ICMC

Itronics Updates Investors; Revenues Up 34 Percent

Retrieved on: 
Tuesday, April 25, 2023

Total Revenues for the 12 months ended December 31, 2022, were $2,089,780 compared to $1,559,109 in the same period in 2021, a 34 percent increase over the prior year.

Key Points: 
  • Total Revenues for the 12 months ended December 31, 2022, were $2,089,780 compared to $1,559,109 in the same period in 2021, a 34 percent increase over the prior year.
  • Entrance into the nursery markets will help expand GOLD'n GRO sales, while reducing the seasonal impact on revenues.
  • This presents an opportunity for Auric Gold & Minerals, Inc., a majority owned subsidiary of Itronics, to begin producing revenues, while directly benefiting Itronics with a cost-effective supply of raw materials.
  • Itronics recently restructured its Contract of Sale purchase agreement on the Wabuska property in Yerington, Nevada, which will become the Itronics Cleantech Materials Campus (ICMC).

Itronics Test Work On Fulstone Tailings Shows Strong Potential As Feed Material For Its Proposed Rock Kleen Pilot Plant

Retrieved on: 
Tuesday, August 31, 2021

The indicated values are high enough to justify moving forward with the Rock Kleen pilot plant development using Fulstone tailings as the feed material.

Key Points: 
  • The indicated values are high enough to justify moving forward with the Rock Kleen pilot plant development using Fulstone tailings as the feed material.
  • This pilot plant is being planned for installation at the Itronics Cleantech Materials Campus (ICMC), in Wabuska, Nevada.
  • "The test work completed on the Fulstone tailings demonstrates how Rock Kleen can create value from formerly worthless tailings by recovering a variety of metals and minerals," said Dr. John Whitney, Itronics President.
  • Itronics envisions the Rock Kleen plant, processing Fulstone tailings, to be an integral component of the Itronics Cleantech Materials Campus (ICMC) in Wabuska, Nevada.

American CuMo Mining Announces Closing of First Tranche of Silver Purchase Financing

Retrieved on: 
Wednesday, August 25, 2021

The Notes are tradable on the Vienna Stock Exchange and identified as Collateralized Silver Purchase Right Bond CUMO S3 with ISIN AT0000A2R0R7.

Key Points: 
  • The Notes are tradable on the Vienna Stock Exchange and identified as Collateralized Silver Purchase Right Bond CUMO S3 with ISIN AT0000A2R0R7.
  • Concurrently with closing of the Initial Tranche, Acepac Holdings Inc. ("Acepac") and the Company have agreed to settle their ongoing lawsuit.
  • CuMoCo is focused on advancing its CuMo Project towards feasibility and developing its zinc-germanium-lead-cadmium-fluorite deposit in Austria.
  • Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

American CuMo Mining Announces Silver Purchase Financing Approved for Vienna Exchange Listing

Retrieved on: 
Wednesday, May 12, 2021

b'Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) is pleased to announce that it has received approval from the Vienna Stock Exchange for admittance to trading for its majority owned subsidiary, International CuMo Mining Corporation\'s ("ICMC") previously announced Silver Financing (see news release dated April 7, 2021).

Key Points: 
  • b'Vancouver, British Columbia--(Newsfile Corp. - May 12, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) is pleased to announce that it has received approval from the Vienna Stock Exchange for admittance to trading for its majority owned subsidiary, International CuMo Mining Corporation\'s ("ICMC") previously announced Silver Financing (see news release dated April 7, 2021).
  • The units are identified on the exchange as Collateralized Silver Purchase Right Bond CUMO S3 with an ISIN AT0000A2R0R7 and will begin trading May 17, 2021.\nThe Financing involves the sale of up to 12,500 units ("ICMC Silver Units") by ICMC at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a promissory note in the principal amount of US$1,000 (a "Note") and a right (the "Silver Purchase Right") to enter into a silver purchase and sale agreement (a "Silver Purchase Agreement") with ICMC.
  • In the June 2, 2020 Independent 43-101 Preliminary Economic Analysis (PEA), the 30-year production schedule included 2.5 billion pounds of copper and 107 million ounces of silver.
  • Current metal prices would reduce this potential cash cost to under US$0.75 per pound.\nNote: The PEA is preliminary in nature.

