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The latest announcement is out from Euromax Resources ( (TSE:EOX) ).
Euromax Resources Ltd. has completed the issuance of 43,747,183 common shares to Galena Resource Equities Limited as part of a debt settlement agreement, repaying US$475,000. This transaction increases Galena’s ownership in Euromax to 55.82%, enhancing its control over the company. The issuance does not materially affect the company’s control and is exempt from certain regulatory requirements.
More about Euromax Resources
Euromax Resources Ltd. is focused on developing and operating the Ilovica-Shtuka gold-copper project in North Macedonia.
Average Trading Volume: 21,057
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$7.11M
For a thorough assessment of EOX stock, go to TipRanks’ Stock Analysis page.