Xiana Mining Inc. reports that further to the Company's news release of March 8, 2021, we advise that the transfer of all its interest in Minera Altos de Punitaqui to Battery Mineral Resources Corp., following the exercise by BMR of the call option pursuant to which BMR has converted its leasehold interest into a direct ownership interest, for no additional consideration . As of the date of this news release the transfer [...]
Xiana Mining Inc. reports that it has entered into a shares for debt arrangement with an insider and related family members, in which the Company has agreed to issue a total of up to 12,200,000 common shares to settle approximately CAD $1.3 million in shareholder loans owing by the Company to such insider at a deemed price of $0.11 per share. Satisfying this outstanding indebtedness with shares is being undertaken in [...]
Xiana Mining Inc. is pleased to announce operating results for the full year ended December 31, 2019. The results cover the full year 2019 operational results for Minera Altos de Punitaqui. Xiana completed the acquisition of MAP in November 2018 and the FY 2019 results present the first full year of ownership by Xiana. Production for FY 2019 totalled 13.12 mlbs of copper in concentrate vs full year 2018 of . Average C1 [...]
Xiana Mining Inc. is pleased to announce operating results for the period ended September 30, 2019. The results cover the third fiscal quarter and year to date operational results for Minera Altos de Punitaqui. Xiana completed the acquisition of MAP in November 2018. Production for Q3-2019 totalled 3.41 mlbs and for YTD-2019 totalled 10.43 mlbs of copper in concentrate. Average C1 Cash Costs for Q3 2019 were US$2.35/lb [...]
Xiana Mining Inc. is pleased to announce an exploration success at the San Andres production development tunnel at Minera Altos de Punitaqui . The 4.5-metre by 4.5-metre development tunnel at our San Andres project intersected well mineralised copper sulphide mineralisation after 324 metres of ramp development. Continuation of this ramp to the south and to depth will generate sulphide feed material that can be directly [...]
Xiana Mining Inc. is pleased to announce operating results for the period ended 30 June 2019. The results cover the second complete fiscal quarter of operational results for Minera Altos De Punitaqui . Xiana completed the acquisition of MAP in November 2018. Production for Q2 2019 totalled 3.86 mlbs of copper in concentrate . Total production for Q2 2019 was +21.9% vs Q1 2019 and +34.6% vs the same period under previous [...]
Xiana Mining Inc. announces a proposed amendment to its existing secured convertible loan facility with Bluequest Sourcing AG . The Current Bluequest Loan is for the principal amount of up to US$9 million, representing up to US$7 million cash plus capitalized interest is evidenced by a loan agreement entered into on October 24, 2018 . Bluequest has agreed to amend the terms of the Current Bluequest Loan Agreement to [...]
Xiana Mining Inc. is pleased to announce operating results for the period ended 31 March 2019. Xiana completed the acquisition of Minera Altos de Punitaqui on 13 November 2018. The results cover the first complete fiscal quarter of operational results for MAP under the Company's control. Production for Q1 2019 totalled 3.16 mlbs of copper in concentrate . Total production for Q1 2019 was up 5.9% vs the same period under [...]
Xiana Mining Inc. is pleased to welcome Rita Adiani as Executive Vice President, Head of Business Development for Xiana. Carlos Ballon, Chairman & CEO commented: "We are delighted to welcome Rita to the team. Rita joins us from NRG Capital Partners where she is a Managing Director and was intimately involved with Xiana's acquisition of Minera Altos De Punitaqui from Glencore plc She has significant financing, business [...]
BAAR, Bluequest Sourcing AG , a 100% subsidiary of Bluequest Resources AG, has advanced Xiana Mining Inc. a secured convertible loan facility in the principal amount of up to US$9 million, representing up to US$7 million cash drawings plus capitalized interest. The proceeds of the loan were used to support Xiana's acquisition of Minera Altos De Punitaqui from Glencore plc Xiana's acquisition of MAP closed on 13 November [...]
On November 13, 2018, Xiana Mining Inc. is pleased to announce the completion of its previously announced acquisition of Minera Altos De Punitaqui from Glencore. MAP is a 3,600 tonne per day operating mining camp in Chile. In addition, the Company also completed its previously announced concurrent financing for gross proceeds of approximately C$11 million. Carlos Ballon, Chairman & CEO commented: "We are delighted to be [...]
Xiana Mining is issuing a correction to its previously disseminated news release from earlier today. The correction includes the date of when the term of the Santa Ines Assignment shall commence on, which falls on May 29, 2018, previously not stated. Revised news release reads as follows:
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