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ACDC acquires Lordsburg Property in New Mexico from Pyramid Peak Mining

American Copper Development Corporation completed its acquisition of mineral property interests located in the State of New Mexico (the "Lordsburg Property") from Pyramid Peak Mining, LLC.

Upon closing of the transaction, Daniel Schieber, Curt Freeman and Rick Van Nieuwenhuyse were appointed to the board of directors of ACDC, with Mr. Van Nieuwenhuyse acting as chairman of the board and Mr. Schieber acting as chief executive officer.

ACDC is engaged in the business of mineral exploration and the acquisition of mineral property assets. Its objective is to locate and develop economic precious and base metal properties of merit and to conduct its exploration program on the Lordsburg Property and the Chuchi South Property.

Company

American Copper Development Corporation

Law Firm / Organization
DLA Piper

Company

Pyramid Peak Mining, LLC

Law Firm / Organization
Not specified
Merger & Acquisition
Mining
Undisclosed/Confidential
Closed
09 August 2022