American CuMo Mining Announces Silver Purchase Financing Now Available

Retrieved on: 
Wednesday, April 7, 2021

Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF)("CuMoCo" or the "Company") is pleased to announce the TSX Venture Exchange has approved the Company proceeding with the sale of its US$12,500,000 financing (the "ICMC Silver Financing") involving the sale of up to 12,500 units ("ICMC Silver Units") by its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a promissory note in the principal amount of US$1,000 (a "Note") and a right (the "Silver Purchase Right") to enter into a silver purchase and sale agreement (a "Silver Purchase Agreement") with ICMC.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 7, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF)("CuMoCo" or the "Company") is pleased to announce the TSX Venture Exchange has approved the Company proceeding with the sale of its US$12,500,000 financing (the "ICMC Silver Financing") involving the sale of up to 12,500 units ("ICMC Silver Units") by its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a promissory note in the principal amount of US$1,000 (a "Note") and a right (the "Silver Purchase Right") to enter into a silver purchase and sale agreement (a "Silver Purchase Agreement") with ICMC.
  • Each Silver Purchase Right would, if exercised, require the purchaser to purchase and ICMC to sell to the purchaser refined silver in an amount equal to 1,000 ounces of refined silver pursuant to a Silver Purchase Agreement.
  • If all ICMC Units under the ICMC Financing are issued and all Silver Purchase Rights were exercised, ICMC would be required to sell up to a maximum of 12,500,000 ounces of refined silver, which silver would be deliverable from the silver produced from the CuMo Project.
  • Any uncredited balance of the Deposit at the end of a Silver Purchase Agreement's term would be refunded to the purchaser.

American CuMo Mining Announces Terms of Silver Purchase Financing

Retrieved on: 
Wednesday, February 24, 2021

Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) is pleased to announce that it has finalized the terms of its proposed US$12,500,000 financing (the "ICMC Silver Financing") involving the sale of up to 12,500 units ("ICMC Silver Units") by its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a non-transferable promissory note in the principal amount of US$1,000 (a "Note") and a right (the "Silver Purchase Right") to enter into a silver purchase and sale agreement (a "Silver Purchase Agreement") with ICMC.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - American CuMo Mining Corporation (TSXV: MLY) (OTC Pink: MLYCF) is pleased to announce that it has finalized the terms of its proposed US$12,500,000 financing (the "ICMC Silver Financing") involving the sale of up to 12,500 units ("ICMC Silver Units") by its majority owned subsidiary, International CuMo Mining Corporation ("ICMC") at a price of US$1,000 per ICMC Silver Unit, with each ICMC Silver Unit consisting of a non-transferable promissory note in the principal amount of US$1,000 (a "Note") and a right (the "Silver Purchase Right") to enter into a silver purchase and sale agreement (a "Silver Purchase Agreement") with ICMC.
  • Each Silver Purchase Right would, if exercised, require the purchaser to purchase and ICMC to sell to the purchaser refined silver in an amount equal to 1,000 ounces of refined silver pursuant to a Silver Purchase Agreement.
  • If all ICMC Units under the ICMC Financing are issued and all Silver Purchase Rights were exercised, ICMC would be required to sell up to a maximum of 12,500,000 ounces of refined silver, which silver would be deliverable from the silver produced from the CuMo Project.
  • Any uncredited balance of the Deposit at the end of a Silver Purchase Agreement's term would be refunded to the purchaser.

New Version of TCS iCMC™ Solution to Help Enterprises Accelerate their Cloud Journey

Retrieved on: 
Thursday, August 22, 2019

TCS iCMC embodies the Machine First approach taken by TCS to enhance the speed to market and delivery certainty in cloud migration and core transformation engagements with customers.

Key Points: 
  • TCS iCMC embodies the Machine First approach taken by TCS to enhance the speed to market and delivery certainty in cloud migration and core transformation engagements with customers.
  • In live transformational engagements, the use of TCS iCMC has helped speed up the pre-migration cloud assessment and decisions by as much as 75 percent.
  • TCS has successfully used this solution to help over 100 customers take more than 25,000 informed decisions regarding their cloud adoption.
  • The TCS team came with their expertise, tools (iCMC) and process that helped us to kick start our cloud transformation.