Maxam Gold Corp. (MXAM/MXAM.PK) Wrap Up:

Maxam Gold Corporation engages in the acquisition, exploration, mining, and milling of gold, and other precious and non-precious metals. Its principal property, Peoria Seven mine, which is located south of Gila Bend, Arizona, holds 640 acres of the company’s claims. Maxam was founded by Dale L. Runyon in 1974. The company was formerly known as State Cycle and changed its name to Universal AMC, Inc. in 1975; to Caption Industries, Inc. in 1983; to Madonna Mining Co., Inc. in 1984; to Maxam International Corp. in 1985; and to Maxam Gold Corporation in 1995. Maxam is headquartered in East Peoria, Illinois.