Vendetta Mining Corp. announces it has received approval from the TSX Venture Exchange to amend the exercise price and expiry date of common share purchase warrants previously issued in connection with its non-brokered private placement of units of the Company that closed on June 3, 2019. The Warrants now have the same exercise price and expiry [...]
Vendetta Mining Corp. is pleased to announce a non-brokered private placement of up to 11,000,000 units at a price of $0.05 per Unit for gross proceeds of $550,000. Each Unit will be comprised of one common share and one common share purchase warrant exercisable for three years at a price of $0.075 per share. The private placement is subject to the [...]
Vendetta Mining Corp. is pleased to announce the positive results of the material sorting test work using commercial X-ray Transmission material sorters. The purpose of the material sorting test work was to determine the suitability of the XRT sensors to differentiate potential mill feed from waste material at Pegmont. At Pegmont the potential [...]
Vendetta Mining Corp. is pleased to announce that it has entered into a into a C$500,000 share subscription facility agreement with Scharfe Holdings Inc. for a term of 12 months. Such term can be renewed for an additional C$500,000 on the same terms as the original SSF for a period of 12 months at the sole discretion of Scharfe. Under the terms of [...]
Vendetta Mining Corp. is pleased to announce that it has closed an additional non-brokered private placement of 11,533,332 units at a price of $0.09 per Unit for gross proceeds of $1,037,999.88, forming part of a larger offering of up to $1,700,000 in gross proceeds. Each Unit comprises one common share and one common share purchase warrant [...]
Vendetta Mining Corp. is pleased to provide an update on project activities. Ore Sorting Test Work The Company has shipped three composites from three previously completed drill holes for sensor-based ore sorting screening test work; two holes from Zone 5 and one hole from Zone 2. Included in each sample was material from both the hanging wall and [...]
Vendetta Mining Corp. is pleased to announce that the Company completed all payments to the vendor of the Pegmont Lead-Zinc project on May 9, 2019, at which time the sale to Vendetta of the Project completed and Vendetta is now the owner of the Pegmont tenements. The formal transfer to update the legal title to the exploration permit and three [...]
Vendetta Mining Corp. is pleased to announce that it has closed the previously announced financing package with Nebari Holdings LLC. and that, as a result, the Company is now in a position to make its final property payment to Pegmont Mines Ltd., as vendor, and acquire a 100% interest in the Pegmont Lead-Zinc project. The Company would like to [...]
Vendetta Mining Corp. is pleased to announce that it has been advised by Nebari that technical due diligence has been completed to their satisfaction. The material terms for the funding package described by the Company on April 12th, are now being finalised in a definitive agreement. The funding facility remains on track to Close and provide funds [...]
Vendetta Mining Corp. is pleased to announce that it has entered into a non-binding term sheet for a proposed financing transaction with Nebari Holdings LLC . The proceeds of the proposed financing are planned to be used to pay the final Pegmont Lead-Zinc property payment of A$3,000,000 and in doing so complete the Company's acquisition of a 100 [...]
Vendetta Mining Corp. is pleased to announce that it has paid the Pegmont project Vendor A$50,000 to extend the March 31 payment of A$300,000 to May 6. On May 6 the Company may further extend the final property payment of A$3,000,000 to November 6, by paying a further A$350,000. This allows the Company time to complete negotiations and obtain TSX-V [...]
Vendetta Mining Corp. announces the filing of the National Instrument 43-101 Technical Report entitled "Updated Mineral Resource Estimate and Preliminary Economic Assessment of the Pegmont Lead-Zinc Project". The Report which is dated March 14, 2019 and is effective January 22, was prepared in compliance with National Instrument 43-101- Standards [...]