New Risk • Apr 20
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.3m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.3m free cash flow). Share price has been highly volatile over the past 3 months (40% average weekly change). Negative equity (-CA$6.7m). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$28.1m market cap, or US$20.5m). New Risk • Apr 12
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Negative equity (-CA$6.4m). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$23.4m market cap, or US$16.9m). Announcement • Mar 24
Euromax Resources Ltd., Annual General Meeting, May 22, 2026 Euromax Resources Ltd., Annual General Meeting, May 22, 2026. Location: ontario, toronto Canada New Risk • Jan 11
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 20% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (44% average weekly change). Negative equity (-CA$6.4m). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (20% increase in shares outstanding). Market cap is less than US$100m (CA$24.8m market cap, or US$17.9m). Announcement • Jan 06
Euromax Resources Ltd. Appoints P. Gage Jull as Non-Executive Chairman of the Board Euromax Resources Ltd. has appointed P. Gage Jull as Non-Executive Chairman of the Board of Directors. P. Gage Jull also serves as Executive Chairman of Arrow Exploration Corp. Mr. Jull brings over three decades of natural resources investment banking experience to the Board, including significant financing and development of junior resources companies. Throughout his career, Mr. Jull has acted as lead underwriter on numerous cross border equity and debt offerings involving energy or mining assets around the world, with capital sourced in Canada, the U.S. and the U.K., and has worked at various Canadian domestic as well as international investment banking firms. Mr. Jull holds a B.Sc. degree from the University of Toronto, an MBA from the University of Western Ontario, and holds both P.Eng. and CFA designations. Announcement • Dec 16
Euromax Resources Ltd. announced that it expects to receive CAD 3.968132 million in funding Euromax Resources Ltd. announced a non-brokered private placement up to 122,096,357 common shares at a price of CAD 0.0325 ($0.02299) for gross proceeds of CAD 3,968,131.6025 ($3,968,131.6025) on December 15, 2025. The proposed placees of the Offering are expected to include one or more insiders of the Company and other investors (the “Proposed Placees”). The Offering is not expected to materially affect control of the Company. Closing of the Offering is subject to acceptance by the TSXV of the terms of the Offering and other customary closing conditions. In addition to any applicable resale restrictions under Canadian securities laws, all securities issued under the Offering will be subject to a four month resale restriction imposed by the TSXV. There can be no assurances that the Offering will be completed on the terms set out herein, or at all, or that the proceeds of the Offering will be sufficient for the proposed use of proceeds as set out above. Announcement • Nov 22
Euromax Resources Ltd. Appoints P. Gage Jull as an Independent, Non-Executive Director Euromax Resources Ltd. announced that P. Gage Jull has been appointed to the Board of Directors as an independent, non-executive director. Mr. Jull serves as Executive Chairman of Arrow Exploration Corp. Mr. Jull brings over three decades of natural resources investment banking experience to the Board, including significant financing and development of junior resources companies. Throughout his career, Mr. Jull has acted as lead underwriter on numerous cross border equity and debt offerings involving energy or mining assets around the world, with capital sourced in Canada, the U.S. and the U.K., and has worked at various Canadian domestic as well as international investment banking firms. Mr. Jull holds a B.Sc. degree from the University of Toronto, an MBA from the University of Western Ontario, and holds both P.Eng. and CFA designations. Announcement • Oct 28
Euromax Resources Ltd. Announces Appointment of Maciej Sciazko as Non Executive Director Euromax Resources Ltd. announced that Maciej Sciazko has been appointed to the Board of Directors as Non Executive Director. He serves as Head of Mining Operations for the Trafigura Groupand has two decades of experience across the globe. In his current role at Trafigura, Maciej oversees Trafigura's global mining portfolio which consists of multiple JV and wholly owned mining assets. Maciej has a proven track record of executing multi-billion dollar capital projects and creating sustainable value across operations in five continents, with experience in navigating complex regulatory, financial and political environments. Announcement • Oct 01
