TORONTO, Dec. 06, 2017 -- Montero Mining and Exploration Ltd. has received positive mineralogical results from surface samples taken during an initial grab sampling program on its Soris Lithium Project in central Namibia. Results confirm that spodumene is the dominant lithium mineral. Rubidium versus Lithium values obtained from channel samples The mineralogical samples were collected from three main workings from the [...]
TORONTO, Nov. 28, 2017 -- Montero Mining and Exploration Ltd. has received positive lithium assay results from reverse circulation chips from a prior operators RC drill program at the Soris Lithium project. The prior operators RC drill program only assayed for the tantalum, tin and niobium content of the pegmatite and did not assay for lithium. Montero’s initial sampling program of RC chips indicates that the [...]
TORONTO, Nov. 16, 2017 -- Montero Mining and Exploration Ltd. has completed an initial channel sampling program at the Soris Lithium Project in central Namibia which returned an average lithium grade of 0.76% Li2O with values up to 3.66% Li2O from all channel samples. The best result from channel sampling returned 14 metres of 1.93% Li2O. The channel sampling program was designed to test lithium bearing spodumene [...]
TORONTO, Nov. 01, 2017 (GLOBE NEWSWIRE) -- Montero Mining and Exploration Ltd. (TSX-V:MON) (“Montero”) has completed an initial grab sampling program on its Soris Lithium Project in central Namibia. On October 24, 2017, Montero announced entering into a Letter of Intent (LOI) with Frovio Investment, a Namibian company, to acquire up to an 80% interest in its wholly owned Soris Lithium Project in the De Rust [...]
Montero Mining and Exploration has entered into a Letter of Intent with Frovio Investment, a Namibian company, to acquire up to an 80% interest in its wholly owned Soris Lithium Project in the Soris pegmatite field, Namibia. The agreement provides Montero three months to complete legal and technical due diligence to its satisfaction and is also subject to regulatory approval. Under the terms of the LOI, Montero [...]
Montero Mining and Exploration today announced that its Chief Financial Officer has resigned effective October 20, 2017. Montero has appointed Sheri Rempel as an Interim CFO, effective immediately. Ms Antonia Chapman has agreed to assist in a smooth transition and will remain a Director of the Company. Dr. Tony Harwood, President and Chief Executive Officer of Montero commented, “We would like to thank Ms Chapman for her [...]
Montero Mining and Explorationtoday announces implementation of the consolidation of its issued and outstanding common shares on the basis of eight (8) pre-consolidated common shares for (1) post-consolidation common share, consolidating its 84,752,174 currently outstanding common shares to 10,594,019 common shares (the "Share Consolidation"). The Share Consolidation was approved at the annual and special meeting of [...]
TORONTO, ONTARIO--(Marketwired - July 7, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES Montero Mining and Exploration Ltd. (TSX VENTURE:MON) ("Montero" or the "Corporation") confirms that all matters brought before its shareholders were approved at the annual and special meeting of shareholders of the Corporation held on June 30, 2017 (the "Shareholder Meeting"), including the [...]
TORONTO, ONTARIO--(Marketwired - June 13, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES Montero Mining and Exploration Ltd. (TSX VENTURE:MON) ("Montero" or the "Corporation") is pleased to announce that it has completed a non-brokered private placement financing for aggregate gross proceeds of $735,000 (the "Offering"), further to its announcements on May 12, 2017 and June 8 [...]
TORONTO, ONTARIO--(Marketwired - June 8, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER UNITED STATES NEWSWIRE SERVICES Montero Mining and Exploration Ltd. (TSX VENTURE:MON) ("Montero" or the "Corporation") is pleased to announce that, due to increased investor demand, Montero is increasing its previously announced non-brokered private placement (see news release dated May 12, 2017) up to $735,000 from [...]
Montero Mining and Exploration is pleased to announce that it intends to complete a non-brokered private placement of up to 20,000,000 special warrants at a price of $0.025 per Special Warrant for gross proceeds to the Corporation of up to $500,000. Each eight (8) Special Warrants are exercisable into one (1) common share if the Consolidation Condition is satisfied on or before September 30, 2017. The Offering is [...]
Montero Mining and Exploration announces that it has completed its previously-announced debt settlement transaction. Pursuant to the Debt Settlement, the Corporation settled debts of approximately $1,007,475. The Corporation issued 13,720,495 common shares to certain creditors at a deemed issue price of $0.05 per Common Share in settlement of approximately $686,025 in debt, and obtained the release from a further $321,450 [...]
+300,00 %
-43,18 %
