Cerro de Pasco Resources Inc.

Cerro de Pasco Resources Inc. in reference to previous Company announcements whereby CDPR will acquire all of the issued shares of Oxidos de Pasco S.A.C., Empresa Administradora de Cerro S.A.C. and Remediadora Ambiental S.A.C. from Volcan Companía Minera SAA, the company is providing the following update. In the process of finalizing the details of the transaction, CDPR and Volcan were unable to reach agreement on certain [...]

Cerro de Pasco Resources Inc. announces that it has completed a convertible debenture financing of $1,000,000. The Debenture is repayable in one year with interest at 10% per year. The Debenture will be used for general working capital and beginning of Quiulacocha Drilling Program. The Loan is convertible, at the option of the lender, into common shares of the Company, at $0.60 per share, which represents a 64% premium [...]

Cerro de Pasco Resources Inc. is providing the following update. 60-day Extension of the Cerro de Pasco Acquisition Agreement CDPR has agreed to extend the acquisition agreement of the Cerro de Pasco Mine, described below, with Volcan Compañia Minera S.A.A. and its subsidiaries until October 30, 2020. The Company's management continues to advance towards a successful closing and has extended the agreement date to enable [...]

Cerro de Pasco Resources closed the final tranche of a non-brokered private placement offering for a gross proceeds of $338,439 and issued 1,128,130 common share units of the Company at a price of at a price of $0.30 per Unit. Under the first, second and third tranches of the Offering, the Company raised aggregate gross proceeds of $ 2,000,0000. Each Unit will consist of one common share of the Company and one common [...]

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 has been approved for admittance by the Peruvian Ministry of Energy and Mines on July 7, 2020. The DIA provides the details and coordinates for the 40-hole drilling program that CDPR intends to carry out on its El Metalurgista Concession located within the [...]

Cerro de Pasco Resources Inc. closed the second tranche of a non-brokered private placement offering for a gross proceeds of $513,611 and issued 1,712,034 common share units of the Company at a price of at a price of $0.30 per Unit. Under the first and second tranches of the Offering, the Company raised aggregate gross proceeds of $1,661,561. Each Unit will consist of one common share of the Company and one common share [...]

Cerro de Pasco Resources Inc. is excited to announce the appointment of Professor Bernhard Dold as Chief Technology Officer of the Company. Dr. Dold has more than 25 years of experience in environmental mine waste management and sustainable mining around the world, with special emphasis on Peru and Chile. He has published over 70 papers, including three highly influential papers on the mine waste of Cerro de Pasco itself [...]

Cerro de Pasco Resources is pleased to provide the following update. CDPR and Volcan Compañia Minera S.A.A. have agreed to extend the closure date of CDPR's acquisition of the Cerro de Pasco Mine, described below, until August 31, 2020. The Company's management continues to advance towards a successful closing. About the Transaction On November 28, 2019, the Company announced the execution of a definitive share purchase [...]

Cerro de Pasco Resources Inc. announces that it is relying on the exemptions provided in Decision 2020-PDG-0034 of the Autorité des marchés financiers and similar exemptions provided by members of the Canadian Securities Administrators in each of the provinces and territories of Canada, to delay the filings of its executive compensation disclosure for the year-ended December 31, 2019 and to delay the requirements to send [...]

Cerro de Pasco Resources Inc. closed the first tranche of a non-brokered private placement offering for a gross proceeds of $1,147,950 and issued 3,826,500 common share units of the Company at a price of at a price of $0.30 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional Share at a price of $0.50 per [...]