Fairmont Resources announces that Innovacion, Soluciones Y Servicios Para La Commercialiacion S.L. has served the Company with a Statement of Claim filed in the Ontario Superior Court of Justice. The Claim seeks recognition and enforcement of the judgment against the Company that was rendered on June 28th, 2017, by the Court of First Instance No. 5 [...]
Fairmont Resources announces that Innovacion, Soluciones Y Servicios Para La Commercialiacion S.L. has filed in the Superior Court located in the District of Montreal, Province of Quebec to obtain enforcement of the judgment against Fairmont rendered on June 28th, 2017, by the Court of First Instance No. 5 in the city of Badajoz. Fairmont continues [...]
Fairmont Resources announces that no superior offers have been received for the Rome Lithium Property, and as a result the Company has agreed to move forward with the previously announced transaction with Jourdan Resources Upon TSX approval, Fairmont will receive $25,000 cash, 1,500,000 shares of Jourdan, and a 2% NSR on the Rome property. Grabasa [...]
Fairmont Resources has entered into a binding letter agreement with Prophecy Development to acquire the fully-permitted Buttercup Iron-Titanium-Vanadium (Fe-Ti-V) project in Quebec. Fairmont sees this as a positive transaction in the current market conditions and plans to focus its attention on its quartzite properties in Quebec, as well as look at [...]
Fairmont Resources announces that the First Instance Court No. 5, Badajoz, Spain has ordered that the Company pay Innovacion, Soluciones Y Servicios Para La Commercialiacion S.L. EUR 575,000 in connection with Eureka Trading's claim that the Company owes them a success fee for the unsuccessful acquisition of certain assets in Spain belonging to [...]
Fairmont Resources announces that an action in Spain has been filed against the Company by Innovacion, Soluciones Y Servicios Para La Commercialiacion S.L.. Eureka Trading claims that the Company owes them a success fee for the unsuccessful acquisition of certain assets in Spain belonging to Granitos of Badajoz, which is currently in liquidation [...]
Fairmont Resources announces that, in connection with its Granitos de Badajoz acquisition, the company's lawyers in Spain received on May 26, 2017, a resolution stating that the offer to acquire the assets of Grabasa has been terminated by the Court, located in Badajoz, Spain. Fairmont's lawyers have identified several key points which may be [...]
Fairmont Resources announces that, in connection with its Granitos de Badajoz acquisition, to the best of the company's knowledge, Fairmont's offer to acquire the assets of Grabasa remains in good standing, as the company has not received any notification from the Court located in Badajoz, Spain. Fairmont has been working with a Canadian funding [...]
VANCOUVER, BC / ACCESSWIRE / March 23, 2017 / Fairmont Resources Inc. (TSX-V: FMR) ("Fairmont" or the "Company") announces that, in connection with its Granitos de Badajoz ("Grabasa") acquisition, it has elected to not proceed with a proposed financing from a European funding group due to certain discrepancies identified by the Spanish courts. As a [...]
VANCOUVER, BC / ACCESSWIRE / March 20, 2017 / Fairmont Resources Inc. (TSXV: FMR) ("Fairmont") is pleased to announce that the Company has signed a quartzite testing agreement with PCC SE ("PCC") to validate the chemical and thermal stability of Fairmont's Baie Comeau and Forestville Quartzite Projects, as well to evaluate the commercial [...]
Fairmont Resources is pleased to announce it has received an extension to complete the payment for Granitos de Badajoz until April 24, 2017 from the Spanish Court in Badajoz. "Unexpected delays with clearance documentation from the European based funding group put us in a position that required an extension request," states Michael Dehn, President [...]
Fairmont Resources is pleased to announce it has received an extension to complete the payment for Granitos de Badajoz ("Grabasa") until March 8, 2017 from the Spanish Court in Badajoz. "We have been working diligently with a European based funding group and they are in the final stages of completing the necessary documentation," states Michael [...]