Strait Minerals is pleased to announce the amalgamation of Montan Capital Corp. and 1023174 B.C. Ltd., a newly incorporated wholly-owned subsidiary of Montan Mining, pursuant to the Amalgamation Agreement dated January 6, 2015 to create a new Peru-focused mine development company. In connection with the amalgamation, Strait Minerals Inc. changed [...]
Montan Capital and Strait Minerals are pleased to announce that at each of their respective meetings of shareholders held on February 24, 2015, the shareholders of Montan and the shareholders of Strait gave the requisite approvals for the Amalgamation Resolution, thereby approving the transactions set out in the Amalgamation Agreement dated January [...]
Montan Capital and Strait Minerals are pleased to announce that, further to their joint news releases dated December 3, 2014 and January 6, 2014, Montan and Strait have received conditional acceptance from the TSX Venture Exchange for the proposed qualifying transaction of Montan, whereby Montan will amalgamate with 1023174 B.C. LTD., a newly [...]
Montan Capital and Strait Minerals are pleased to announce that further to the joint news release of December 3, 2014, Montan, Strait, and 1023174 B.C. LTD., a newly incorporated subsidiary of Strait, have entered into an amalgamation agreement dated January 6, 2015, in respect of the proposed qualifying transaction for Montan and reverse take-over [...]
Montan and Strait are pleased to announce that they have entered into a binding letter agreement dated effective December 2, 2014 to merge the two companies and form a strong Peru-focused mine development company. The resulting company will combine Montan's technical team, with a track record of successful project and mine development in Peru and [...]
Strait Minerals has refiled the Company's audited Consolidated Financial Statements and notes for the years ended December 31, 2013 and 2012, and the related Management Discussion and Analysis of Financial Condition to reflect the correction of an error in the Consolidated Financial Statements and MD&A filed on April 24, 2014. The Independent [...]
Strait Minerals is pleased to report assay results from a program of channel sampling conducted in February, 2014, at the Tastani polymetallic zone on the Company's Alicia property in Peru. Tastani, which was essentially unexplored until 2012, consists of breccias and mantos mapped over an area of approximately 1,500x1,000 metres. Two lines of [...]
Strait Minerals reports that Teck Minerals Peru, a wholly owned subsidiary of Teck Resources, has notified the Company that it does not intend to exercise its option to earn an interest in Strait's 100%-owned Alicia copper property in Peru. In 2013 Teck Peru funded a 10-hole drill program at Alicia under an option/joint-venture agreement with the [...]
Strait Minerals is pleased to report results from a drill program at the Company's 100%-owned Alicia porphyry copper property in Peru. Teck Peru, a wholly owned subsidiary of Teck Resources Ltd., funded the program under an option/joint-venture agreement with the Company. Selected results from the 10-hole, 4,000-metre core drilling program are [...]
Strait Minerals is pleased to report that its Peruvian subsidiary and Teck Peru, a wholly owned subsidiary of Teck Resources, have amended the terms of their Option/Joint Venture Agreement regarding the Alicia copper-gold property in Peru. Certain dates relating to performance by Teck were extended by one year to reflect the delay in commencement [...]
Strait Minerals is pleased to report that drilling has commenced at its 100% owned Alicia copper-gold project in southern Peru. Teck Peru can earn an initial 45% interest in the property by funding $4 million in exploration expenses. "Alicia is a prime copper-gold porphyry target in a copper mining district that is quickly developing into one of [...]
Strait has closed the first tranche of a non- brokered private placement for proceeds of $112,000. The Company placed 1,600,000 working capital units and paid finder's fees of $2,100 plus 70,000 Compensation Units comprised of 70,000 common shares of the Company and 70,000 Compensation Warrants. Each Compensation Warrant entitles the holder to [...]
