posts

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

Increasing copper demand bodes well for Montero

The development of copper projects like Montero’s Avispa project in Chile is supported by the positive outlook for copper in the medium and long term. Dr Tony Harwood, CEO and President of Montero Mining and Exploration, explains why copper is critical to the new green economy.   Q: What is driving the positive outlook for… Read more

Using cutting-edge technology to build on good fieldwork at Avispa

Montero Mining is using innovative technology to assess the potential of porphyry copper mineralisation at its Avispa project in northern Chile, following thorough mapping and sampling at the project. The company’s CEO and President Dr Tony Harwood sheds more light on the positive 3D modelling results.   Q: Three-dimensional modelling at Montero’s Avispa property, conducted… Read more