Coro Mining Corp. announces that, due to the COVID‐19 pandemic, it intends to postpone certain of its continuous disclosure filings and the 2020 Annual Meeting of Shareholders. In connection with the continuous disclosure filings, Coro intends to rely on the extensions granted pursuant BC Instrument 51-515 - Temporary Exemption from Certain Corporate Finance Requirements and BC Instrument 51-516 - Temporary Exemptions [...]
Coro Mining provides an update on the current Cease Trade Order on its shares and actions currently being undertaken to remedy the situation. The Company had been advised that under Ontario Securities Commission Instrument 51-502, released on 23 March 2020, which provided several temporary exemptions under Ontario Securities Law, that it would be temporarily exempted from the regulated timelines concerning the delivery of [...]
Coro Mining Corp. today announced that it has entered into an unsecured working capital facility with its major shareholders, Greenstone Resources II LP , and Tembo Capital Mining Fund II LP , pursuant to which the Lenders have agreed to lend up to US$6.0 million to Coro to fund the Company through these challenging times. The WCF has a 12-month term from the date of closing and bears interest at 12% per annum. Greenstone [...]
Coro Mining Corp. is pleased to release the results of a preliminary scout drilling programme close to its flagship Marimaca Copper Deposit . The programme had the objective of testing several oxide targets within close proximity to both the north and south of the Project area, which have the potential to add near surface tonnes to any future mine plans. Highlights 31 shallow scout reverse circulation drill holes [...]
Coro Mining Corp. is pleased to announce changes to the Company’s Board of Directors including the transition of Mr. Colin Kinley from Non-Executive Chairman to a Non-Executive Director role and the appointment of Mr. Michael Haworth as the Company’s Executive Chairman, reflecting the increasing time commitment expected of the role as the Company advances the development of its Marimaca project. The board [...]
Coro Mining is pleased to announce an increase in Measured & Indicated and Inferred Mineral Resources at its Marimaca project, establishing Marimaca as one of the largest copper oxide discoveries in northern Chile for over a decade. Marimaca’s location is ideal. It is at low altitude in Chile’s Coastal Copper Belt, 25km east of the port of Mejillones and 45km north of Antofagasta, with ready access to a [...]
Coro Mining Corp. announces that, as a result of a review by staff of the Ontario Securities Commission, it wishes to clarify the nature of certain reports and documents that were posted on or linked from the Company’s website between May 5, 2019 and September 20, 2019. During this period, the Company made available on its website analyst notes and research reports that were prepared by third party advisors to the [...]
Coro Mining Corp. is pleased to provide an update of its Phase II drilling program at the Marimaca Project in the Antofagasta Region of Chile which was aimed at expanding the known resources. An updated resource estimate is scheduled to be released in October, and with Coro’s newly consolidated 100% ownership of the entire project, a Preliminary Economic Assessment based on this new resource will commence [...]
Coro Mining Corp. is pleased to announce that it has completed its previously announced non-brokered private placement of an aggregate of 145,863,926 common shares of the Company at a price of C$0.115 per share , for total proceeds of C$16,774,351 . The Company’s two largest shareholders, Greenstone Resources LP and associated entities and Ndovu Capital XIV B.V. were the sole subscribers under the Placement. The [...]
Coro Mining Corp. is pleased to announce a transaction whereby Coro will acquire from local family owners the remaining 49% interest in the Marimaca 1-23 claim it does not currently own . The Marimaca 1-23 claim is the central area of the concession package that together comprises the Marimaca Project. Upon the completion of the Transaction, the Company will have 100% control over the claims comprising the entire Marimaca [...]
Coro Mining Corp. is pleased to provide an update for the Marimaca Project in the Antofagasta Region of Chile. Results have now been received from 40 RC holes for a total 9,950 metres in and around the Tarso area. The drill results confirm the extension of mineralization from Atahualpa towards the north-east with the Tarso holes also delineating the edge of mineralization. These results mark the completion of the Phase II [...]
Coro Mining Corp. is pleased to report that all of its incumbent directors were re-elected at its annual general and special meeting of shareholders held in Vancouver, British Columbia, on Thursday, June 20, 2019 . Below are the detailed results of the votes received by proxy and voted at the Meeting on the election of the Company’s directors. FOR WITHHELD Luis A. Tondo 99.98% 0.02% Alan J. Stephens 92.51% 7.49 [...]
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