Primero Mining is pleased to announce the successful completion of the previously announced scheme of arrangement under the Australian Corporations Act 2001, whereby Primero has acquired all of the issued and outstanding ordinary shares of Cerro Resources. Cerro's principal asset is 69%(1) of the feasibility stage Cerro del Gallo project, a [...]
Cerro Resources announces further to its announcement of May 8, 2013 that the last date on which Cerro shares will trade on the TSX will be May 9, the same date as the last date on which Cerro shares will trade on the ASX. At the market open on May 10, the Cerro shares will be halted from trading on the TSX Venture Exchange and the shares will not [...]
Cerro Resources is pleased to announce that the Federal Court of Australia has today made orders approving the transaction with Primero Mining to effect: the spinout of Cerro's non-Cerro del Gallo assets (Spinout) to Cerro's currently wholly owned subsidiary Santana Minerals Limited, an in-specie distribution to Cerro's Shareholders (in Australia [...]
Cerro Resources is pleased to announce that at Meetings held today in Australia, eligible Shareholders and optionholders voted to approve the resolutions put at those Meetings to the proposed transaction (Transaction) with Primero Mining to effect: the spinout of Cerro's non-Cerro del Gallo assets (Spinout) to Cerro's currently wholly owned [...]
Cerro Resources releases its Quarterly Activities Report, including the financial statements for the quarter ending March 31, 2013. The Quarterly Report includes information regarding the transaction with Primero Mining whereby Shareholders and Option holders will be meeting on Tuesday, 30 April, along with progress and exploration update.
Cerro Resources wishes to advise that due to Court scheduling, the date for the Second Court Hearing for approval of the Schemes has been changed. Importantly, the date, time and venue for the meetings of Cerro's shareholders and option holders remain unchanged. That is, all meetings for this matter will continue to be held on Tuesday, 30 April [...]
Cerro Resources advises that Syndicated Metals Limited has given notice of its withdrawal from the Kalman Joint Venture following earn-in of approximately $2.2M to date. Cerro Resources will now consider its options in taking the Kalman project forward. The withdrawal by Syndicated Metals does not materially impact the Scheme of Arrangement (refer [...]
Cerro Resources announces that the Australian Securities and Investments Commission has registered the Scheme Booklet which details Cerro's previously announced proposed transaction with Primero Mining to effect: the spinout of Cerro's non-Cerro del Gallo assets to Cerro's currently wholly owned subsidiary Santana Minerals; an in-specie [...]
Cerro Resources has filed its Interim Financial Statements and Directors' Report for the half-year period ended December 31, 2012. They can be viewed on the Company's website and have been filed on SEDAR.
Cerro Resources is pleased to report further progress in the pre-drilling exploration phase at the Espiritu Santo Gold/Silver project in Jalisco State, Mexico. Additional +0.5 g/t Au surface rock chip samples from multiple veins have now been received. Including rock chip samples with gold to 10.75 g/t Au and 8.13 g/t Au from the newly discovered [...]
Cerro Resources releases its Quarterly Activities Report, including the financial statements for the quarter ending December 31, 2012. The Quarterly Report includes information regarding the transaction with Primero Mining and exploration updates relating to Namiquipa and Espirtu Santo.
The report is available on the Company's website [...]
Further to the announcement of December 14, 2012, a copy of the Scheme Implementation Deed entered into between Cerro Resources and Primero Mining has been filed on SEDAR under Cerro's profile and is available on Cerro's website. The Scheme Implementation Deed sets out the material terms and conditions of the transaction between Cerro and Primero.