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Euro Sun Mining Inc T.ESM

Alternate Symbol(s):  CPNFF

Euro Sun Mining Inc. is a Canada-based mining company. The Company is focused on the exploration and development of its 100%-owned Rovina Valley gold and copper project located in west-central Romania. The Company holds the Rovina Valley Project through a mining license which covers a total of 27.68 square kilometers (km2). The Rovina Valley Project consists of three copper-gold porphyry systems referred to as Rovina, Colnic and Ciresata. The Colnic Deposit is located approximately 2.5 km south of the Rovina Deposit and the Ciresata Deposit is approximately 4 km south of the Colnic Deposit. The Rovina gold deposit holds about 400 million tons of confirmed resources containing 7.0 million ounces of gold and 1.4 billion pounds of copper.


TSX:ESM - Post by User

Bullboard Posts
Post by FacBineon Feb 03, 2020 3:01pm
120 Views
Post# 30635582

ESM Assets - $100 SP as a whole company

ESM Assets - $100 SP as a whole company
Vilhelmina Acquisition: >TORONTO, Oct. 10, 2019 (GLOBE NEWSWIRE) -- Euro Sun Mining Inc., (TSX: ESM) (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. Vilhelmina Sub is currently re-permitting the past producing Stekenjokk copper mine in Sweden and the Joma Gruver copper mine just 60 km across the border from Stekenjokk in Norway. Read more at: https://www.globenewswire.com/news-release/2019/10/10/1928359/0/en/Euro-Sun-Completes-Acquisition-of-All-Outstanding-Shares-of-Vilhelmina-Minerals-Inc.html
Bullboard Posts