Euromax Resources Ltd. announced that it expects to receive $0.804 million in funding Euromax Resources Ltd. announced that it has agreed to issue unsecured non convertible promissory note for the principal amount of $804,000 on September 29, 2025. The transaction will included participation from returning lender, Galena Resource Equities Limited. New Risk • Sep 25
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.1m free cash flow). Shares are highly illiquid. Negative equity (-CA$4.8m). Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.3m market cap, or US$8.14m). New Risk • Aug 27
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.1m free cash flow). Shares are highly illiquid. Negative equity (-CA$4.8m). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.7m market cap, or US$7.73m). Minor Risk Shareholders have been diluted in the past year (28% increase in shares outstanding). Board Change • Aug 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Pat Forward was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jun 25
Euromax Resources Ltd. Announces Appointments to the Board Committees Euromax Resources Ltd. announced that the following members have been appointed to the Board Committees: Compensation Committee: Patrick Forward. Technical Committee: Greg Morris (Chair), Patrick Forward and Tim Morgan-Wynne. Board Change • Jun 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 4 highly experienced directors. Independent Non-Executive Director Pat Forward was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jun 12
Euromax Resources Ltd. Announces Resignation of Ali Vezvaei from Board of Directors and as President, Effective June 12, 2025 Euromax Resources Ltd. announced that Ali Vezvaei has resigned from the company's board of directors and as President of the Company, effective June 12, 2025, following the disposal by NDX B.V. of its entire investment in the shares of the company. Announcement • May 08
VVV Commodities & Resources Ltd. acquired 16.03% stake in Euromax Resources Ltd. (TSXV:EOX) from Ndx B.V. for $3.2 million. VVV Commodities & Resources Ltd. acquired 16.03% stake in Euromax Resources Ltd. (TSXV:EOX) from Ndx B.V. for $3.2 million on May 2, 2025. acquired 13,987,645 Common Shares in the capital of Euromax Resources from Ndx B.V. for $0.028 per share in cash.
VVV Commodities & Resources Ltd. completed the acquisition of 16.03% stake in Euromax Resources Ltd. (TSXV:EOX) from Ndx B.V. on May 2, 2025. Announcement • May 05
Euromax Resources Ltd. announced that it has received CAD 4.559506 million in funding from VVV Commodities and Resources Ltd On May 5, 2025, Euromax Resources Ltd closed the Transaction. Announcement • Apr 21
Euromax Resources Ltd., Annual General Meeting, Jun 24, 2025 Euromax Resources Ltd., Annual General Meeting, Jun 24, 2025. Location: skopje Macedonia New Risk • Jan 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 40% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Negative equity (-CA$5.5m). Shareholders have been substantially diluted in the past year (40% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$10.3m market cap, or US$7.16m). Announcement • Nov 14
Euromax Resources Ltd. announced that it has received CAD 1.777423 million in funding On November 13, 2024, Euromax Resources Ltd. closed the transaction. Announcement • Oct 01
Euromax Resources Ltd. announced that it expects to receive CAD 1.777423 million in funding Euromax Resources Ltd. announced a non-brokered private placement to issue and sell up to 118,494,884 common shares of the company, at a price of CAD 0.015 per Common Share for gross proceeds of CAD 1,777,423 on September 30, 2024. Closing of the Offering is subject to acceptance by the TSXV of the terms of the Offering and other customary closing conditions. Announcement • Aug 06
Euromax Resources Ltd. announced that it expects to receive CAD 0.069587 million in funding Euromax Resources Ltd. announced a non-brokered private placement of 3,479,365 units at a price of CAD 0.02 for the gross proceeds of CAD 69,587 on August 6, 2024. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder to acquire one common share at an exercise price of CAD 0.05 per common share for a period of five years following the closing of the Offering. Closing of the Offering is subject to acceptance by the TSXV of the terms of the Offering and other customary closing conditions. In addition to any applicable resale restrictions under Canadian securities laws, all securities issued under the Offering will be subject to a four month resale restriction imposed by the TSXV. Announcement • Jun 25
Euromax Resources Ltd. Announces Committee Appointments Euromax Resources Ltd. at its Annual General Meeting held on June 24, 2024, approved the following members have been appointed to the Board Committees: Technical Committee: Greg Morris (Chair), Tim Morgan-Wynne and Patrick Forward. Announcement • Jun 19
