Ecuador Gold & Copper, wishes to announce that further to its news release dated June 27, 2016, it is announcing the completion of a non-brokered private placement offering of US$1,250,000 of convertible debentures of the Company, comprised of US$232,784 senior secured Debentures and US$1,017,216 unsecured convertible debentures. Each Debenture [...]
Ecuador Gold & Copper is pleased to announce that it has completed the shares-for-debt transaction announced on June 7, 2016 and May 25, 2016 to settle an aggregate of $502,330 in outstanding debt owing for interest free advances made to the Company, geological mineral exploration, administrative services and office rent, legal services, expenses [...]
Odin Mining and Exploration and Ecuador Gold and Copper are pleased to announce that Odin and EGX have entered into a definitive arrangement agreement dated August 2, 2016 whereby Odin will acquire all of the outstanding securities of EGX. The resulting entity will be an emerging gold exploration company with a post-deal market capitalization of [...]
Odin Mining and Exploration and Ecuador Gold and Copper are pleased to announce that Odin and EGX have entered into a definitive arrangement agreement dated August 2, 2016 whereby Odin will acquire all of the outstanding securities of EGX. The resulting entity will be an emerging gold exploration company with a post-deal market capitalization of [...]
Ecuador Gold & Copper announces that further to its news release dated May 2, 2016 and pursuant to an agreement dated as of April 29, 2016 it has issued 583,333 common shares of the Company as a settlement for the termination of the joint venture agreement between Condormining and Minera Guangshou Ecuador dated November 2, 2012 for the joint [...]
Ecuador Gold & Copper, wishes to announce that further to its news release dated June 10, 2016, it is increasing its new debenture offering from the previously announced US$900,000 to raise aggregate gross proceeds now of up to US$1,250,000 through the issuance of senior secured convertible debentures and other unsecured convertible debentures [...]
Ecuador Gold & Copper, wishes to announce that it intends to undertake a new debenture offering to raise aggregate gross proceeds of up to US$900,000 through the issuance of senior secured convertible debentures and other unsecured convertible debentures. Each Debenture bears interest of 12% per annum with the principal amount and interest due and [...]
Ecuador Gold & Copper is pleased to announce that in addition to its previously announced C$424,330 debt settlement agreements announced in a Company news release on May 25, 2016, it has made additional arrangements to settle another aggregate of C$78,000 in outstanding debt owed to creditors in connection with C$78,000 owing for legal services and [...]
Ecuador Gold & Copper is pleased to announce that it has entered into agreements to settle an aggregate of C$424,330 in outstanding debt owed to creditors in connection with C$365,581 owing for drilling, exploration, and consulting as well as up to C$58,749 owing for management's expenses and services provided to the Company. The Company is [...]
Ecuador Gold & Copper announces that pursuant to an agreement dated as of April 29, 2016 it has together with its subsidiary, Condormining Corporation agreed to terminate the joint venture agreement between Condormining and Minera Guangshou Ecuador dated November 2, 2012 for the joint ownership and exploration and development of the Chinapintza [...]
Ecuador Gold & Copper announces that it has paid U.K. engineering firm, GBM Minerals Engineering Consultants Ltd. in satisfaction of its claim for payment of £187,500 and have received engineering information and data in relation to the Company's Condor Gold Project in Ecuador. Due to a dispute, GBM had initiated a claim for the payment from the [...]
Ecuador Gold & Copper announces that it has granted its directors, officers and consultants stock options to purchase a total of 1,175,000 common shares of the Company in accordance with its Stock Option Plan and subject to the policies of the TSX Venture Exchange. The Options are exercisable at a price of $0.30 per share, being the closing price [...]
