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EPM Mining Ventures, Inc.(fka EPMMF)

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Last Post: 10/14/2015 3:16:34 PM - Followers: 1 - Board type: Free - Posts Today: 0



EPM Mining Ventures Inc. is an exploration-stage pre-revenue potash development company. Controlling
over 124,000 acres on the Sevier Lake in Millard County, Utah, EPM Mining Ventures expects to develop
a world-class mining site. The project intends to produce sulfate of potash (K2S04)and other
beneficial minerals using an environmentally-friendly solar evaporation process.



2150 South 1300 East
Suite 350
Salt Lake City, UT 84106

Website: http://www.epmmining.com
Phone: 801-485-0223
Email: info@epmminingventures.com

EPMMF

EPM Mining Ventures, Inc.


PAL: Merriman Capital, Inc.

 
  OTCQX International

EPM Mining Ventures Inc (TSXV: EPK.V; OTCQX: EPMMF )


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What is Potash?

Potash is fertilizer primarily found in two forms: muriate of potash (KCl) and sulfate of potash (K2SO4). Both forms provide potassium (K), a necessary nutrient for plant and animal life with no known substitute. About 90% of all potash produced is used as fertilizer with the last 10% being used in the chemical industry.

For many applications, such as most fruits and vegetables, sulfate of potash is the preferred product. There are only four known places on earth where this form of the nutrient is found naturally: at the Great Salt Lake; on the Atacama desert in South America; at the Luobupo project in Xinjiang, China; and at the Sevier Lake in Utah, where EPM Mining Ventures is at work.

Potash demand is expected to increase substantially over the coming years driven by increasing population, reduced arable land, improving diets, and an increased interest in organic and environmentally friendly food and bio-fuels production.

Products

EPM Mining Ventures plans to produce a suite of useful and necessary products from the brines found at Sevier Lake. Using an environmentally friendly, solar evaporation process, the company will only need to add fresh water and some heat to produce a fertilizer expected to be certified as organic. Other products may include sodium chloride (also known as table salt or road salt); magnesium sulfate (used in agriculture, gardening, and bath salts); and magnesium chloride (used in medicine and for dust control).

Additional research may lead to the development of other benefical chemicals and nutrients from the brines at the Sevier Lake project. 

Product Chemical Composition Primary Uses
Sulfate of Potash K2SO4 Used primarily as fertilizer for high-value crops.
Sodium Chloride NaCl Used as table salt or road salt.
Sulfate of Potash Magnesia 2MgSO4 • K2SO4 Used primarily as fertilizer
Magnesium Sulfate MgSO4 Used in agriculture, gardening, and bath salts
Magnesium Chloride MgCl Used in medicine, ointments, and for dust control


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Company History

In the 1970's, a Utah geologist, Murray Godbe, began the first known systematic study of the Sevier Lake with the intention to produce valuable minerals. Godbe and his team found indications of a vast pool of brine containing potassium and other important minerals.

Supported by a Texas financier, W. D. Hayden, Godbe leased the majority of the dry lake's surface securing land from the BLM as well as from SITLA, a Utah state land agency. The team drilled hundreds of wells taking brine samples across the vast lake surface and from many depths.

After several years of study, and shortly before the project was set to enter full development and production, W. D. Hayden suddenly died. Not long afterward, Murray Godbe died. The heirs briefly tried to market the project but ultimately gave up. After a period, the leases returned to their respective government agencies.

In 2008, Emerald Peak Minerals LLC formed to resurrect the project. After securing SITLA leases from the State of Utah, Emerald Peak Minerals partnered with EPM Mining Ventures Inc. to secure the financing necessary to obtain the federal leases from the Bureau of Land Management. EPM Mining raised about $30 million dollars (CAD$) and won the federal acreage needed to define the project. Through subsequent negotiations, EPM Mining increased its holdings. Today, it directly controls about 95,000 acres through its wholly-owned US subsidiary Peak Minerals Inc. and has agreements to operate more than 28,000 additional contiguous acres.

On November 20, 2012, EPM Mining Ventures Inc. announced the filing on SEDAR of a National Instrument 43-101 technical report entitled "NI 43-101 Technical Report Preliminary Economic Assessment EPM Mining Ventures Inc. Sevier Dry Lake, Utah, United States" (the "Technical Report"), dated effective November 16, 2012 by Barry W. Schmitke, P.Eng, Dennis Storer, P.Eng, and Kyle Krushelniski, P.Eng, of March Consulting Associates Inc. in association with Lawrence Henchel, PG, of Norwest Corporation.

The Technical Report outlines the results of the Preliminary Economic Assessment ("PEA") for the production of Sulfate of Potash on EPM's Sevier Dry Lake Potash project located in southwestern Utah. EPM first reported the economic results of the PEA in a press release dated October 15, 2012.

The Technical Report is available on EPM's SEDAR profile at www.sedar.com as well as on this website under the 'Technical Reports' link on our 'Investors' tab.


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Investor Information

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Share Structure

Common Shares: 113,225,889
Escrowed: 20,732,832
Unexercised Warrants: 1,428,420
Unexercised Stock Options: 2,195,947
Fully Diluted Share Capital: 116,850,256


EPMMF Security Details
Share Structure
Market Value1 $44,950,678 a/o Jan 10, 2013
Shares Outstanding 113,225,889 a/o Oct 31, 2012
Float 113,225,889 a/o Nov 27, 2012
Authorized Shares Unlimited a/o Dec 04, 2012
Par Value No Par Value
Shareholders
Shareholders of Record Not Available
Non US Stock Exchange Listing
EPK - TSX Venture Exchange - Qualified
Short Selling Data
Short Interest (%)
Significant Failures to Deliver No
Transfer Agent(s)
Equity Financial Trust Co


PostSubject
#11   EPMMF: CUSIP suspended. FINRA deleted symbol. Renee 10/14/15 03:16:34 PM
#10   investorshub.advfn.com/EPKMF-EPM-Mining-Ventures-Inc-EPKMF-26108/ [tag Anty_Jr 01/22/13 06:17:56 AM
#9   Change Symbol (TSXV: EPK) (OTCQX: EPKMF) Anty_Jr 01/18/13 09:14:57 AM
#8   EPM Mining Ventures Inc. announces agreement with Parthenon Anty_Jr 01/14/13 07:12:32 AM
#7   Mon Jan 7 to Fri Jan 11 up 33.33% Anty_Jr 01/12/13 12:01:29 PM
#6   finance.yahoo.com/news/epm-mining-ventures-inc-announces-120000557.html EPM Mining Anty_Jr 01/05/13 02:13:51 PM
#5   EPM Mining announces agreement to produce Preliminary Feasibility Anty_Jr 01/03/13 07:55:05 AM
#4   MERRIMAN CAPITAL ANNOUNCES SPONSORSHIP OF EPM MINING VENTURES Anty_Jr 12/29/12 11:36:05 AM
#3   Just found this one,what can u tell me masson 12/29/12 05:55:35 AM
#2   .20 by .80 spread...large IPO$ 12/27/12 02:40:26 PM
#1   ElliottFoxcroft deal IPO$ 12/27/12 12:32:10 PM
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