Cerro de Pasco Resources announced that it has entered into a share purchase agreement with FIC03 Fondo de Inversión Privado. FIC specializes in managing alternative and distressed investments across various industries. Under the Agreement, the Company has agreed to sell its Santander Mine in Peru to FIC03. Guy Goulet, CEO, commented, "The sale of the Santander Mine aligns with our strategy to focus on reducing corporate [...]
Cerro de Pasco Resources is pleased to inform that it has received the required authorization for the Initiation of Exploration Activities from the Peruvian Ministry of Energy and Mines. This represents the first-ever such authorization to be granted in Peru for a new mining exploration project within a tailings storage facility. Accordingly, the Company is now installing its first drill rig to begin its Phase I drilling [...]
Cerro de Pasco Resources is pleased to confirm that further to the management cease trade order granted by its principal regulator, the Autorité des marchés financiers on July 30, 2024, it has completed on August 12, 2024 the filing of its audited consolidated financial statements, its management's discussion and analysis and related officer certifications for the financial year ended March 31, 2024 under its SEDAR [...]
Cerro de Pasco Resources announces that it has applied to the Autorité des marchés financiers, as the principal regulator of the Company, and expects to be granted a management cease trade order on July 29, 2024, pursuant to Policy Statement 12-203 Respecting Management Cease Trade Orders. Under the MCTO, the Company's CEO, CFO and directors may not trade in securities of the Company until such time as the Company files [...]
Cerro de Pasco Resources is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000. CDPR issued 32,980,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Common Share purchase warrant. Each Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common [...]
Cerro de Pasco Resources is pleased to announce the closing of its previously announced non-brokered private placement, for total aggregate gross proceeds of $3,298,000. CDPR issued 32,980,000 units of the Corporation at a price of $0.10 per Unit, each consisting of one common share and one Common Share purchase warrant. Each Warrant entitles its holder to purchase one Common Share at an exercise price of $0.15 per Common [...]
Cerro de Pasco Resources is pleased to inform that, following the publication of the Supreme Resolution on May 24, 2024, which granted CDPR the landmark Legal Easement, the Company has now completed the formalities related to the administrative procedure and is on track to start drilling in the coming weeks. Formalities have included the payment of approximately US$ 1 million into the Peruvian National Bank on May 29 [...]
Cerro De Pasco Resources CEO Guy Goulet joined Steve Darling from Proactive to share significant news about the company's progress. Cerro De Pasco Resources has been granted a long-awaited Land Easement via Supreme Resolution, which provides access to the surface areas corresponding to its wholly owned El Metalurgista Concession and Quiulacocha Tailings Project. This easement marks a major milestone for the company as it [...]
Cerro de Pasco Resources is delighted to confirm that the Company has been granted a long awaited Land Easement via Supreme Resolution , providing access to the surface areas corresponding to its wholly owned El Metalurgista Concession and Quiulacocha Tailings Project, where the Company will perform its exploration drilling campaign, marking a major milestone for the Company. The Resolution, which overrides deadlock with [...]
Cerro de Pasco Resources is providing the following update. Easement Update CDPR is the titleholder of the concession located in Peru called "El Metalurgista", which grants it the right to explore and exploit the Quiulacocha Tailings located within its assigned area. The Mining Bureau of the Ministry of Energy and Mines has confirmed the enforceability of these rights. As the date hereof, CDPR has successfully completed [...]
Cerro de Pasco Resources is pleased to announce that further to its news release of March 22, 2024, it has closed a second tranche of its previously announced non-brokered private placement offering of subscription receipts to cover the fee payable in relation to the Legal Easement. Upon publication of the Supreme Resolution granting the Easement, CDPR will pay SOL 3,647,402.44 or approximately CAD 1,350,000 to a specific [...]
Cerro de Pasco Resources Inc. is pleased to announce that it has secured the funds to cover the fee payable in relation to the Legal Easement. Upon publication of the Supreme Resolution granting the Easement, CDPR will pay SOL 3,647,402.44 or approximately CAD 1,350,000 to a specific bank account of Banco de la Nacion. The two-year Easement will provide CDPR with access to the surface areas corresponding to its El [...]
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