Southern Legacy together with Sinchao Metals is pleased to announce the completion of the transaction to combine Southern Legacy and Sinchao. See previous news releases for Sinchao dated June 25, 2012 and June 27, 2012. As a result of this transaction: the issued and outstanding common shares of Sinchao were consolidated on a six to one basis;
inchao Metals announces that, at a special meeting held today, shareholders of Sinchao unanimously approved the previously announced business combination with Southern Legacy. Shareholders of Sinchao also approved the proposed share consolidation of Sinchao's common shares on a six to one basis. Upon completion of the Transaction, all outstanding [...]
Sinchao Metals and Southern Legacy, a private mineral exploration company organized under the laws of the State of Idaho, are pleased to announce that they have received conditional approval from the TSX Venture Exchange to complete the previously disclosed proposed transaction to combine Sinchao and Southern Legacy. The approval is subject to a [...]
Sinchao Metals reports that for year ended March 31, 2012, it has recorded a net loss US$6,171,449 or US$0.08 per share compared to a net loss of US$12,194,546 or US$0.16 per share for the same period in 2011. This was mainly due to a write-off of exploration properties of US$5,050,619 and US$11,465,806 for the years ended March 31, 2012 and March [...]
Sinchao Metals announces that it has received and filed an updated NI 43-101 Technical Report on its Sinchao Property in the Yanacocha-Hualgayoc Mining District of Cajamarca, Peru. The effective date of the Technical Report is April 15. The report was prepared by Scott. E. Wilson Consulting Inc. The Sinchao Property consists of an area of known [...]
Sinchao is pleased to announce that on May 14, 2012, further to the news release dated March 28, 2012, it has closed its $7.1 million private placement financing. The Financing is being conducted in connection with the Company's announced proposed business combination with Southern Legacy Minerals Inc. All funds referred to in the press release are [...]
Sinchao Metals and Southern Legacy Minerals are pleased to report that Sinchao and Southern Legacy have signed a definitive agreement setting forth the structure of the proposed business combination of the two entities to form a diversified mineral exploration company with base and precious metals properties in Peru, Chile and Colombia. In this [...]
Sinchao Metals and Southern Legacy Minerals, a private mineral exploration company organized under the laws of the State of Idaho, are pleased to announce that they have entered into an agreement to combine the two companies by means of a share exchange or statutory arrangement. The Transaction will consolidate a majority of Sinchao's deposit [...]
Sinchao reports that for the three and nine months ended December 31, 2011, it incurred a net loss of US$167,983 or US$0.00 per share and US$604,134 or US$0.01 per share compared to US$240,241 or US$0.00 per share and US$600,626 or US$0.01 per share for the same period in 2010. Sinchao ended the quarter with cash on hand of US$180,399 and a working [...]
Sinchao announced today that it has appointed Scott Wilson of Scott E. Wilson Consulting, Inc. to undertake an independent review of the Company's previously announced mineral resources on the Sinchao Property and prepare a revised technical report on the Property. In its April 20, 2011 news release, the Company disclosed a material change to its [...]
TORONTO, ONTARIO -- (Marketwire) -- 11/16/11 -- Sinchao Metals Corp. ('Sinchao' or the 'Company') (TSX VENTURE: SMZ) reports that for the three and six months ended September 30, 2011, it incurred a net loss of US$248,282 or US$0.00 per share and US$436,151 or US$0.01 per share compared to US$156,365 or US$0.00 per share and US$360,385 or US$0.00
Sinchao Metals Corp. reports that for the three and six months ended September 30, 2011, it incurred a net loss of US$248,282 or US$0.00 per share and US$436,151 or US$0.01 per share compared to US$156,365 or US$0.00 per share and US$360,385 or US$0.00 per share for the same period in 2010. Sinchao ended the quarter with cash on hand of US$247,441 [...]