|Bid||0.0650 x 0|
|Ask||0.1100 x 0|
|Day's Range||0.0650 - 0.0650|
|52 Week Range||0.0650 - 0.2200|
|Beta (3Y Monthly)||-0.19|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The big shareholder groups in AM Resources Corp. (CVE:AMR) have power over the company. Large companies usually have...
The Corporation continues to be active on its other Rio Negro asphaltite project (exploration) and its Mina Luz coal project (production). Lastly, the Corporation announces it has granted incentive stock options to a director to purchase up to an aggregate of 300,000 common shares of the Company (the "Options"). The Options are exercisable for a period of five years, at a price of $0.10 per share. All Options were granted in accordance with the Corporation's stock option plan on May 30, 2019. The technical and scientific content of this press release has been reviewed and approved by Pierre O’Dowd, P. Geo., the Corporation’s qualified person under National Instrument 43-101.
MONTREAL , May 31, 2019 /CNW/ - AM Resources Corp. (TSXV: AMR) (76A.F) is pleased to announces it closed its previously announced non-arm's length acquisition of a 60% indirect interest in the La Esperanza asphaltite property in consideration of the issuance of 4,700,000 common shares (the "Acquisition"). The Corporation also announces that Ms. Adriana Rios Garcia , COO, has been appointed interim President and CEO, effective May 30, 2019 , taking the place of Dominic Voyer , who resigned as President and CEO but will remain a director of the Corporation.
The Corporation is hiring a large Colombian contractor with the goal of putting the Esperanza asphaltite project into production. The Corporation expects to benefit from strong local demand from the 4G program in Colombia, and from the interest shown by potential customers in the United Kingdom and China. MONTREAL, May 07, 2019 (GLOBE NEWSWIRE) -- AM Resources Corporation (“AM” or the “Corporation”) (AMR.V) (76A.F) is pleased to announce that it has hired a large Colombian contractor to assess the Esperanza asphaltite project with the goal of putting it into production.
The Corporation can now continue to develop its asphaltite projects. The Corporation could benefit from strong demand for asphaltite generated by Colombia's 4G program and from companies overseas. An open-pit mining permit has already been issued for the Esperanza property.
AM Resources Corp. (TSXV: AMR) (76A.F) announces that it will hold an annual general meeting of shareholders (the "Meeting") on April 12, 2019. The Corporation also announces that it has filed amended and restated interim financial statements and the related management discussion and analysis reports for the six-month period ended June 30, 2018 and the nine-month period ended September 30, 2018. AM Resources Corp. is a mining exploration Corporation with interests in coal and natural bitumen projects in Colombia.
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AM Resources Corporation (“AM” or the “Corporation”) (AMR.V) (76A.F) is pleased to announce that it has started investing in its coal production equipment and installations at its Mina Luz property in Colombia. The Corporation currently produces about 1,000 tonnes of coal per month and purchases an additional 2,000 tonnes per month from subcontractors for resale. “The modernization of our operations and reinforcement of our mining infrastructure is essential for the safety of our miners, a top priority for us, and should have a positive impact on our results,” said Dominic Voyer, President and CEO of AM Resources.
AM Resources Corporation (“AM” or the “Corporation”) (AMR.V) (76A.F) today announced that it has amended the structure of the agreement announced on November 5, 2018, to acquire a 60% interest in the Esperanza asphaltite property. Instead of acquiring an interest in the property, the Corporation will acquire an interest in the company that holds the mineral rights to the property, thereby securing its ownership of the mining titles.
AM Resources Corporation (“AM” or the “Corporation”) (AMR.V) (76A.F) is pleased to announce that it has appointed Diego Fernando Barragan to its board of directors. Mr. Barragan replaces Elvis Hoyos, who resigned as a director of the Corporation. Mr. Barragan has extensive experience in the hospitality and management sector.
Under the terms of the Agreement, the Corporation will issue 4,700,000 common shares (each a “Share”) of the Corporation to 7779534 as consideration for the Interest. The Property is composed of a unique mineral concession covering an area of 298ha and is located in the western portion of the department of Norte de Santander. It is accessible by rural roads some 70km NNW of the Colombian city of Bucaramanga in north-central Colombia. The Property lies between the La Tigra and Lebrija faults and is part of the Upper Magdalena, a geological basin having heavy oil and natural bitumen deposits.
MONTREAL , Oct. 18, 2018 /CNW/ - AM Resources Corp. (TSXV: AMR) (Frankfurt:76A) is pleased to announce that it has completed the listing process of its common shares on the Frankfurt Stock Exchange and is will begin trading on October 19, 2018 under the symbol "76A" on the Quotation Board of the Frankfurt Stock Exchange, also known as Börse Frankfurt (FWB). The listing of AM's shares on the Frankfurt Stock Exchange is anticipated to broaden the corporation's shareholder base in Europe and increase trading activity in its shares, while at the same time facilitating investment in AM by the European investing community.
MONTREAL , Aug. 23, 2018 /CNW/ - AM Resources Corp. (AMR.V) announced on August 21, 2018 that it had issued a conditional purchase order (the "PO") to acquire a UCS Machine. Following the issuance of the press release, the Corporation received instructions from the TSX Venture Exchange ("TSXV") to halt trading in the common shares subject to the Corporation providing certain documents and clarifications. The Corporation has provided the exchange with the required information relating to the PO. AM confirms that the purchase of the UCS Machine would constitute an arm's length transaction, that the UCS Machine will be financed and manufactured by the vendor, and that investments to increase the current coal production capacity of the Corporation's early stage properties would be required in order to fully exploit the UCS Machine.