Cuervo Resources reports that it has received notice from Strike Resources demanding full repayment of a $5.25 million promissory note by December 16, 2013 together with accrued interest from date of default. The note held by Strike has a maturity date of July 27, 2014 which is extendable, in certain circumstances, at Cuervo's option, to January [...]
Cuervo Resources reports the resignations of Mr. Brian Cloney and Mr. William Johnson from the Board of Directors of the Company. In particular, the Company wishes to express its appreciation to Mr. Cloney for his long and valued service as a director and chair of the Audit Committee since 2007. For further information, please contact Mr. Brian [...]
Cuervo Resources is pleased to report that the private placement of 1,350,000 common shares of the Company at an issue price of $0.06 CDN per share for aggregate proceeds of $81,000 CDN has closed. The private placement, which was previously announced on August 29, 2013, of 1,350,000 common shares closed on September 11, 2013 and the shares issued [...]
Cuervo Resources reports that further to its press release dated August 14, 2013, it is continuing discussions with Strike Resources in connection with the offer to purchase all of Cuervo's assets. Cuervo Resources is also in preliminary discussions with other parties concerning a sale of some or all of its Peruvian properties. For further [...]
Cuervo Resources reports the results of an Ontario Securities Commission staff review of the Company's NI 43-101 Technical Report filed February 26, 2013 with respect to the Cerro Ccopane Iron Project in south central Peru. The review was conducted as part of a targeted review of 50 selected Form 43-101F1 Technical Reports filed by Ontario mining [...]
Cuervo Resources is pleased to report, it has received interest in a private placement of 1,000,000 to 2,000,000 common shares of the Company at an issue price of $0.06 CDN per share for aggregate proceeds of $60,000 to $120,000 CDN. The company has received expressions of interest exceeding the minimum amount. The private placement is planned to [...]
Cuervo Resources reports that it has received an offer to purchase all its assets from Strike Resources of Subiaco Western Australia. The Board of Directors of Cuervo is reviewing and assessing the offer. For further information, please contact Mr Brian Berner, CEO and a Director of the Company, at 416-203-3957 ext. 201 or Mr Tom Berner, Investor [...]
Cuervo Resources is pleased to report that the private placement of 1,500,000 common shares of the Company at an issue price of $0.10 CDN per share for aggregate proceeds of $150,000 CDN has closed. The private placement of 1,500,000 common shares closed on May 31, 2013 and the shares issued are subject to a four-month hold period from the date of [...]
Cuervo Resources is pleased to announce the filing of an updated National Instrument 43-101 compliant report on its wholly-owned Cerro Ccopane Iron Project in Peru. The report includes a measured and indicated mineral resource estimate at Cerro Ccopane of 55.6 million tonnes grading 46.7% Fe and an inferred mineral resource of 576.4 million tonnes [...]
Cuervo is pleased to report that Mr. John Gruetzner has been appointed a director of the Company. John, as principal and founder of Beijing-based Intercedent Limited, has extensive experience in providing investment, corporate advisory and capital raising services to businesses in the People's Republic of China. Before founding Intercedent Limited [...]
Cuervo is pleased to announce the filing of an updated National Instrument 43-101 compliant report on its wholly-owned Cerro Ccopane Iron Project in Peru. The report includes a measured and indicated mineral resource estimate at Cerro Ccopane of 55.6 million tonnes grading 46.7% Fe and an inferred mineral resource of 576.4 million tonnes grading [...]
