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Contact FMR >Vancouver, British Columbia--(Newsfile Corp. - October 15, 2018) - Fairmont Resources Inc. (TSXV: FMR) ("Fairmont" or the "Company") announces that it is actively assessing its options to restructure its debt. The Company has resumed talks with several major creditors, including to settle the judgment against the Company in the amount of €575,000, by issuing common shares in the capital of the Company ("Common Shares") at a substantial discount to the current trading price of the Common Shares (the "Proposed Debt Settlements"). While the Company has not entered into any formal agreements...
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2018) - Fairmont Resources Inc. (TSXV: FMR) ("Fairmont" or the "Company") announces that, as previously disclosed in its news releases of August 23, 2018 and October 4, 2018, the Company applied for, and has now received, approval from the TSX Venture Exchange to delist its common shares, with the delisting to take effect at the close of business on Friday, October 26, 2018. The Company received shareholder approval for the delisting, on a majority of the minority basis, at its annual general and special meeting held on September 21, 2...
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2018) - Fairmont Resources Inc. (TSXV: FMR) ("Fairmont" or the "Company") announces that, as previously disclosed in its news release of August 23, 2018, the Company intends proceed as soon as possible with its plans to delist (the "Delisting") its common shares from the TSX Venture Exchange (the "Exchange") and to transfer its interest in the Buttercup Property to Frederic Bergeron and Magnor Exploration Inc. in satisfaction of $150,000 in debt owed by the Company to such individuals (the "Property Sale").The Company received sharehold...
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