Latin Metals Inc. - announces that it has entered into three amending agreements with Tres Cerros Exploraciones S.R.L. , in which the Company obtained reductions in the required cash payments and issuances of Latin Metals’ common shares, an extension to the payment schedules, and the addition to the property package of a new property Cerro Bay Sur . The Company has relinquished its interest in the Aguila Mora [...]
Latin Metals Inc. - announces that it has entered into an amending agreement with Patagonia Gold Corp. to extend, by six months, the date by which Patagonia must enter into the Definitive Agreement to acquire the Company’s interest in the Mina Angela project located in the Province of Chubut, Argentina . The Definitive Agreement must now be executed by September 12, 2020. The Company previously provided an offer [...]
Latin Metals Inc. - provides an update on the Organullo Property , located in Salta Province, Argentina. The Organullo Property is 100% owned by Latin Metals. Yamana Gold Inc. , through a subsidiary, has been granted an option to acquire an initial 70% interest in the Property . During 2019, Yamana funded an extensive mapping, rock sampling and soil sampling program establishing geochemical anomalies over a strike length [...]
Latin Metals Inc. - announces that it has completed initial exploration at the La Flora and Cerro Bayo gold projects , located in Santa Cruz Province, Argentina. Latin Metals has an option to acquire up to a 100% interest in the La Flora and Cerro Bayo properties by way of staged cash and common share payments, subject to a net smelter returns royalty in favour of the underlying vendor . The Projects form part of a larger [...]
Latin Metals Inc. - announces that it has signed an offer letter with Patagonia Gold Corp. , which provides for a six-month due diligence period for Patagonia and sets out the proposed commercial terms of a definitive option agreement whereby Patagonia will be provided with the option to acquire the Company’s interest in the Mina Angela project located in the Province of Chubut, Argentina. To exercise the Option in [...]
Latin Metals Inc. - announces that it has entered into an amending option agreement whereby the terms of the Company’s option to acquire the Esperanza Property have been renegotiated. Under the terms of the Amended Agreement, the cash payment schedule has been adjusted providing more favourable schedule of option terms for Latin Metals. Total cash payments remain at US$2,306,000, of which US$405,000 has been paid to [...]
Latin Metals Inc. - provides an update on the Organullo Property , located in Salta Province, Argentina. The Organullo Property has been optioned to Yamana Gold Inc. whereby Yamana, through a subsidiary, has been granted an option to acquire an initial 70% interest in the Property . Exploration Work funded 100% by Yamana in Q1 2019 includes detailed geological mapping that is ongoing on Organullo Ridge, and in the [...]
Latin Metals Inc. - announces that it has closed the first tranche of its non-brokered private placement announced on April 30, 2019 . In connection with the closing of the first tranche of the Financing, the Company issued a total of 24,798,000 shares , priced at $0.125 per Unit for gross proceeds of $3,099,750. The Company expects to close the second and final tranche of the Financing in the coming weeks. In connection [...]
Centenera Mining Corp. announces that, further to a news release dated April 30, 2019 and subject to final acceptance by the TSX Venture Exchange, its board of directors has approved the consolidation of its issued and outstanding common shares on the basis of post-Consolidation Share for every four pre-Consolidation Shares. In conjunction with the Consolidation, the Company also announces its intention to change its [...]
Consolidation of Shares 4:1 & Name Change Changes to Board of Directors Provides Strategy Update Centenera Mining Corp. - announces, subject to approval of the TSX Venture Exchange consisting of changes to the board of directors, a consolidation of the Company’s common shares on the basis of one post-consolidation common share for every four pre-consolidation common shares , a name change , and a non-brokered [...]
Withdraws from El Penon Option Agreement Cancels Incentive Stock Options Centenera Mining Corp. - announces that pursuant to previous news releases dated September 5, 2018 and February 11, 2019 , the Company has signed amending agreements to three previously executed option agreements whereby, subject to TSX Venture Exchange approval, Centenera will be granted the right to acquire up to a 100% interest in eight precious [...]
Centenera Mining Corp. - announces that pursuant to a previous news release dated September 5, 2018 , the Company has signed three definitive option agreements whereby, subject to TSX Venture Exchange approval, Centenera will be granted the right to acquire up to a 100% interest in eight precious metals properties from an arm’s length party, Tres Cerros Exploraciones S.R.L . The Properties are all located within the [...]