Santa Fe Metals is pleased to announce further details regarding the proposed $400,000 private placement it previously announced by news release dated October 29. The Company now expects that the Initial Financing will involve the issuance of 16,000,000 units of the Company at a price of $0.025 per Financing Unit, on a pre-Share Consolidation [...]
Santa Fe Metals announces that, subject to the approval of the TSX Venture Exchange, it intends to settle outstanding loans with several individuals totalling approximately $243,859. The Loans will be satisfied by the issuance by the Company of common shares at a deemed issue price of $0.025 per share, on a pre-Share Consolidation (as defined [...]
Santa Fe Metals is pleased to announce that it has signed a letter of intent dated October 29 with Gold Plata Mining International, a company incorporated under the laws of Panama. The LOI sets forth the terms upon which the Company proposes to purchase from Gold Plata 100% of the outstanding shares of La Muriel Mining Corporation, a wholly-owned [...]
Santa Fe Metals wishes to announce that Mr. Jay Sujir has resigned as a director of the Company. Mr. Sujir has been a valuable member of the Board since the Company's inception. The Company would like to thank Mr. Sujir for his services.
Santa Fe Metals is pleased to announce that it has signed a Letter of Intent to option up to 100% of the Preston Property in British Columbia, Canada. The 8,228 hectare Preston property encloses several mineralized outcrops and an extremely high-grade copper lens. This property is favorably located near the port of Campbell River and 100 km north [...]