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AM Resources Corp V.AMR.H

AM Resources Corporation is a Canada-based junior mining company. It specializes in exploration of coal, hydrocarbons and gold mining sites located in Colombia. Its Mico gold property consists of one concession covering approximately 10.4 hectares and is accessible from the village of Barranco de Loba. The Mina Luz property is located southwest of the town of Popayan in the department of Cauca, approximately 150 kilometers (km) to the south-southwest of the town of Cali, in the southwestern part of Colombia, the municipality of Patia. The property consists of mining concession No DJU-071 covering 40 hectares. The Esperanza asphaltite property covers approximately 298 hectares. The property lies 70 km north-northwest of the city of Bucaramanga. The Rio Negro asphaltite property is located 50 km north-northwest of the city of Bucaramanga. It also has a land package totaling 1,500 square kilometers located in the Austrian Pegmatite Belt. Its land package includes the Frederick Property.


TSXV:AMR.H - Post by User

Post by Steve57on May 28, 2021 9:45pm
389 Views
Post# 33291708

AMR another stock to avoid_scam

AMR another stock to avoid_scamBased on the facts recorded by the OSC and the practice of other promoters in Ontario, no licensed that should deserve to be mentioned in the OSC allegations, who have perpetrated promotions and raising funds with false and forged promissory notes to divert the funds into AMR, which does not have any planning and operations in Colombia. Those notes are stating that the funds would have been used for the bitumen facility, as explicitly reported in the below facts' explanation.
This company should be delisted and all the lenders been refunded of the money have been given to all those promoters, some of them have already been jailed for past investors defrauding.

https://www.osc.ca/en/tribunal/tribunal-proceedings/first-global-data-ltd-re/statement-allegations-matter-first-global-data-ltd-et-al

B. FACTS
....
4. In the spring of 2015, GBR, primarily through Aziz and Bajaj, began raising money from Ontario investors, for the stated purpose of investing in bitumen mining and/or biodiesel production purportedly being undertaken by an affiliated Colombian company, Global Bioenergy Resource SAS ("GBRSAS").
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