Archive for 2020

Montero Announces Upsize of Non-Brokered Private Placement to $2.5 Million

Toronto, Ontario – November 26, 2020 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is pleased to announce that it has increased its previously announced non-brokered private placement offering (the “Offering”) to up to $2,500,000, composed of the sale up to 16,666,666 units (“Units”) at a price of $0.15 per Unit…. Read more

Montero Announces $2.1 million Non-Brokered Private Placement

Toronto, Ontario – October 29, 2020 – 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 14,000,000 units (“Units”) at a price of CAD$.15 per Unit, for gross proceeds of up to CAD$2,100,000 (the “Offering”). Closing of… Read more

Montero Review Returns 14.21g/t Au & 164g/t Ag at the Isabella Gold Silver Project in Southern Chile

Not for Dissemination in the United States or over United States Newswire Services Toronto, Ontario – October 19, 2020 – Montero Mining and Exploration Ltd. (TSX-V: MON) has completed its first exploration campaign at the Isabella Gold Project in the Southern Coastal Range of Chile. Isabella is located approximately 200 km south of Santiago and… Read more

Montero Acquires Isabella Gold Project in Chile

Toronto, Ontario – August 5, 2020 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has signed a Binding Purchase and Sale Agreement (“Agreement”) to acquire a 100% interest in a private Chilean company (“ChileCo”) which holds various mineral rights to exploration claims that make up the Isabella Gold Silver Project (“Project”)… Read more

Montero Adopts Gold Focus Following COVID-19 Pandemic

Toronto, Ontario – June 5, 2020 – Montero Mining and Exploration Ltd. (TSX-V: MON or “Montero”) has seen a decline in battery metal prices over the last 12 months which has been exacerbated by the COVID-19 pandemic and its effect on global economics. For these reasons the board has decided to change the Company focus… Read more

Montero Delivers “Notice of Intent” to Submit a Claim to Arbitration Under Canada-Tanzania Agreement for Reciprocal Protection of Investment

Toronto, Ontario – January 17, 2020 – Montero Mining and Exploration Ltd. (TSX-V: MON or “Montero”) reports that on January 17th, 2020 it has delivered a Notice of Intent to Submit a Claim to Arbitration (“Notice of Intent”) to the Attorney General of Tanzania in accordance with the 2013 Agreement for the Promotion and Reciprocal… Read more