Euromax Resources Ltd. announced that it has received CAD 0.066042 million in funding On June 19, 2024, Euromax Resources Ltd closed the transaction. The company issued 3,302,081 units at a price of CAD 0.02 per unit for the gross proceeds of CAD 66,041.62. The Units to be issued pursuant to the Private Placement, and any Common Shares issued in connection with the exercise of Warrants, if any, will be subject to a hold period of four months and one day from the date of issuance expiring on October 19, 2024, in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Announcement • Jun 08
Euromax Resources Ltd. announced that it expects to receive CAD 0.069587 million in funding Euromax Resources Ltd. announced a non-brokered private placement of 3,479,365 units at a price of CAD 0.02 per unit for the gross proceeds of CAD 69,587 on June 7, 2024. Each unit consisting of one common share in the capital of the company and one common share purchase warrant, at an offering price of CAD 0.02 per Unit for aggregate gross proceeds of approximately CAD 69,587 pursuant to a non-brokered private placement. Each warrant will entitle the holder to acquire one Common Share at an exercise price of CAD 0.05 per common share for a period of five years following the closing of the Offering. Closing of the offering is subject to acceptance by the TSXV of the terms of the offering and other customary closing conditions. In addition to any applicable resale restrictions under Canadian securities laws, all securities issued under the Offering will be subject to a four month resale restriction imposed by the TSXV. Announcement • May 09
Euromax Resources Ltd. announced that it has received CAD 1.22929 million in funding On May 7, 2024, Euromax Resources Ltd. closed the transaction. The company issued 8,223,645 units of the Company at a price of CAD 0.02 per unit for the gross proceeds of CAD 164,473 in its final tranche. Announcement • Apr 26
Euromax Resources Ltd. announced that it expects to receive CAD 1.22929 million in funding Euromax Resources Ltd. announced a private placement to issue 61,464,496 units at an issue price of CAD 0.02 per unit for the gross proceeds of CAD 1,229,289.92 on April 25, 2024. Each unit consists of one common share and one Common Share purchase warrant. Each Warrant will entitle the holder to acquire one Common Share at an exercise price of CAD 0.05 per Common Share for a period of five years following the closing of the Offering. The proposed placees of the Offering include two controlling shareholders and two directors of the Company. All Proposed Placees are insiders of the Company. Closing of the Offering is subject to acceptance by the TSXV of the terms of the Offering and other customary closing conditions. In addition to any applicable resale restrictions under Canadian securities laws, all securities issued under the Offering will be subject to a four month resale restriction imposed by the TSXV. The transaction has been approved by Ontario Securities Commission. Closing of the Offering is subject to acceptance by the TSXV of the terms of the Offering and other customary closing conditions. In addition to any applicable resale restrictions under Canadian securities laws, all securities issued under the Offering will be subject to a four month resale restriction imposed by the TSXV. Announcement • Apr 21
Euromax Resources Ltd., Annual General Meeting, Jun 24, 2024 Euromax Resources Ltd., Annual General Meeting, Jun 24, 2024. Announcement • Mar 12
Euromax Resources Ltd. Resignation of Nicolas Treand as Executive Director Euromax Resources Ltd. announces that Mr. Nicolas Treand has handed in his resignation as Executive Director responsible for Macedonian Affairs, after accepting a role as an executive in another business. The Company has made significant progress during Mr. Treand's period of office, and the Company thanks him for his contribution during this period. Mr. Treand will remain as a Non Executive Director and the Company will continue to benefit from his experience and historic knowledge of the project. Recent Insider Transactions Derivative • Feb 25
Board Member exercised options to buy CA$26k worth of stock. On the 21st of February, Patrick Forward exercised options to buy 2m shares at a strike price of around CA$1,702,651, costing a total of CA$2.9t. This transaction amounted to 193% of their direct individual holding at the time of the trade. Since June 2023, Patrick has owned 883.30k shares directly. This was the only transaction from an insider over the last 12 months. New Risk • Aug 11
