Monterey Minerals is pleased to announce that it signed the definitive agreement for the previously announced acquisition of a uranium exploration land package consisting of seven exclusive prospecting licenses from a group of private prospectors in Namibia. Monterey's acquisition of 85% interest in seven EPLs totalling 93,514 hectares makes [...]
Monterey Minerals Inc. is pleased to announce that it has signed a letter of intent to purchase a uranium exploration land package consisting of seven properties from a group of private prospectors in Namibia . Monterey will acquire an 85% interest in seven prospecting licenses totalling 93,514 hectares located in the Erongo Province, Namibia. A [...]
Monterey Minerals today announces the appointment of Jason Bagg as President & CEO, and Director of the Company effective immediately. Mr. Bagg will take over for David Lees, who was appointed Interim CEO in June 2021. Mr. Bagg brings over 20 years of financial, technology and mining industry experience to the Monterey Team. He started his career [...]
Monterey Minerals and announces the closing of a non-brokered private placement offering. The Financing consisted of 5,530,000 Units of the Company, issued at price of $0.25 per Unit for gross proceeds of $1,382,500. Each Unit consists of one common share and one non-transferable common share purchase warrant. Each Warrant will entitle the holder [...]
Monterey Minerals confirms, at the request of the Investment Industry Regulatory Organization of Canada, that the Company's management is unaware of any material change in Monterey's operation that would account for the recent increase in market activity. About Monterey Minerals Inc. The Company owns the Cobalt Mountain Property in the Omineca [...]
Monterey Minerals Inc. announces a non-brokered private placement of up to 5,600,000 Units at a price of $0.25 per Unit for gross proceeds of up to $1,400,000. Each Unit will consist of one common share and one non-transferable common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share at a price of [...]
Monterey Minerals and announces that it has purchased a private company that has an option to purchase a 100% interest in 35 minerals claims in Ontario. The Haines Property, located in Haines Township, Ontario is the key asset of PrivateCo. Under the terms of the share exchange agreement, PrivateCo will receive 1,800,000 common shares of Monterey [...]
Toronto, Ontario-- Monterey Minerals Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for every eighty pre-consolidation common shares. As a result, the outstanding shares of the company will be reduced to approximately 1,914,995 common shares. The name and symbol [...]
Monterey Minerals today announces a corporate update pertaining to the issued and outstanding shares of the Company. The share consolidation previously announced in the press release dated July 16, 2021 will now be effective on July 27, 2021, Monterey will consolidate its outstanding common shares, on the basis of one post-consolidation common [...]
Monterey Minerals Inc. today announces a corporate update pertaining to the issued and outstanding shares of the Company. On April 14, 2021, the Company reported that its Board of Directors decided to cease work at the Alicia Project in the Philippines and sold the property back to the original property vendor. Since that time, the Company has been [...]
Monterey Minerals Inc. today announces that James Macintosh has resigned his position as President & CEO, and Director of the Company effective immediately to pursue other opportunities. As a result of the resignation, Monterey's Board of Directors has appointed David Lees as interim CEO. Mr. David Lees currently serves on the Board of Directors of [...]
Monterey Minerals Inc. and provides a corporate update pertaining to the Company's exploration strategy at the wholly-owned Alicia gold and base metals project in Alicia Municipality, Philippines. Monterey's Board of Directors has decided that the Company will not continue exploration work at the Alicia Project and as such, have reached an [...]