Aztec Minerals Corp. announces that it has closed the first tranche of its recently announced private placement equity financing. The first tranche of the private placement consisted of 7.08 million units priced at CAD$0.30 per unit for total proceeds of CAD$2.12 million. Each unit consists of one common share in the capital of the company and [...]
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Aztec Minerals Corp. announces that final interpretation of a 3-Dimensional IP-Resistivity survey completed last year has identified multiple chargeability anomalies over a 5 km long corridor on the Cervantes porphyry gold-copper property in Sonora. Chargeability anomalies in general reflect more conductive areas within rock formations and these [...]
Aztec Minerals announces the voting results from its Annual and Special General Meeting held on June 22, 2020 in Vancouver, BC. Shareholders voted in favour of all items of business, including the re-election of each director nominated, the ratification of the Company's stock option plan and re-pricing of certain stock options. Smythe LLP were [...]
Aztec Minerals has arranged a CAD$3 million non-brokered private placement financing with sophisticated investors, shareholders and directors of the Company. Finders fees may be payable in cash and / or warrants on certain portions of the financing, subject to regulatory approvals. The Company has agreed to issue up to 10 million units at a price [...]
Aztec Minerals Corp. announces that in advance of signing the 65/35 joint venture agreement with Kootenay Silver on the Cervantes porphyry gold-copper project in Sonora, Mexico, it provides shareholders this review of top priority exploration targets for drilling. Aztec earned its 65% interest in the property last July and is the Operator of the [...]
Aztec Minerals Corp. announces that data inversion and interpretation of a recently completed NSAMT geophysical survey has identified strong conductive bodies underlying the Company's Tombstone silver-gold-copper-lead-zinc property in southeastern Arizona. Such conductive bodies can be related to buried sulfide mineralization such as CRD [...]
Aztec Minerals pursuant to its new corporate strategy, is focusing this year on drilling the famous Tombstone silver-gold-zinc-lead-copper district located in southeastern Arizona. Aztec holds an option to acquire a 75% interest in the Tombstone property which includes many of the original patented mining claims in the district. Aztec recently [...]
Aztec Minerals announces that it has engaged Commodity-TV and Rohstoff-TV for an initial three month period to assist with Aztec's investor relations activities. Pursuant to an agreement dated May 20, 2020, Aztec will pay C&R-TV €9000 plus expenses. C&R-TV is based in Switzerland and will introduce Aztec to its European investor network by [...]
Aztec Minerals announces it has arranged an aggregate of CAD$60,000 in loans from two insiders and a strategic investor. Each loan bears interest at a rate of 12% per annum, payable on maturity, and has a term of 6 months, provided that the Company may prepay without penalty. Subject to regulatory approval, a loan bonus totaling 300,000 warrants [...]
Aztec Minerals provides the following strategic update and outlook for 2020. While exploration has been on hold during the current coronavirus crisis, Aztec has been prepared a new strategic plan to create shareholder value. Aztec holds interests in two highly prospective exploration properties, 65% ownership of the Cervantes porphyry gold-copper [...]
Aztec Minerals announces that it has closed its non-brokered Private Placement financing of Units announced in its news release dated February 21, 2020. The financing included participation by sophisticated investors, shareholders and directors of the Company. No finder's fees were payable with respect to this financing. Aztec issued an aggregate [...]
