Euromax Resources

Published : March 21st, 2016

Euromax Announces Board Appointment

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Euromax Announces Board Appointment

Euromax Resources Ltd. Vancouver, 21st March 2016 (TSX-V: EOX): ('Euromax' or the 'Company') is pleased to announce that Raymond Threlkeld has been appointed as a director of the Company.

Raymond Threlkeld has over 30 years of mineral industry experience. He is currently the Executive Chairman of Newmarket Gold Inc. and a Non-Executive Director of New Gold, Inc.

From 2009 to 2013, Mr. Threlkeld was the President and Chief Executive Officer of Rainy River Resources Ltd. From 2005 to 2009, Mr. Threlkeld was the Chief Operating Officer of Silver Bear Resources Inc. From 2006 to 2009, he was the President and Chief Executive Officer of Western Goldfields Inc. From 1996 to 2005, Mr. Threlkeld held various senior management positions in precious metal mine development with Barrick Gold Corporation and Coeur d'Alene Mines Corporation including the development of the Pierina Mine in Peru, the Bulyanhulu Mine in Tanzania and the Veladero Mine in Argentina.

Maryn Konig, Chairman, stated:' On behalf of the Company's board of directors we welcome Ray Threlkeld as a director and believe that his extensive experience will contribute greatly towards the successful development of Ilovica.'

This news release contains forward-looking statements including but not limited to statements regarding a maiden reserve estimate; the completion of a Feasibility Study including statements about the projected IRR, NPV and future capital and operating costs,, the projected revenues from sales, the estimation of mineral reserve and resources statements, the market and future price of commodities and securing of finance for its Ilovica project, including in respect of either Phase 1 or Phase 2. In making the forward-looking statements in this release, the Company has applied certain factors and assumptions that are based on information currently available to the Company as well as the Company's current beliefs and assumptions made by the Company, including with respect to mineral resource estimates, that the key assumptions and parameters on which such geological interpretations are based are reasonable, that the Company will be able to obtain the necessary supplies, equipment, personnel and any financing required to carry out its planned activities, that the Company will draw down the balance of the second tranche under the Gold Purchase and Sale Agreement during the first quarter of 2016, that the Company's objectives concerning the Ilovica project can be achieved and that the Company's activities will proceed as expected.

Although the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect, and the forward-looking statements in this release are subject to numerous risks, uncertainties and other factors that may cause future results to differ materially from those expressed or implied in such forward-looking statements. Such risk factors may include, among others, that that mineral resources are not as estimated, unexpected variations in mineral resources, grade or recovery rates, actual results of exploration activities will be different than anticipated, data and assumptions underlying the geological interpretations may prove to be inaccurate, incomplete or to have been incorrectly interpreted, that the Company will not be able to obtain the necessary supplies, equipment, personnel and any financing required to carry out its planned activities. Readers are also encouraged to review all Company documents filed with the securities authorities in Canada, including the Management Discussion and Analysis in respect of the Company's recent financial statements under the heading 'Operational and Other Business Risks', which documents describe material factors and assumptions and risks that apply to the forward looking statements in this release. Readers are cautioned not to place undue reliance on forward-looking statements. The Company does not intend, and expressly disclaims any intention or obligation to, update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

For more information, please visit www.euromaxresources.com or contact:

Steve Sharpe, President & CEO
+44 (0)20 3667 2970
[email protected]

Read our latest newsletter and see what we've been up to! - Newsletter January 2016

Read the rest of the article at www.publicnow.com
Data and Statistics for these countries : Argentina | Peru | Tanzania | All
Gold and Silver Prices for these countries : Argentina | Peru | Tanzania | All

Euromax Resources

EXPLORATION STAGE
CODE : EOX.V
ISIN : CA29873T3073
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Euromax is a gold and copper exploration company based in Canada.

Euromax holds various exploration projects in Bulgaria, in Canada and in Macedonia.

Its main exploration properties are KARAVANSALIJA, TRUN, POPINTSI and RAKITOVO in Bulgaria, KAZANDOL, CEOVISHTE, BRESTOVATZ and ILOVITZA in Macedonia and DURLAN POTOK and EYREMORE in Canada.

Euromax is listed in Canada and in United States of America. Its market capitalisation is CA$ 50.2 millions as of today (US$ 38.5 millions, € 34.9 millions).

Its stock quote reached its highest recent level on March 21, 1997 at CA$ 5.40, and its lowest recent point on April 25, 2014 at CA$ 0.09.

Euromax has 116 842 737 shares outstanding.

