Montero Mining and Exploration Ltd.

May 15, 2018 -- Montero Mining and Exploration Ltd. has appointed Jamie Levy to the Corporation's Board of Directors and granted incentive stock options to the Board of Directors, Management and consultants. Jamie Levy has over 10 years of experience in the mining industry and an exceptional track record for raising capital and managing listed Canadian companies. Most recently, Jamie was the President and CEO of Pine [...]

TORONTO, April 27, 2018 -- Montero Mining and Exploration Ltd. is pleased to announce that, further to its news releases dated February 5, 2018 and April 10, 2018, it has completed a non-brokered private placement of 3,440,849 units at a price of $0.24 per Unit, for gross proceeds of approximately $825,803. Montero intends to use the net proceeds from the Offering for mineral exploration and working capital purposes. Each [...]

TORONTO, April 10, 2018 -- Montero Mining and Exploration Ltd. announced today that it has repriced its non-brokered private placement of up to $1,120,000 originally announced on February 5, 2018 . The private placement will now consist of up to 4,666,666 units at a price of $0.24 per Unit, for gross proceeds of approximately $1,120,000. The final closing date, subject to the approval by the TSX Venture , will be on or [...]

Not for Dissemination in the United States or over United States Newswire Services TORONTO, March 13, 2018 -- Montero Mining and Exploration Ltd. announces that it is extending the final closing date of its non-brokered private placement offering previously announced on February 5, 2018. The new final closing date, subject to the approval by the TSX Venture , will be on or around April 16, 2018. As announced on February [...]

TORONTO, March 06, 2018 -- Montero Mining and Exploration Ltd. has entered into a binding Heads of Agreement with Namib Base Minerals CC and Namibia Silica CC to acquire a 95% interest in the Uis Lithium-Tin Tailings Project in Namibia. The agreement provides Montero two months to complete legal and technical due diligence to its satisfaction and is also subject to regulatory approval. Under the terms of the HOA, Montero [...]

TORONTO, March 05, 2018 -- Montero Mining and Exploration Ltd. has entered into a Letter of Intent with Mr Esegiel Xamseb, a Namibian national, to acquire an 80% interest in the wholly-owned Exclusive Prospecting License 6162 for exploration of lithium, base, rare and precious metals in the Omaruru lineament hosted Lithium-Cesium-Tantalum Type pegmatites. The agreement provides Montero three months to complete legal and [...]

TORONTO, Feb. 05, 2018 -- Montero Mining and Exploration Ltd. is pleased to announce that it intends to complete a non-brokered private placement of up to 4,000,000 units at a price of $0.28 per Unit, for gross proceeds of approximately $1,120,000 . Closing of the Offering is expected to occur on or about February 28, 2018. Each Unit will consist of one common share and one half of one common share purchase warrant . Each [...]

TORONTO, Jan. 09, 2018 -- Montero Mining and Exploration Ltd. has completed assaying for lithium of all of the available reverse circulation chips from a historical RC drill program conducted at the Soris Lithium project. The prior operator did not assay for lithium. The results have been assessed and positive lithium values from inclined and vertical drill holes have been returned from the spodumene pegmatite intercepts [...]

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 [...]