Welcome to our dedicated page for American Copper news (Ticker: ACDXF), a resource for investors and traders seeking the latest updates and insights on American Copper stock.
News for American Copper Development Corporation (CSE: ACDX, OTCQB: ACDXF) centers on its activities as a mineral exploration company in the precious and base metals space. Company releases describe ongoing work to locate and develop economic mineral properties of merit, with a particular focus on the Lordsburg Project in New Mexico and exploration programs on other properties such as Chuchi South and West.
Investors following ACDXF news can expect updates on exploration results, drilling campaigns, and property agreements. The company has reported assay results from diamond drill holes at the Lordsburg Project, including intervals of copper-equivalent mineralization and descriptions of porphyry-style alteration and mineralization. News has also covered expansion of the land position at Lordsburg through additional claim staking and a mining lease with an option to purchase certain patented claims.
Corporate and capital markets developments are another key theme in American Copper Development Corporation’s news flow. The company has announced a planned share consolidation on the Canadian Securities Exchange, describing it as a step that may provide greater flexibility for financing opportunities, subject to exchange policies. It has also reported renegotiated terms for the purchase of the Lordsburg Property, reducing property purchase liabilities through revised payment terms and share issuance.
Governance and leadership changes feature in recent releases, including board resignations, new director appointments, and a leadership transition with a new Chief Executive Officer and additional board members. These updates are presented alongside cautionary statements regarding forward-looking information under Canadian securities legislation. For readers tracking ACDXF, this news page brings together exploration, corporate, and governance disclosures in one place.
American Copper Development Corp (OTC:ACDXF) announced an immediate leadership transition on October 31, 2025. Anthony Paterson was appointed Chief Executive Officer and Director, while Jeremy Ross and Ali Pickett joined the board. The company also reported the resignations of Daniel Schieber (CEO and Director), Stuart Ross, and Marcio Fonseca (Directors), effective October 30, 2025.
The new team said it will undertake a review of the company’s assets, capital structure, and strategic priorities to refocus on value creation and disciplined execution.
American Copper Development (CSE: ACDX) has announced a share consolidation on a 5:1 basis, effective February 24, 2025. The consolidation will reduce the company's outstanding shares from 92,902,254 to approximately 18,580,450 shares. The trading symbol 'ACDX' will remain unchanged, while new CUSIP and ISIN numbers will be assigned.
The consolidation will proportionally adjust the exercise price and number of shares for outstanding convertible securities. Endeavor Trust will process shares held by registered shareholders as of February 24, 2025. The board initiated this consolidation to increase flexibility for future financing opportunities, subject to Canadian Securities Exchange policies.
American Copper Development (CSE: ACDX) announced changes to its Board of Directors on December 19, 2024. Chairman and Director Rick van Nieuwenhuyse and Curtis Freeman have resigned effective December 17, 2024. The board has appointed Michael Murphy as interim Chairman and Director. Murphy brings significant experience in the metals and mining sector, including founding TSX-listed Torex Gold Resources Inc. and holding positions at Merrill Lynch, DLJ, and Credit Suisse. He currently serves as CEO of South Pacific Metals Corp.
American Copper Development (CSE: ACDX) has appointed Marcio Fonseca, P.Geo as an independent board member. Fonseca brings 30+ years of professional experience in mining across multiple commodities and jurisdictions. His notable achievements include involvement in Tier 1 deposit discoveries and the CAD$155M acquisition of SilverCrest Mines by First Majestic Silver Corp. Previously, he served as VP of Corporate Development at SilverCrest Mines and Division Director at Macquarie Bank. He has held senior positions with Vale, Phelps Dodge, and Freeport in Latin America, and currently serves as President, COO and Founder of GR Silver.
American Copper Development (ACDXF) successfully renegotiated terms with Waterton Nevada Splitter , reducing property purchase liabilities by $4.6M or 90%. The company now owes CAD$400,000 by August 2025, down from CAD$5,000,000. Waterton received CAD$625,000 and 1,564,823 shares in exchange. Rick van Nieuwenhuyse, Chairman, sees this as a major step towards owning the Lordsburg district outright, highlighting exciting exploration opportunities amidst a Copper bull-market. The amended terms include payments of CAD$625,000, issuance of 1,546,823 shares, CAD$50,000 due in August 2024, and a final payment of CAD$350,000 in August 2025.
Summary not available.
Summary not available.