Archive for 2018

Montero Stakes Potential New Lithium Discovery In Chile

Toronto, Ontario – 10 October, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) has entered into a binding agreement with a private geological consortium (“the Founders”) that has developed certain specialized concepts, ideas, plans and techniques for the exploration of unique lithium deposits over certain target areas in the Atacama… Read more

Montero and Jiang Xi Yun Lithium sign a Memorandum of Understanding on cooperation and development of lithium production in Africa

Toronto, Ontario – September 24, 2018: Montero Mining and Exploration Ltd. (TSX.V : MON) (“Montero”) is pleased to advise that the Company has signed a non-binding Memorandum of Understanding (“MOU”) with the Jiang Xi Yun Lithium Materials Company Limited (“Jiang Xi Yun Lithium”) of China for joint cooperation and development of lithium production in Africa…. Read more

Montero Announces Closing of $825,000 Non-Brokered Private Placement

Toronto, Ontario – April 27, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) 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 (the “Offering”) of 3,440,849 units (the “Units”) at a price of $0.24 per… Read more

Montero Announces Repricing of $1,120,000 Non-Brokered Private Placement

Toronto, Ontario – April 10, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) announced today that it has repriced its non-brokered private placement of up to $1,120,000 originally announced on February 5, 2018 (the “Offering”). The private placement will now consist of up to 4,666,666 units (the “Units”) at a price… Read more

Montero Mining and Exploration Ltd. Announces Extension of Non-Brokered Private Placement

Toronto, Ontario – March 13, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) announces that it is extending the final closing date of its non-brokered private placement offering (the “Offering”) previously announced on February 5, 2018. The new final closing date, subject to the approval by the TSX Venture (“TSX-V”), will… Read more

Montero Acquires Uis Lithium – Tin Tailings Project in Namibia

Toronto, Ontario – March 6, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) has entered into a binding Heads of Agreement (“HOA”) with Namib Base Minerals CC (“NBM”) and Namibia Silica CC (“NBS”) (collectively the “Owners”) to acquire a 95% interest in the Uis Lithium-Tin Tailings Project (“Project”) in Namibia. The… Read more

Montero Acquires a Lithium Exploration License in Namibia

Toronto, Ontario – March 5, 2018 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) has entered into a Letter of Intent (“LOI”) with Mr Esegiel Xamseb, a Namibian national, to acquire an 80% interest in the wholly-owned Exclusive Prospecting License 6162 (“EPL 6162” or the “Property”) for exploration of lithium, base, rare and… Read more

Montero Announces $1,120,000 Non-Brokered Private Placement

TORONTO, Feb. 05, 2018 (GLOBE NEWSWIRE) — Montero Mining and Exploration Ltd. (TSX-V:MON) (“Montero” or the “Corporation”) is pleased to announce that it intends to complete a non-brokered private placement of up to 4,000,000 units (“Units”) at a price of $0.28 per Unit, for gross proceeds of approximately $1,120,000 (the “Offering”). Closing of the Offering… Read more