On September 23, 2010, we completed our previously announced merger (the “Merger”) with Maple Carpenter Creek Holdings, Inc. (“MCCH”). Pursuant to the Merger, our subsidiary merged into MCCH and the shareholders of MCCH received 65,000,000 shares of our common stock and an additional 15,000,000 shares of common stock that will vest on certain milestones.
MCCH has invested approximately $10 million in the acquisition of the following coal interests:
· Carpenter Creek, Montana: an 80% interest in the Carpenter Creek coal prospect near Mellstone, Montana and two leases, the Mattfield and Janich leases on two ranches near Round Up, Montana. - MCCH controls the surface rights covering a resource potential of 345 million tons; and the mineral rights for a resource potential of over 83 million tons of coal.
· Snider Ranch, Montana: an 80% interest in an option to acquire the Snider Ranch real estate and coal prospect adjacent to the Signal Peak Mine, near Roundup, Montana. MCCH controls the surface rights covering a resource potential of over 43 million tons of coal at the Snider Ranch.
· Armadillo Group Holdings Corp: an approximately 72% ownership of Armadillo Mining Corp. ("AMC") in Colombia. AMC has exclusive options to acquire two metallurgical coal mines in the Cundinamarca province of Colombia: (i) Caparrapi is a permitted mine with minimum production and with a resource potential of 11 million metric tonnes; (ii) Yacopi which may have a resource potential of up 40 million metric tonnes.
Recent MMEX News
- Form 8-K - Current report • Edgar (US Regulatory) • 02/05/2024 09:51:51 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 01/08/2024 02:30:21 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 01/03/2024 01:18:51 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 12/14/2023 03:11:12 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/06/2023 04:48:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/14/2023 06:42:49 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/11/2023 08:50:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 01:30:20 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/17/2023 08:55:16 PM
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