Monterey Minerals Inc. announces a non-brokered private placement of up to 10,000,000 units at a price of $0.08 per Unit for a gross proceeds of up to $800,000 . Each Unit will consist of one common share and one half of a non-transferrable common share purchase warrant . Each Warrant will entitle the holder to purchase one additional common share at a price of $0.15 for a period of eighteen months from date of the issue [...]
Monterey Minerals Inc. is pleased to announce the appointment of David Lees to the Company’s Board of Directors. Mr. Lees has over 20 years’ experience in the financial services industry, beginning his career as a stockbroker before moving into investment and funds management, with a primary focus on natural resources. These roles have given Mr. Lees extensive experience with capital raising, business [...]
Monterey Minerals Inc. is pleased to report on results from the 2019 soil sampling, prospecting and mapping program recently completed on the Company’s Cobalt Mountain Property located near Smithers British Columbia. The Company announced that the program was underway on October 8, 2019. President and CEO, James Macintosh stated: “Building on previous work, crews were able to define multiple soil anomalies for [...]
Monterey Minerals Inc. is pleased to report on the 2019 exploration program underway on the Company’s Cobalt Mountain Property in British Columbia, Canada. President and CEO, James Macintosh stated: “Crews have recently undertaken a field program of geological mapping, prospecting and soil sampling with results expected soon. The program was designed to expand on work completed by previous operators and to [...]
Monterey Minerals Inc. announces the final closing of its previously announced non-brokered private placement of up to $600,000, consisting of $500,000 of common share units and $100,000 of flow-through share units . The final closing consisted of $92,300 common share units priced at $0.05 per unit, as the balance of the Financing closed on August 21, 2019. Each Unit consists of one common share and one-quarter of a [...]
Monterey Minerals Inc. announces that is has upsized its non-flow-through private placement from previously announced $300,000 to $500,000. The Company also announced the closing of a first tranche totaling $407,380 of non-flow-through units and the full $100,000 of flow-through units. The first tranche closing consisted of flow-through units and non-flow-through units both priced at $0.05 per unit. Each FT Unit consists [...]
Monterey Minerals Inc. announces a non-brokered private placement of up to $300,000 of non flow-through units and up to $100,000 in flow-through units. . The offering will consist of flow-through units and non-flow-through units both priced at $0.05 per unit. Each FT Unit will consist of one common share which is a “flow-through” share for Canadian income tax purposes and one-quarter share purchase warrant [...]
Monterey Minerals Inc. is pleased to announce that it has completed the purchase of Gold River Resources Pty Ltd. . Monterey previously announced that it would issue 11 million common shares for all of the shares of Gold River, which owns six tenements encompassing over 323 square kilometres in the Pilbara region of Western Australia. President and CEO, James Macintosh stated, “Our 992 sq. km tenement portfolio is [...]
Monterey Minerals Inc. is pleased to announce that it has signed a Letter of Intent to purchase Gold River Resources Pty Ltd. of Perth, Australia. Gold River Resources owns six highly prospective tenements in the Pilbara Basin covering 322 square kilometres . As outlined in the LOI, the Company will buy all the shares of Gold River Resources for 11,000,000 common shares of Monterey. The Company will look to complete a [...]
Monterey Minerals Inc. is pleased to announce that it has completed the purchase of CTTR Mining Tenements Pty Ltd. . Monterey previously announced that it would issue 7 million common shares for all of the shares of CTTR Mining, which owns seven tenements encompassing over 525 square kilometres in the Pilbara region of Western Australia. CTTR Mining and Ridge Street Tenements in the Pilbara Basin President and CEO, James [...]
Monterey Minerals Inc. is pleased to announce that it has signed a Letter of Intent to purchase CTTR Mining Tenements Pty Ltd. of Perth, Australia. CTTR Mining owns seven highly prospective tenements in the Pilbara Basin covering 525 square kilometres . As outlined in the LOI, the Company will buy all the shares of CTTR Mining for 7,000,000 common shares of Monterey. The Company will look to complete a definitive purchase [...]
Monterey Minerals Inc. is pleased to announce that has completed the purchase of Ridge Street Investments Pty Ltd. . Monterey previously announced that it would issued 8 million common shares for all of the shares of Ridge Street, which owns the E47/3886 and E47/3887 tenements encompassing over 135 square kilometres in the Pilbara region of Western Australia. Ridge Street Tenements Exploration Licence E47/3886, the [...]