American Copper Development Corporation (ACDC) - Chairman, Rick Van Nieuwenhuyse
Chairman, Rick Van Nieuwenhuyse
Source: ACDC
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  • The common shares of American Copper Development Corporation (CSE:ACDX) will resume trading on August 30, 2022, under the ticker symbol ACDX
  • Trading was paused on January 13, 2022, following the announcement that the company had entered into a binding letter of agreement
  • The binding letter of agreement empowered the company to acquire certain mineral property interests, located in the State of New Mexico
  • American Copper Development Corporation is engaged in the business of mineral exploration and the acquisition of mineral property assets
  • American Copper Development Corporation will resume trading on the CSE on August 30

Common shares of American Copper Development Corporation (ACDX) will resume trading on August 30, 2022, under the ticker symbol ACDX.

Trading was paused on January 13, 2022, following the announcement that the company had entered into a binding letter of agreement.

The company entered into the agreement with Pyramid Peak Mining, LLC., a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP, and Mason Resources (US) Inc., a wholly-owned subsidiary of Hudbay Minerals Inc.

The letter of agreement empowered American Copper Development Corporation to acquire certain mineral property interests, located in the State of New Mexico.

The company completed the transaction on August 8, 2022.

Rick Van Nieuwenhuyse, Chairman of American Copper Development Corporation, expressed the company’s excitement to be back to trading.

“The Lordsburg district represents an awesome opportunity to make a major copper discovery in southwestern United States – porphyry country, and we have a number of geological and geophysical programs underway, including 3D Induced Polarization (IP), Magnetotellurics, Magnetics, Radiometrics, and Lidar, as well as good old field mapping and surface sampling,” explained the Chairman.

“We have a drill lined up for the fourth quarter once we have specific targets outlined by our geological and geophysical surveys, and just like a fly on the wall, we are ‘Back in Business’ and ready to ROCK!” he added.

American Copper Development Corporation is engaged in the business of mineral exploration and the acquisition of mineral property assets.

American Copper Development Corporation will resume trading on the CSE on August 30.


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