|Bid||0.41 x 0|
|Ask||0.43 x 0|
|Day's Range||0.4200 - 0.4300|
|52 Week Range||0.3700 - 1.8200|
|Beta (3Y Monthly)||-0.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.00|
Through publication in the Official Monitor, the mining license is now legally granted by Romanian law to Euro Sun’s 100% owned subsidiary, SAMAX Romania SRL, and concludes the ratification process of its exploitation permit and mining license. G. Scott Moore, President and CEO stated: “Once again we would like to thank the National Agency for Mineral Resources for their support of this important project for Euro Sun and for Romania.
Euro Sun Mining Inc. (ESM.TO) (“Euro Sun” or the “Company”) is pleased to announce the completion of the ratification process of its exploitation permit and mining license for the Rovina Valley Project in Romania. The fully approved mining license for the Rovina Valley Project will now be published in the Official Monitor of the Romanian Government. Romania has now demonstrated an open and willing embrace for mining investment, one that is sure to attract significant interest not only in the Rovina Valley project but for mining investment globally in Romania.
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 4,333,333 common shares of the Company at a price of C$0.60 per common share for gross proceeds of US$2.0 million (equivalent to C$2.6 million at the exchange rate of US$1.00 to C$1.30) with Orion Mine Finance Fund II LP (the “Offering”). The gross proceeds of the Offering will be used for general corporate purposes and for the advancement of its Rovina Valley Project. The common shares will be subject to a four month hold period that expires on March 9, 2019.
Euro Sun Mining Inc., (ESM.TO) (“Euro Sun” or the “Company”) is pleased to announce that it intends to complete a non-brokered private placement financing of common share of the Company (each a “Common Share” and collectively, the “Common Shares) at a price of C$0.60 per Common Share for gross proceeds of up to C$2,600,000.00 (the “Offering”). 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.
Rio Tinto wants copper, and it's ready to pay top-dollar. The global miner would be willing to fork out a large premium over market value to secure a prime asset as it tries to reduce its reliance on iron ore, company and banking sources told Reuters.
VANCOUVER/TORONTO (Reuters) - The weak human rights record of one of Africa's poorest countries is coming between Lundin Mining Corp (LUN.TO) and its pursuit of a prized European copper and gold asset. Cash-rich Lundin's latest run at fellow Canadian miner Nevsun Resources Ltd (NSU.TO) is designed to bag the Timok project in Serbia, but it had to bring on a partner to pick up Nevsun's Bisha mine in Eritrea. Lundin Mining's biggest shareholder is a private investment company owned by a Lundin family trust, with a near 13-percent stake, Thomson Reuters data shows.