Brief: Auramex Announces Restructuring, Private Placement And Strategic Acquisition

Golden Cross Resources

08/06/2020 18:49

June 8 (Reuters) - Auramex Resource Corp  AUX.V :
    * AURAMEX ANNOUNCES RESTRUCTURING, PRIVATE PLACEMENT AND
STRATEGIC
ACQUISITION
    * AURAMEX RESOURCE CORP - PLANS TO ACTIVELY CONSOLIDATE
CENTRAL
AND SOUTHERN AREAS OF STEWART MINING CAMP AND TO CONDUCT FOCUSED
EXPLORATION
    * AURAMEX RESOURCE - IAN SLATER WILL BE APPOINTED PRESIDENT
& CEO,
WHILE LAWRENCE ROULSTON WILL CONTINUE IN HIS ROLE AS DIRECTOR
    * AURAMEX RESOURCE CORP - RAVSHAN ISMADIYAROV AND JUDY
MCCALL ARE
ASSUMING POSITIONS OF CFO AND CORPORATE SECRETARY, RESPECTIVELY
    * AURAMEX RESOURCE CORP - ENTERED INTO AGREEMENT TO ACQUIRE
ISLA
GOLD CORP FOR 11.5 MILLION POST-CONSOLIDATION COMMON SHARES
    * AURAMEX -  WILL CONSOLIDATE ALL OF ITS OUTSTANDING SHARES
ON
BASIS OF 5 PRE-CONSOLIDATION SHARES FOR 1 POST-CONSOLIDATION
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Source text for Eikon:  urn:newsml:reuters.com:*:nGNX63sKgb
Further company coverage:  AUX.V 

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