Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) is pleased to announce it has closed the first tranche (the “First Tranche”) of the non-brokered private placement (the “Private Placement”) announced July 29, 2015. The First Tranche consisted of the issuance of a total of 2,000,000 Units at a price [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) announces that it is arranging a non-brokered private placement (the "Offering") for a minimum of 1,000,000 and a maximum of 40,000,000 units. Each unit will be comprised of one common share (“share”) of the Company and one common share purchase [...]
Morro Bay Resources advises that the News Release dated July 15, 2015 in error indicated that Carl von Einsiedel acquired 850,000 Units for proceeds to Morro Bay of “$42,500,000”. The proceeds amount is in error and is hereby corrected to be proceeds to Morro Bay of $42,500.
orro Bay Resources is pleased to announce it has closed its Private Placement previously announced April 6, 2015. The Private Placement consisted of the issuance of a total of 10,580,000 Units at a price of $0.05 per unit for gross proceeds of $529,000. Each Unit is comprised of one common share of the Company and one common share purchase warrant [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (TSX-V: MRB) (“Morro Bay“ or the “Company“) a gold and silver exploration company targeting historic mining districts in the prolific Durango Silver belt (the Peñoles Project), announces that the Board of Directors has appointed Andrew Daniels, P. Geo, as Chief Operating Officer of [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) is pleased to announce it has closed the second tranche (the “Second Tranche”) of the non-brokered private placement (the “Private Placement”) announced April 6, 2015. The Second Tranche consists of the issuance of a total of 1,530,000 Units at a [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) announces it has filed its Q2, 2015 consolidated condensed interim financial statements (“Financial Statements”) and the related management’s discussion and analysis of those financial statements (“MD&A”). Copies of the Financial Statements and MD&a [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) is pleased to announce it has closed the first tranche (the “First Tranche”) of the non-brokered private placement (the “Private Placement”) announced April 6, 2015. The First Tranche consisted of the issuance of a total of 3,590,000 Units at a price [...]
Riverside Resources announces that it has acquired ownership of and control over 15,000,000 common shares of Morro Bay Resources, representing approximately 18.42% of the issued and outstanding common shares of Morro Bay. As a result, Riverside now has ownership and control over 28,841,109 common shares of Morro Bay, representing approximately [...]
Morro Bay Resources provides the following advice to shareholders who wish to participate in the Morro Bay Private Placement. Recently most securities commissions across Canada have passed policies which allow shareholders to subscribe to companies private placements (see for example amendments to Ontario Securities Commission OSC Rule 45-501 and [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) is pleased to announce, subject to the delivery of share consideration to Riverside Resources Ltd. (“Riverside”), it has exercised the option on the Peñoles Project. Under the Option Agreement, the Company is required to make a payment to [...]
Morro Bay Resources and Riverside Resources are pleased to report that they have filed a project-first, independent resource estimate for the Jesus Maria Silver Zone and the El Capitan Gold Zone prepared in accordance with Canadian Securities Administrators’ National Instrument 43-101. The Report can be found at Morro Bay or Riverside’s [...]