9,088,235 common shares of the Company issued from treasury.
Euro Sun Enters Into Definitive Agreement to Purchase All Outstanding Shares of Vilhelmina Minerals Inc.
Euro Sun Mining Inc., (ESM.TO) ("Euro Sun" or the "Company") is pleased to announce that further to the press release dated September 25, 2019, it has entered into a definitive agreement dated as of October 3, 2019 with the shareholders of Vilhelmina Minerals Inc. (collectively, the "Vilhelmina Shareholders") (the "Definitive Agreement"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Vilhelmina Minerals Inc. ("Vilhelmina") that it currently does not own (the "Vilhelmina Acquisition"). Vilhelmina is an Ontario-incorporated company that holds a 46.9% ownership interest in Vilhelmina Mineral AB ("Vilhelmina Sub"), a private Swedish company which owns an interest in past producing mines in Sweden and Norway.
Euro Sun Increases Ownership of Vilhelmina Minerals Inc. and Clarifies Disclosure
Euro Sun Mining Inc., (ESM.TO) ("Euro Sun" or the "Company") is pleased to announce that it has entered into a binding letter of intent dated September 25, 2019 with Vilhelmina Minerals Inc. ("Vilhelmina") and the shareholders of Vilhelmina (collectively, the "Vilhelmina Shareholders") (the "Binding LOI"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Vilhelmina that it currently does not own (the "Vilhelmina Acquisition"). Vilhelmina is an Ontario-incorporated company that holds a 46.9% ownership interest in Vilhelmina Mineral AB ("Vilhelmina Sub"), a private Swedish company which owns an interest in the past producing mines in Sweden and Norway.
Euro Sun Announces Annual Meeting Results
Euro Sun Mining Inc., (ESM.TO) ("Euro Sun" or the "Company") reports, in accordance with the policies of the Toronto Stock Exchange, that the nominees listed in the Management Information Circular dated June 19, 2019 for the 2019 Annual Meeting of shareholders of the Company (the "Meeting") were elected as directors of the Company. Shareholders at the annual meeting also approved the appointment of the Company's auditors. Euro Sun's board would like to express its gratitude to its shareholders for their continued support.
Euro Sun Mining Closes $3.1 Million Brokered Private Placement
Euro Sun Mining Inc., (ESM.TO) ("Euro Sun" or the "Company") is pleased to announce the completion of its brokered private placement offering announced on June 24, 2019, whereby the Company issued a total of 8,610,000 units of the Company (the "Units") at a price of C$0.36 per Unit for gross proceeds of C$3,099,600 (the "Offering"). Each Unit consisted of one common share of Euro Sun ("Common Share") and one common share purchase warrant of Euro Sun ("Warrant"). Each Warrant is exercisable to acquire one Common Share at a price of C$0.47 per share until July 4, 2021. The Company paid a 7% cash commission of C$216,972 and issued 602,700 broker warrants (each a "Broker Warrant") to the Agent.
Euro Sun Mining Announces C$3.1 Million Brokered Private Placement
Euro Sun Mining Inc. ("Euro Sun" or the "Company") (ESM.TO) is pleased to announce that it has entered into an agreement with PI Financial Corp. (the "Agent") in connection with a private placement of up to 8,610,000 units of the Company (the "Units") at a price of C$0.36 per Unit for gross proceeds to the Company of up to approximately C$3.1 million (the "Offering"). Each Unit will consist of one common share of Euro Sun and one common share purchase warrant of Euro Sun ("Warrant"). Each Warrant will be exercisable to acquire one common share of Euro Sun at a price of C$0.47 per share for 24 months from the closing of the Offering. The Company intends to use the proceeds from the Offering for the advancement of its Rovina Valley Project and for general corporate purposes.
Euro Sun Announces Date for the Annual General Meeting
Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") announces that, further to the notice of record and meeting date filed on SEDAR on June 5, 2019, it has set July 17, 2019 as the date for the annual general meeting of Euro Sun (the "AGM"). The delay in holding the AGM was due to the timing of the filing of the Company's preliminary short form base shelf prospectus dated as of May 13, 2019, a copy of which may be obtained on the Company's profile at www.SEDAR.com. Euro Sun is a Toronto Stock Exchange listed mining company focused on the exploration and development of its 100%-owned Rovina Valley Gold and Copper Project located in west-central Romania.
Euro Sun Announces Amendment to Outstanding Warrants
TORONTO , April 12, 2019 /CNW/ - Euro Sun Mining Inc. (ESM.TO) ("Euro Sun" or the "Company") announces that it has received approval from the Toronto Stock Exchange (the "TSX") to amend the exercise price of the 3,932,425 outstanding common share purchase warrants ("Warrants") that were originally issued by the Company on May 19, 2016 .
Euro Sun Announces Receipt of Authorization to Begin Mining Activities at Rovina Valley Project From National Agency for Mineral Resources
Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce that Samax Romania SRL, the 100% owned subsidiary of Euro Sun Mining, has received authorization to begin mining activities at its Rovina Valley Project from The National Agency for Mineral Resources ("NAMR") in accordance with its Mining License approved by the Government of Romania on November 16th, 2018. Mining activity as per Romanian Mining law means all the work related to the prospecting, exploration, development, exploitation, preparation/processing, concentration, commercialization of mining products, care and maintenance/closure of mines, including environmental rehabilitation. Scott Moore, CEO of Euro Sun stated, "The authorization to begin mining activities by NAMR is further demonstration of the support for the Rovina Valley Project by the Romanian Government.
Leading Mining Lawyer Eva Bellissimo to Join Board of Directors
Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce that Eva Bellissimo has joined the Board of Directors. Eva Bellissimo is a partner with McCarthy Tétrault LLP, where she is Co-leader, Canada Mining of McCarthy Tétrault's Global Metals & Mining Group.
Euro Sun Provides Corporate Update on Rovina Valley Gold-Copper Project
TORONTO, April 08, 2019 -- Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to provide a corporate update and comment on the current strategy regarding.
Euro Sun Files 43-101 Technical Report on Initial Phase of Development at the Rovina Valley Gold-Copper Project
TORONTO, April 02, 2019 -- Euro Sun Mining Inc. (TSX: ESM) ("Euro Sun" or the "Company") is pleased to announce it has filed the National Instrument 43-101 compliant Technical.
Euro Sun Announces Closing of Private Placement
Euro Sun Mining Inc., (ESM.TO) ("Euro Sun" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing by issuing 10,000,000 units of the Company (each a "Unit" and collectively, the "Units") at a price of C$0.30 per Unit for gross proceeds of C$3,000,000.00 (the "Offering"). Each Warrant entitles the holder to acquire one additional common share of the Company at an exercise price of C$0.50 for a period of 24 months from issuance.