Cerro de Pasco Resources Inc. announces a correction to its press release titled "Cerro de Pasco Resource to Acquire Trevali's Santander Mine" disseminated on November 8, 2021 at 7:01 a.m. . The Initial Press Release incorrectly described conditions subject to which 10 million shares of CDPR will be issued as consideration under the share purchase agreement entered into with Trevali Mining Corporation . The Initial Press [...]
Cerro de Pasco Resources Inc. is very pleased to announce that the Company has entered into a share purchase agreement with Trevali Mining, pursuant to which it will acquire Trevali's Santander Mine, located approximately 215 kilometres northeast of Lima, Peru and comprising an underground mine, a 2,000-tonne-per-day processing mill, a conventional sulphide flotation mill, and associated infrastructure. The Santander Mine [...]
Cerro de Pasco Resources Inc. reports that an environmental impact declaration for the Quiulacocha tailings deposit located in the Simon Bolivar District of Pasco, Peru was approved through resolution RD N° 157 - 2021/MINEM-DGAAM by the Peruvian Ministry of Energy and Mines on August 3, 2021. In addition to the environmental permit, CDPR also recently obtained the technical approval of the National Water Authority through [...]
Cerro de Pasco Resources Inc. announces that it has entered into an amended and restated agreement to increase the capital amount under an existing convertible loan financing from $1,000,000 to $1,500,000 . For details regarding the Original Loan, please refer to the press release of the Company dated October 16, 2020. The Loan is repayable in one year with interest at 10% per year. The Loan will be used for general [...]
Cerro de Pasco Resources Inc. is pleased to announce that, further to its news release of April 7, 2021 April 8, 2021 and April 27, 2021, the Company has closed the final and oversubscribed tranche of the non-brokered private placement. In connection with the closing of the final tranche, the Company issued 2,064,429 Units at $0.35 per Unit for gross proceeds of $722,550. Under the different tranches of the Offering, the [...]
Cerro de Pasco Resources Inc. is pleased to announce that it has closed a second tranche of its previously announced non-brokered private placement offering. In connection with the closing of the initial tranche, the Company issued 3,022,128 units at a price of $0.35 per Unit for gross proceeds of $1,057,745. Each unit consists of one common share of the Company and one-half of one common share purchase warrant . Each [...]
Cerro de Pasco Resources Inc. is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company. DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies in the United States. CDPR's common shares are now fully DTC eligible and will continue to trade under the ticker [...]
Cerro de Pasco Resources Inc. is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement offering. In connection with the closing of the initial tranche, the Company issued 3,395,000 units at a price of $0.35 per Unit for gross proceeds of $1,188,250. Each Unit consist of one common share of the Company and one-half of one common share purchase warrant . Each [...]
Cerro de Pasco Resources Inc. is pleased to announce its intention to complete a $2,500,000 non-brokered private placement offering issuing up to 7,142,857 units of the Corporation, each Unit consisting of one common share and one-half of one Share purchase warrant, at a price of $0.35 per Unit. Each Warrant will entitle its holder to purchase one additional Share at a price of $0.50 per Share for a period of 24 months [...]
Cerro de Pasco Resources Inc. is pleased to announce the filing of a NI 43-101 Technical Report under the Company's profile on SEDAR at www.sedar.com with the results of a maiden Mineral Resource estimate for the Excelsior Stockpile in Cerro de Pasco, Peru. The Mineral Resource estimate was prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources and [...]
Cerro de Pasco Resources Inc. is pleased to announce the results of a maiden Mineral Resource estimate for the Excelsior Stockpile in Cerro de Pasco, Peru, prepared in accordance with Canadian Institute of Mining, Metallurgy and Petroleum Definition Standards for Mineral Resources and Mineral Reserves, adopted by the CIM Council on May 10, 2014. The Excelsior Stockpile covers a surface area of 67.92 ha and contains [...]
Cerro de Pasco Resources Inc. provides the following corporate update. On November 27, 2019, the Company entered into a definitive share purchase with Volcan Compañia Minera S.A.A. and its subsidiaries, whereby CDPR will acquire all the issued shares of Oxidos de Pasco S.A.C., Empresa Administradora de Cerro S.A.C and Remediadora Ambiental S.A.C. The arm's length transaction will provide CDPR ownership and operation of [...]