Montan Mining is pleased to announce that it has arranged a private placement financing of up to 12,727,273 units at a price of $0.055 per unit for total gross proceeds of up to $700,000. Each unit consists of one common share and a half warrant, with each whole warrant exercisable into one additional common share at $0.10 per share for two (2) years after the closing date. The financing is subject to acceptance by the [...]
Montan Mining is pleased to announce that that it has entered into a binding term sheet with Cartesian Royalty Holdings Pte. for a financing package of up to USD $10 million to fund the acquisition of Kairos Capital Peru S.A.C. and M&S Transportes y Servicios Generales S.R.L, including the Mirador processing plant, as announced on February 16, 2017; and to bring Montan's 100%-owned Cerro Dorado gold processing plant into [...]
Montan Mining is pleased to announce that it has completed its previously announced $500,000 non-brokered private placement financing. The Financing consisted of 9,094,970 units at $0.055 per unit for total gross proceeds of $500,223. Each unit consists of one common share and a half share purchase warrant, with each warrant exercisable into one addition...
Montan Mining is pleased to announce that it has arranged a private placement financing of up to 9,090,909 units at a price of $0.055 per unit for total gross proceeds of up to $500,000. Each unit consists of one common share and a half warrant, with each whole warrant exercisable into one additional common share at $0.10 per share for two (2) years after the closing date. The financing is subject to acceptance by the TSX [...]
Montan Mining is pleased to announce the signing of a Term Sheet with Pacific Alliance Capital Group for the purchase, by Montan, of the Peruvian companies Kairos Capital Peru S.A.C and M&S Transportes y Servicios Generales S.R.L from Pacific Alliance. The key assets held by the companies under acquisition include the 100% owned 125TPD Mirador Processing Plant located in Chimbote, Peru and six (6) 100% owned mineral [...]
Montan proceeding with operational transition of Cerro Dorado mill project and is undertaking sampling program on exposed veins at Rey Salomon mine. Montan has expanded effective permitted capacity of Cerro Dorado plant to 125 TPD inlcuding a proposed new 60 TPD flotation circuit. Montan's VP, Operations Jose Luis Garcia designated General Manager nomimee of Cerro Dorado S.A.C. bringing an experienced GM to Cerro Dorado [...]
Montan Mining is pleased to announce that it has closed the transaction to acquire 100% of Cerro Dorado from Chazel Capital Inc. Please refer to Montan's press release dated December 15, 2016 for details on the terms of the acquisition. "The closing of the Cerro Dorado acquisition is a transformative milestone for Montan Mining as we are now the sole owners of the only permited mineral processing plant in the prolific [...]
Montan Mining is pleased to announce that it has completed the third and final tranche of its previously announced $1,000,000 non-brokered private placement financing. The third tranche of the Financing consisted of 3,100,000 units at $0.05 per unit for total gross proceeds of $155,000. Each unit consists of one common share and one transferable share purchase warrant, with each warrant exercisable into one additional [...]
Montan Mining is pleased to announce that it has signed a Definitive Share Exchange Agreement with Chazel Capital to acquire 100% of Cerro Dorado. The transaction is expected to close in January, 2017. Cerro Dorado holds an option and permits to operate the Rey Salomon gold mine with 2 km of underground development, 32 identified veins, and a 60 tonnes per day capacity carbon-in-pulp processing plant currently permitted [...]
Montan Mining is pleased to announce that further to its news releases dated October 19, 2016 and November 1, 2016 it has over-subscribed the non-brokered private placement announced on October 19, 2016 and is increasing it up to twenty (20) million units at a price of $0.05 per unit for total gross proceeds of up to $1,000,000. Each unit consists of one common share and one transferable share purchase warrant, with each [...]
Montan Mining is pleased to announce that further to its news releases dated July 14, 2016 and August 23, 2016 it has signed a Binding Letter of Intent with Chazel Capital to acquire 100% of Cerro Dorado. The transaction is expected to close by November 30, 2016. Cerro Dorado holds an option and permits to operate the Rey Salomon gold mine with 2km of underground development, 32 identified veins, and a 60 tonnes per day [...]
Montan Mining is pleased to announce that it has arranged a private placement financing of up to 12,000,000 units at a price of $0.05 per unit for total gross proceeds of up to $600,000. Each unit consists of one common share and one transferable share purchase warrant, each warrant exercisable into one additional common share at $0.10 per share for five (5) years after the closing date. The financing is subject to [...]
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