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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
Comment by grape562000on Jul 22, 2020 10:58am
104 Views
Post# 31301783

RE:RE:RE:RE:RE:RE:ESM Acquisition of Vilhelmina Minerals Inc

RE:RE:RE:RE:RE:RE:ESM Acquisition of Vilhelmina Minerals Inc
StockDoc60,

Just letting you know I didn't forget about getting back to you.

I was unable to reach anyone by phone (we are moving) and I received no response to the email below.

It will be interesting to see their presentation from the Sprott Natural Resource Symposium.



Dear Euro Sun Mining,
 
I am a long time shareholder of the company writing for information about the recent acquisition of Vilhelmina Minerals.
 
The Euro Sun press release states that "all issued and outstanding shares" of Vilhelmina Minerals were acquired for consideration of ~9M ESM shares.
 
The Vilhelmina Minerals press release of July 8, 2020 states that 95% of Vilhelmina Minerals was acquired by Nickel Mountain Resources.
 
 
Can you clarify what percentage of Vilhelmina Minerals is owned by Euro Sun and what the strategic value of this acquisition is to Euro Sun?
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