ZEUS NORTH AMERICA MINING CORP Stock Price, News & Analysis

Zeus North American Mining Corp (OTCQB:ZUUZF) has appointed Simon Clarke to its Board of Directors. Clarke brings 25 years of experience in building companies and implementing capital markets strategies in mining, energy, and energy technology sectors.

Clarke's extensive background includes significant experience in the Critical Minerals space, having managed government and stakeholder initiatives for battery metals supply while working with American Lithium, M2 Cobalt, and Jervois Mining. He is currently CEO, President & Director of American Critical Minerals Corp and Chair of Myriad Uranium.

Notable achievements include his tenure as CEO & Director of American Lithium Corp, where the company reached a $1.2 billion market valuation. He also co-founded M2 Cobalt Corp (later acquired by Jervois Global) and Osum Oil Sands Corp, which was acquired for approximately $400 million in 2021.

Zeus North American Mining Corp (OTCQB:ZUUZF) has reaffirmed its commitment to exploring and developing copper-silver deposits in the United States, specifically in Idaho. This strategic position comes in response to President Trump's February 24, 2025 announcement regarding potential tariff actions against Canada and Mexico.

The company emphasizes the critical nature of copper in various sectors including energy, infrastructure, and advanced manufacturing. CEO Dean Besserer highlighted that these potential tariffs could create opportunities for domestic copper producers, as industrial and government buyers may seek tariff-free copper sources. The company's Idaho operations are expected to contribute to local job creation and economic growth while strengthening America's resource independence.

Zeus North America Mining Corp (CSE:ZEUS)(OTCQB:ZUUZF) has announced its participation in the upcoming Kinvestor Mining & Energy Conference 2025 (KME25). Company President and CEO Dean Besserer will present on February 12th, 2025 at 11:20am PT / 2:20pm ET.

The virtual conference, hosted by Arlen Hansen of The Kinvestor Report, focuses on showcasing innovative small and mid-cap companies in the mining and energy sectors. KME25 will feature a roundtable panel titled 'Resources in a Time of Transition,' exploring how political shifts, economic policies, and global tensions are impacting the future of mining, energy, and commodities.

The conference aims to help investors navigate changes in the mining and energy sectors, particularly regarding renewable initiatives, critical mineral extraction, and supply chain challenges. Attendees will have the opportunity to engage in live Q&A sessions with presenting executives.

Zeus North America Mining Corp. (ZUUZF) has completed its 2024 exploration program at the Cuddy Mountain project in Idaho, located less than 3 km north of the Hercules Metals porphyry discovery. The company has:

- Staked 19 additional BLM Lode Claims
- Completed a property-wide 3D-DCIP survey
- Conducted a ground magnetic survey covering 105-line km
- Collected 799 soil samples and 339 rock grab samples
- Completed property-wide mapping

The mapping revealed similar stratigraphic sections to those found in Hercules' successful drill sections. The company has also engaged two marketing firms: Outside The Box Capital Inc. for $287,925 plus 750,000 options, and Plutus Invest and Consulting GmbH for up to €450,000 over 12 months. Additionally, Zeus issued 600,000 options to consultants and an officer at $0.19.

Zeus North America Mining Corp. (CSE:ZEUS)(OTCQB:ZUUZF) has completed its previously announced plan of arrangement with Kelso Mining Inc. on February 5, 2025. The arrangement, which received shareholder approval on December 19, 2024, and court approval on January 7, 2025, involves the following key elements:

- Distribution of 394,621 Kelso shares to Zeus shareholders at a ratio of 1 Spinco Share per 150 Zeus shares held as of January 29, 2025
- Transfer of the Chlore Property in British Columbia to Kelso
- Kelso becoming a reporting issuer in British Columbia, Alberta, and Ontario

Zeus retains its working capital and continues to trade on the Exchange under the symbol ZEUS as a junior exploration company, maintaining its reporting issuer status in British Columbia, Alberta, and Ontario.

Zeus North America Mining Corp (CSE:ZEUS)(OTCQB:ZUUZF) has received approval from the Supreme Court of British Columbia for its plan to spin off the Chlore Property to its wholly-owned subsidiary Kelso Mining. The arrangement, dated August 26, 2024, establishes January 29, 2025, as the share distribution record date.

Under the terms, Zeus shareholders will receive one Kelso share for every 150 Zeus shares owned on the record date. The company plans to complete the arrangement and distribute Kelso shares by February 5, 2025. Zeus option and warrant holders who exercise before the record date will be eligible for the same distribution ratio.

Following the spinoff, shareholders will own shares in two public companies: Zeus, focusing on Idaho properties (Cuddy Mountain, Selway, and Great Western), and Kelso, concentrating on the Chlore Property in North-Central British Columbia.

Zeus North America Mining Corp. (ZUUZF) announced that shareholders have approved the plan of arrangement with its subsidiary Kelso Mining Inc. at the special meeting held on December 19, 2024. The arrangement involves spinning out the Chlore Property in British Columbia to Kelso. 32.25% of common shares (19,093,499) were voted, all in favor.

Under the arrangement, shareholders will receive one Kelso share for every 150 Zeus shares owned on the share distribution record date. Upon completion, shareholders will own shares in both Zeus, focusing on Idaho properties (Cuddy Mountain, Selway, and Great Western), and Kelso, focusing on the Chlore Property. The arrangement requires British Columbia Supreme Court approval, with a hearing scheduled for January 7, 2025.

Zeus North America Mining Corp (CSE:ZEUS, OTCQB:ZUUZF) announces potential delays in the delivery of Special Meeting materials due to the ongoing Canada Post strike. The meeting, scheduled for December 19, 2024, at 11:00 a.m. (Pacific Time) in Vancouver, will address the plan of arrangement announced on August 26, 2024.

Shareholders can access materials through www.sedarplus.com or request them directly from the company. Registered shareholders should contact National Securities Administrators for proxy forms or voting credentials. Proxies must be received by December 17, 2024, at 11 a.m. Pacific Time.

Zeus North America Mining Corp has completed its 2024 exploration program at the Cuddy Mountain Project, expanding its presence by staking 19 additional BLM Lode Claims. The program included comprehensive surveys: a property-wide 3D-DCIP Induced Polarization and Resistivity Survey, Ground Magnetic Survey covering 105 line km, and extensive sampling (799 soil samples and 339 rock grab samples).

Mapping revealed significant geological features including Hercules Rhyolites, 'red conglomerate' marker horizons, and altered Seven Devils Volcanics with copper mineralization. The mapped stratigraphy matches that of Hercules drill sections where Porphyry mineralization was previously intersected. Results from the summer programs are pending.