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Euromax Resources to Extend Convertible Debentures Maturity

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Euromax Resources to Extend Convertible Debentures Maturity

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

Euromax Resources Ltd. announced its intention to extend the maturity dates of its previously issued convertible debentures with the European Bank for Reconstruction and Development and CC Ilovitza Limited from February 28, 2025, to February 28, 2026. This strategic move, which does not alter the conversion price or interest rates, is subject to acceptance by the TSX Venture Exchange and aims to provide the company with financial flexibility and support the ongoing development of its North Macedonian project.

More about Euromax Resources

Euromax Resources Ltd. is focused on the mining industry, specifically in developing and operating gold-copper projects. The company has a major development project located in North Macedonia, known as the Ilovica-Shtuka gold-copper project.

Average Trading Volume: 55,879

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$6.87M

For a thorough assessment of EOX stock, go to TipRanks’ Stock Analysis page.

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