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Corporate Presentations of Euromax Resources
11/1/2012Management Share Purchases New Euromax Corporate Presentatio...
3/2/2008 Corporate Presentation - February 2008
Annual reports of Euromax Resources
2007 Annual Report
Financings of Euromax Resources
3/15/2011Announces Final TSXV Approval of $7.875 Million Private Plac...
2/22/2011Proposes Private Placement for Up to $7.875 Million
Option Grants of Euromax Resources
9/21/2012Brings Investor Relations Services In-house
3/23/2011Grant of 575,000 options at $0,35
2/3/2011Euromax issues 1.075.000 stock options at $0.31
Nominations of Euromax Resources
6/11/2013Appoints Environmental & Social Manager
6/1/2011Board of Directors Re-Elected at Annual General Meeting
9/1/2009Appoints VP Exploration and IR Team
8/7/2008appoints Greg Hall as member of advisory board
Project news of Euromax Resources
2/29/2012First Berlin Initiates Coverage of Euromax Resources
2/8/2012Euro Pacific Broker Note - EurOmax Resources
7/20/2011(Trun)Confirms Another Gold Zone at Trun - Drilling Encounters 24 ...
5/26/2011(Ilovitza)Intercepts 369 Meters at 0.22% Copper and 0.33 Grams Per Ton...
4/1/2011(Breznik)Reports 0.5 Million Ounces Gold and 2.1 Million Ounces Silve...
2/17/2011(Ilovitza)Intercepts 336.5 Meters at 0.30% Copper and 0.37 Grams Per T...
8/4/2010(Kazandol)Drilling Confirms Oxide Copper Zone at Kazandol North
11/12/2009Correction: Drilling at Breznik Intersects High Gold Grades
11/3/2009Drilling at Breznik Intersects High Grades and Extends Lengt...
7/24/2008(Ilovitza)Ilovitza Geophysical Survey
6/26/2008(Ilovitza)Announces 1.6 Billion pound copper and 2.9 million ounce gol...
Corporate news of Euromax Resources
7/7/2016Euromax Announces Final Approval To Graduate to TSX
6/20/2016Euromax Announces Receipt of Conditional Approval to Graduat...
6/14/2016Euromax Announces Reconfirmation of US$240m German Governmen...
6/14/2016Euromax Announces Reconfirmation of US$240 Million
5/20/2016Euromax Announces Completion of Convertible Debt Financings ...
5/6/2016Notice for submission of the Ilovica Project EIA for approva...
4/29/2016Euromax announces non-brokered private placement to the EBRD...
4/8/2016Proposed Funding Package and Formation of Strategic Relation...
4/8/2016Euromax Announces Proposed Funding Package and Formation of ...
3/21/2016Euromax Announces Board Appointment
1/6/2016Euromax Announces Ilovica Feasibility Study Results
10/20/2015Read our latest newsletter - September 2015
10/19/2015Euromax Announces Option Agreement for KMC
9/15/2015Read our latest newsletter - August 2015
9/10/2015Euromax Resources to Attend Upcoming Investment Summits
7/29/2015Euromax at the Macedonia 2025 Networking Reception in Toront...
7/15/2015Read our latest newsletter - June 2015
7/9/2015Euromax on Mining Journal - Rose among the thorns
7/9/2015Rose among the thorns - Mining Journal
3/24/2015Euromax Announces Appointment of Director and Funding of Sec...
3/24/2015Announces Appointment of Director and Funding of Second $3.7...
3/9/2015Euromax Announces Closing of Royal Gold Transaction
3/3/2015Announces Closing of Royal Gold Transaction
3/3/2015Euromax Announces Closing of Royal Gold Transaction
2/20/2015Certificate of Appreciation awarded to Euromax Resources
1/12/2015Euromax Resources Closes Private Placement
1/12/2015Euromax Resources Closes Private Placement
12/23/2014Re-filing of Amended Technical Report
12/22/2014Re-Filing of Amended Technical Report
12/10/2014Euromax Announces Non-­Brokered Private Placement to the EBR...
12/9/2014Euromax Announces Non-Brokered Private Placement to the EBRD
10/21/2014Royal Gold Acquires Gold Stream on Euromax’s Ilovitza Projec...
10/21/2014Euromax Resources Announces US$175 Million Gold Streaming Ag...
9/27/2013Receives C$1 Million from Sale of Thrace Resources
9/12/2013Announces Discovery Drill Hole at Gradina, KMC, Serbia
8/5/2013(Ilovitza)Announces New Mineral Resource Estimate for Ilovitza Project
7/24/2013Publishes First Company Newsletter
7/24/2013Publishes First Company Newsletter
5/24/2013(Ilovitza)Announces New Mineral Resource Estimate for Trun Project-Dri...
5/9/2013All Resolutions Passed at Euromax Annual General & Special M...
5/9/2013All Resolutions Passed at Euromax Annual General & Special M...
3/26/2013(Ilovitza)Files Updated Ilovitza PEA
3/21/2013(Ilovitza)Announces 2012 Drilling Results from Ilovitza, Macedonia
2/19/2013Announces 2012 Drilling Results from KMC Project, Serbia
2/14/2013(Ilovitza)Opens Information Centre in Ilovitza
1/23/2013Announces $8.8 Million Non-Brokered Private Placement; Appoi...
11/8/2012Board and Management Changes
10/24/2012(Ilovitza)Announces Approval of Ilovitza EIS & Preliminary Economic As...
10/16/2012(Ilovitza)Announces Share Consolidation; New Company Secretary Appoint...
9/13/2012Director's Dealings
5/23/2012Moves to Europe
7/21/2011Drill High Grades
7/7/2011(Breznik)Large Geophysical Anomaly at the Breznik Au-Ag Project Teste...
6/14/2011(Trun)Discovers New Gold Zones at Trun
5/4/2011Commences Drilling and Geophysical Programs
4/21/2011Adds to Technical Advisory Board and Issues Stock Options to...
8/18/2010Reminds Shareholders to Vote their BLUE Proxy By Friday, Aug...
7/26/2010files Information Circular and Urges Shareholders to Vote th...
7/14/2010Sues Anthony Patriarco for Insider Trading
10/20/2009 Bulgarian project update
7/16/2009EOX Closes USD15 Million Property Sale
7/17/2009Now Has A New Lease Of Life In South Eastern Europe
5/27/2009Silk Road Business Combination
8/22/2008Closes $0.75 Million Financing
7/14/2008Exposure to West African Gold Exploration
7/7/2008Dr. Patriarco Joins EurOmax Board
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