News

Montero Completes Debt Settlement

Toronto, Ontario – February 29, 2024 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) announces that it has completed a debt settlement transaction (the “Debt Settlement”) with Dr. Antony Harwood, the Corporation’s CEO and certain other creditors, in consideration for the issuance of 1,300,813 common shares of the Corporation (the “Settlement… Read more

Montero Closes $800,000 Non-Brokered Private Placement

/Not for Distribution to U.S. Newswire Services or Dissemination in The United States/   Toronto, Ontario – January 18, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is pleased to announce that it has closed its previously announced non-brokered private placement of 5,332,997 common shares of the Corporation (the “Common… Read more

Montero announces $800,000 non-brokered private placement and share for debt exchange

/Not for Distribution to U.S. Newswire Services or Dissemination in The United States/   Toronto, Ontario – December 29, 2023 – 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 5,333,334 common shares of the Corporation (the… Read more

Montero provides update on CAD$ 90 million ICSID arbitration claim against the Government of Tanzania

Toronto, Ontario – December 1, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides an update on Montero’s arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill rare earth element project (“Wigu Hill”) before the International Centre for Settlement of Investment Disputes (“ICSID”)…. Read more

Montero provides update on CAD$ 90 million ICSID arbitration claim against the Government of Tanzania

Toronto, Ontario – November 14, 2023 – Montero Mining and Exploration Ltd. (TSXV: MON) (“Montero” or the “Company”) provides an update on the arbitration proceedings against the United Republic of Tanzania (“Tanzania”) over the expropriation of the Wigu Hill rare earth element project (“Wigu Hill”) before the International Centre for Settlement of Investment Disputes (“ICSID”)…. Read more

Montero comments on share price move

Toronto, Ontario – September 21, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides the following update on the move in Montero’s share price. Montero has a fully funded arbitration case underway for the expropriation of its Wigu Hill rare earth element project against the United Republic of Tanzania (“Tanzania”)…. Read more

Montero comments on share price move

Toronto, Ontario – July 21, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) provides the following update on the move in Montero’s share price. Montero has a fully funded arbitration case underway for the expropriation of its Wigu Hill rare earth element project against the United Republic of Tanzania (“Tanzania”)…. Read more

Montero bolsters legal team and provides update on CAD$ 90 million ICSID arbitration claim against the Government of Tanzania

Toronto, Ontario – April 25, 2023 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) is pleased to announce that it has engaged Timothy Foden of Boies Schiller Flexner (UK) LLP to act as co-counsel alongside Jeantet AARPI (“Jeantet”) in the ongoing arbitration against the United Republic of Tanzania (“Tanzania”). The Company… Read more

Independent geochemical modelling identifies Cu-Mo porphyry target at Montero’s Avispa project in Chile

Toronto, Ontario – September 27, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Company”) has received a positive report from Fathom Geophysics (“Fathom”) from the analysis of geochemical data on the Avispa property. The report entitled “3D footprint Modelling at Avispa” has generated a 3D conceptual target indicating the possible location… Read more

Lithological and drill chip pile sampling confirms anomalous Copper – Molybdenum values at the Avispa property in northern Chile

Toronto, Ontario – August 23, 2022 – Montero Mining and Exploration Ltd. (TSX-V: MON) (“Montero” or the “Corporation”) is reporting the assay results of surface geochemical sampling undertaken within areas of interest on the Avispa property (“Avispa “or “Project”). Company geologists collected lithological samples from the San Salvador River valley and from reverse circulation (RC)… Read more