Aztec Minerals pursuant to its new corporate strategy, is focusing this year on drilling the famous Tombstone silver-gold-zinc-lead-copper district located in southeastern Arizona. Aztec holds an option to acquire a 75% interest in the Tombstone property which includes many of the original patented mining claims in the district. Aztec recently completed a 4 line, 7.1 km AMT geophysical survey over the Tombstone property [...]
Aztec Minerals announces that it has engaged Commodity-TV and Rohstoff-TV for an initial three month period to assist with Aztec's investor relations activities. Pursuant to an agreement dated May 20, 2020, Aztec will pay C&R-TV €9000 plus expenses. C&R-TV is based in Switzerland and will introduce Aztec to its European investor network by recording, translating, broadcasting and disseminating on its digital platforms [...]
Aztec Minerals announces it has arranged an aggregate of CAD$60,000 in loans from two insiders and a strategic investor. Each loan bears interest at a rate of 12% per annum, payable on maturity, and has a term of 6 months, provided that the Company may prepay without penalty. Subject to regulatory approval, a loan bonus totaling 300,000 warrants will be issuable to the lenders, with each warrant being exercisable to [...]
Aztec Minerals provides the following strategic update and outlook for 2020. While exploration has been on hold during the current coronavirus crisis, Aztec has been prepared a new strategic plan to create shareholder value. Aztec holds interests in two highly prospective exploration properties, 65% ownership of the Cervantes porphyry gold-copper project in southeastern Sonora state, Mexico in joint venture with Kootenay [...]
Aztec Minerals announces that it has closed its non-brokered Private Placement financing of Units announced in its news release dated February 21, 2020. The financing included participation by sophisticated investors, shareholders and directors of the Company. No finder's fees were payable with respect to this financing. Aztec issued an aggregate of 8.0 million Units at a purchase price of CAD$0.05 per Unit for gross [...]
Aztec Minerals Board of directors of the Company has approved the repricing of a total of 200,000 stock options of the Company from $0.25 to $0.12 per common share, and a total of 1,950,000 stock options of the Company from $0.35 to $0.105 per common share. The repricing of the Options is subject to the approval of the TSXV. The repricing of the 1,950,000 stock options held by insiders of the Company is also subject to [...]
Aztec Minerals has arranged a CAD$430,000 non-brokered private placement financing with sophisticated investors, shareholders and directors of the Company. No finders fees are payable with respect to this financing. The Company has agreed to issue 8.6 million units at a price of CAD$0.05 per Unit for gross proceeds of CAD$430,000. Each Unit consists of one common share in the capital of the Company and one-half warrant [...]
Aztec Minerals reviews the highlights of its 2019 activities and provides its outlook for 2020. Aztec holds a 65% interest in the Cervantes porphyry gold-copper project in southeastern Sonora state, Mexico in joint venture with Kootenay Silver, and has an option to acquire a 75% interest in the Tombstone epithermal and CRD silver-gold project in southern Arizona from Baroyeca Gold and Silver. Joey Wilkins, President and [...]
Aztec Minerals is pleased to announce that it has applied to the TSX Venture Exchange to extend the term of an aggregate of 2,551,250 common share purchase warrants by one year from October 21, 2019 to October 21, 2020. The Warrants were issued pursuant to a non-brokered private placement that closed on October 21, 2016. Each Warrant entitles the holder to acquire one common share in the capital of the Company at an [...]
Appoints Andy Bowering to Advisory Committee Aztec Minerals Corp. announces that it has completed the terms of its earn-in and has exercised its option to acquire a 65% interest in the Cervantes porphyry gold-copper project in Sonora from Kootenay Silver Inc. Kootenay retains the remaining 35% interest in Cervantes. Aztec and Kootenay expect to finalize the terms of the joint venture agreement shortly, then form a joint [...]
Aztec Minerals announces that it has closed its oversubscribed, non-brokered private placement financing of units of the Company, originally announced in Aztec's news release dated June 11, 2019. The Private Placement included subscriptions from insiders, shareholders of the Company and sophisticated investors. The Company issued an aggregate of 3.9 million Units at a purchase price of CAD$0.12 per Unit for gross proceeds [...]
Aztec Minerals Corp. announces the voting results from its Annual and Special General Meeting held on June 25, 2019 in Vancouver, BC. Shareholders voted in favour of all items of business including the re-election of each director and the ratification of the Company's stock option plan. The number of directors remains fixed at five and Smythe LLP were reappointed as auditors. Following the AGM, Aztec's board of directors [...]
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