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For Immediate Release |
Dear Eric,
EUROMAX ANNOUNCES SALE OF CHINESE BULAGOU PROPERTY FOR US $15 MILLION
Vancouver, Canada - EurOmax Resources Ltd. (�EurOmax� or the �Company�) is pleased to announce that the sale of its Bulagou Property (the �Property�) in China to Chenzhou Mining Group Co. Ltd. (listed on the Shenzhen stock exchange) closed on July 16, 2009. The total proceeds from the sale of the Property net of withholding taxes were US$ 14,992,274. EurOmax previously received an advance payment on the sale of US$ 13,531,418. The Company intends to use the proceeds of the sale of the Property for exploration on its South East European mineral properties.
See Full Press Release here
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
On Behalf of the Board of Directors
�John C. Menzies� Chief Executive Officer |
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Further Information
David Stothart: Investor Relations T: +1 347 284 0062 d.stothart@euromaxresources.com
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Copyright 2009 EurOmax Resources Ltd. All rights reserved. This material is for personal use only. Republication and redissemination, including posting to news groups, is expressly prohibited without the prior written consent of EurOmax Resources Ltd. Please do not reply to this e-mail message. . | | | | |
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Euromax Resources
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EXPLORATEUR |
CODE : EOX.V |
ISIN : CA29873T3073 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Euromax est une société d’exploration minière d'or et de cuivre basée au Canada. Euromax détient divers projets d'exploration au Canada, en Bulgarie et en Macedoine. Ses principaux projets en exploration sont KARAVANSALIJA, TRUN, POPINTSI et RAKITOVO en Bulgarie, KAZANDOL, CEOVISHTE, BRESTOVATZ et ILOVITZA en Macedoine et DURLAN POTOK et EYREMORE au Canada. Euromax est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 1,2 millions CA$ (864 541 US$, 777 828 €). La valeur de son action a atteint son plus haut niveau récent le 21 mars 1997 à 5,40 CA$, et son plus bas niveau récent le 06 septembre 2024 à 0,01 CA$. Euromax possède 116 842 737 actions en circulation. |