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.5m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Negative equity (-CA$3.4m). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (39% increase in shares outstanding). Market cap is less than US$100m (CA$41.7m market cap, or US$31.0m). Announcement • Jun 28
Euromax Resources Ltd. Announces CEO Changes Euromax Resources Ltd. announced that Chief Executive Officer Tim Morgan-Wynne, who is acting as Executive Chairman, has been appointed as CEO of the Company. Announcement • Feb 04
Euromax Resources Ltd Appoints Ali Vezvaei as Non Executive Director Euromax Resources Ltd. announced that Ali Vezvaei has been appointed to the Board of Directors as Non Executive Director. He serves as the Chief Executive Officer for ND Group B.V., a responsible and sustainable investment company based in the Netherlands. ND Group's primary focus is investments with the goal to create long lasting impact and value add for communities and the environment, help accelerate the transition to a low-carbon economy, while building on and developing technology and human capital. Announcement • Jan 25
Euromax Resources Ltd. announced that it has received CAD 4.05 million in funding from Ndx B.V. On January 24, 2023, Euromax Resources Ltd. closed the transaction. The company has amended the terms of the transaction. The company has issued 101,250,000 units at a price of CAD 0.04 for gross proceeds of CAD 4,050,000. Announcement • Dec 29
Euromax Resources Ltd. announced that it expects to receive CAD 4.052 million in funding from Ndx B.V. Euromax Resources Ltd. announced a non-brokered private placement of up to approximately 101,300,000 units at a price of CAD 0.04 per unit for gross proceeds of CAD 4,052,000 on December 28, 2022. The transaction will include participation from new investor, Ndx B.V. Each unit will consist of one common share of the company, one-half common share purchase A warrant and one- half common share purchase B warrant. The warrants are subject to adjustment upon certain customary events. Each A Warrant is exercisable for one common Share at an exercise price of CAD 0.075 for a period of two years from the date of issuance, subject to the receipt of the successful merger of the Ilovica 6 and Ilovica 11 exploitation concessions, and approval of the environmental Impact assessment on the merged exploitation concessions. Each B Warrant is exercisable for one common share at an exercise price of CAD 0.125 for a period of two years from the date of issuance, subject to the receipt of the approval of the exploitation permit on the merged exploitation concession for the Ilovica-Shtuka project. The warrants, if exercised in full by the holders thereof, would represent additional gross proceeds to the company of approximately CAD 10,125,000. Upon completion of the private placement, Ndx B.V. is currently expected to exercise control and direction over approximately 101,250,000 common shares and 101,250,000 warrants, representing approximately 22.3% of the issued and outstanding common shares on a non-diluted basis and 44.5% on a partially diluted basis. Closing of the private placement is expected to occur on or about January 6, 2023. The common shares, the warrants and the warrant shares will be subject to a four month hold period from the date of issuance of the units. The private placement requires the approval of the shareholders under the rules of the Toronto Stock Exchange. The company intends to rely on the exemption to obtain such shareholder approval for the completion of the private placement by way of written consent in lieu of a meeting, pursuant to Section 604(d) of the Toronto Stock Exchange Company Manual. Closing of the private placement is subject to the satisfaction of customary conditions for a transaction of this nature, including the waiver of certain rights held by existing shareholders, and the receipt of all necessary corporate and regulatory approvals, including the approval of the Toronto Stock Exchange. Announcement • Oct 20
Euromax Resources Ltd. announced that it expects to receive $0.25 million in funding from Galena Resource Equities Limited Euromax Resources Ltd. announced a private placement of a non-interest bearing, unsecured, convertible promissory note in the principal amount of $250,000 to one of its current shareholders, Galena Resource Equities Limited on October 18, 2022. The convertible promissory note may be converted in whole or in part into fully paid and nonassessable common shares in the capital of the company on the basis of one common share for each CAD 0.032 of principal amount of the convertible promissory note converted, resulting in the issuance of up to 10,580,216 common shares upon the conversion of the convertible promissory note in accordance with its terms. The company has obtained conditional approval of the Toronto Stock Exchange of the private placement, subject to the satisfaction of certain conditions. The transaction remains subject to the final approval of the TSX. Announcement • Jul 13
