Euromax Resources Extends Debenture Maturities

Euromax Resources (TSE:EOX) has released an update.

Euromax Resources Ltd. has successfully negotiated extensions on the maturity dates of convertible debentures with the European Bank for Reconstruction and Development and CC Ilovitza Limited, now due February 2025, with terms compliant with TSX Venture Exchange policies. The amendments maintain the original conversion price and adjusted interest rates, pending final TSX Venture Exchange acceptance. This move is part of the company’s strategy to advance its Ilovica-Shtuka gold-copper project in North Macedonia.

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