Eco Oro Minerals Corp. announced today that Paul Robertson has resigned as Chief Executive Officer of the Company. Eric Tsung, the current Chief Financial Officer of the Company, will assume the role of Chief Executive Officer with immediate effect. Eric will continue in the role of Chief Financial Officer, a position he had held since August 3 [...]
Eco Oro Minerals Corp. announced today that the arbitral tribunal constituted under the auspices of the World Bank's International Centre for Settlement of Investment Disputes has issued a 2-1 majority award on damages , with a dissenting opinion, awarding the Company no damages in relation to arbitration claims filed against the Republic of [...]
Eco Oro Minerals Corp. is pleased to announce that it has entered into a credit agreement dated September 19, 2023 with Graywolfe Capital SEZC pursuant to which the Company may borrow up to US$6 million from the Lender . The outstanding principal amount of the Facility will bear interest at a rate of 16.5% per annum and all obligations under the [...]
Eco Oro Minerals Corp. announced today that Pierre Amariglio has been appointed to Company's board of directors and will serve as Co-Executive Chair of the Board, together with Courtenay Wolfe, the current Co-Executive Chair of the Board. This appointment was made in accordance with the terms of the Amended and Restated Settlement Agreement dated [...]
Eco Oro Minerals Corp. welcomes the Decision on Jurisdiction, Liability and Directions on Quantum issued on September 9, 2021 by the arbitral tribunal constituted under the auspices of the World Bank's International Centre for Settlement of Investment Disputes in relation to its claims against the Republic of Colombia pursuant to the investment [...]
Eco Oro Minerals Corp. announced today that Cameron Brown has been appointed to the Company’s board of directors . This appointment was made in accordance with the terms of the Amended and Restated Settlement Agreement dated September 11, 2017 between the Company, Trexs Investments, LLC, an entity managed by Tenor Capital Management Company, L.P [...]
Eco Oro Minerals Corp. is pleased to announce the completion of the sale of Purchased Asset Class 1 and Purchased Asset Class 2 occurred on December 16, 2020 under the previously announced asset purchase agreement dated July 6, 2018 with Sociedad Minera de Santander S.A.S. . Purchased Asset Class 1 comprises all of the Company’s interests in the [...]
Eco Oro Minerals Corp. announced today that Blair Wallace has been appointed to the Company’s board of directors and will serve as Co-Executive Chair of the Board, together with Courtenay Wolfe, the current Co-Executive Chair of the Board. This appointment was made in accordance with the terms of the Amended and Restated Settlement Agreement dated [...]
Eco Oro Minerals Corp. is pleased to announce that it has completed the second tranche of its previously announced private placement of up to US$20,000,000 of contingent value rights certificates . On completion of the Second Tranche, the Company issued an aggregate of approximately US$1,725,370.15 of 2020 CVRs. The proceeds of the Second Tranche [...]
Eco Oro Minerals Corp. is pleased to announce that it has completed the first tranche of its previously announced private placement of up to US$20,000,000 of contingent value rights certificates . On completion of the First Tranche, the Company issued an aggregate of approximately US$16,258,889 of 2020 CVRs. The proceeds of the First Tranche will [...]
Eco Oro Minerals Corp. is pleased to announce that it has entered into an investment agreement with Trexs Investments, LLC , pursuant to which Trexs and other Eligible CVR Holders will be entitled to participate in a private placement for aggregate gross proceeds of up to US$20,000,000. Pursuant to the terms of the Investment Agreement, the [...]
Eco Oro Minerals Corp. is pleased to announce that it has issued a US$6,500,000 demand promissory note to Trexs Investments, LLC . The Promissory Note will bear interest at a rate of 10% per annum and will be secured by a general security interest over all of the Company’s assets. The net proceeds from the Promissory Note will be used for [...]