Euromax Resources Ltd. announced that it expects to receive CAD 1.29819 million in funding from Galena Resource Equities Limited Euromax Resources Ltd. announced that it will issue zero coupon unsecured convertible promissory note to receive $1,000,000 (CAD 1,298,190) in a round of funding on July 11, 2022. The transaction will include participation from returning investor Galena Resource Equities Limited. The note will be convertible into 24,761,904 common shares at a price of CAD 0.0525 per share. The company has received conditional approval from TSX Venture Exchange and is subject to final approval from TSX Venture Exchange. Announcement • Jun 21
Euromax Resources Ltd. Announces Board Appointments Euromax Resources Ltd. announced the appointment of Stanislav Delchev (Chair), James Burke and Martyn Konig as audit committee, at its AGM held on June 20, 2022. Martyn Konig (Chair), Tim Morgan-Wynne and James Burke as Compensation Committee and Greg Morris (Chair), Patrick Forward and Vladislav Trashliev as Technical Committee. Board Change • Nov 22
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stanislav Delchev was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Oct 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Stanislav Delchev was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 24
Euromax Resources Ltd. announced that it expects to receive CAD 1.197 million in funding from Galena Resource Equities Limited and other investors Euromax Resources Ltd. announced a non-brokered private placement of 21,000,000 units at CAD 0.057 per unit for gross proceeds of CAD 1,970,000 on September 22, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at an exercise price of CAD 0.0761 for a period of three years from closing of the transaction. The Warrants, if exercised in full by the holders thereof, would represent additional gross proceeds to the Company of approximately CAD 1.6 million The transaction will include participation from existing investor Galena Resource Equities Limited for 15,602,312 units for proceeds of CAD 889,331.784, other existing investors for 4,380,202 units for proceeds of CAD 249,671.514, two directors of the company for 1,000,000 units for proceeds of CAD 57,000. The securities are subject to a four month hold period. The transaction is subject to approval from the Toronto Stock Exchange. The transaction is expected to close on t October 1, 2021. Upon completion, Galena is currently expected to exercise control and direction over approximately 191,610,952 Common Shares and 15,602,312 Warrants, representing approximately 54.3% of the issued and outstanding Common Shares (on a non-diluted basis) and 56.2%. The securities issued pursuant to will be subject to a four month hold period from the date of closing in accordance with applicable Canadian securities laws. Board Change • Jul 31
High number of new directors Independent Non-Executive Director Stanislav Delchev was the last director to join the board, commencing their role in 2020. Announcement • Sep 22
Euromax Resources Ltd. Announces Board Appointments Euromax Resources Ltd. at its Annual General Meeting held on September 18, 2020. At the Meeting, each of the individuals nominated by management for election as a director of the Company were duly elected and the number of directors of the Corporation was fixed at five in accordance with the Corporation's Articles. The results are as follows: Stanislav Delchev has been appointed as a Non-Executive Director of the Company. Mr. Delchev joins the Board of Directors and takes the position as Director nominated by Galena Resource Equities Limited and is currently Deputy Finance Director in Geotechmin OOD and Director in Geotechmin Services EOOD. Before joining the Geotechmin Group, Mr. Delchev had more than 15 years of experience in the audit practice, whereby 2 years spent in KPMG office in the Channel Islands and 6 years in KPMG office in Bulgaria. Mr. Delchev holds a Master's degree from University of National and World Economics for Accounting and Control, and he is a Fellow member of the Association of Chartered Certified Accountants (ACCA) in UK. The Company further announces that the following members have been appointed to the Board Committees: Audit Committee: Stanislav Delcev (Chair), James Burke and Martyn Konig. Compensation Committee: Martyn Konig (Chair), Tim Morgan-Wynne and James Burke. Technical Committee: Greg Morris (Chair), Patrick Forward and Vladislav Trashliev. Announcement • Sep 01
Euromax Resources Ltd. Announces Resignation of Varshan Gokool as Chief Executive Officer Euromax Resources Ltd. announced that Varshan Gokool has resigned as Chief Executive Officer, effective August 31, 2020.