Monarca Minerals Inc. is pleased to announce the execution and ratification by a Mexican Notary Public of the surface rights agreement with Colonia on the San Jose Silver Project located near the USA border in Chihuahua, Mexico. As the Company informed on the press release dated March 4, 2021, surface lands for the San Jose project area are [...]
Monarca Minerals Inc. is pleased to announce that it continues to advance the permitting process for its upcoming drilling program on the San Jose Silver Project located near the USA border in Chihuahua, Mexico. Surface lands for the San Jose project area are partially covered by "Ejido" lands and "Colonia" lands , therefore the Company is required [...]
Monarca Minerals Inc. , is pleased to announce that it is advancing toward an initial approximately 5,000m drilling program at San Jose. Due to Covid, Mexican Agrarian governmental offices have been closed, delaying the permitting process. The federal offices related to surface land ownership have, in the last week, re-opened and resumed [...]
Monarca Minerals Inc. is pleased to announce that it has entered into debt settlement agreements with two of its creditors , pursuant to which it will issue an aggregate of 751,201 common shares in the capital of the Company in consideration for the settlement of a total of $135,830.67 in accrued liabilities owing to the Creditors in respect of a [...]
Monarca Minerals Inc. . At the request of IIROC, Monarca Minerals Inc. wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. About Monarca Minerals Inc. Monarca is a Canadian mining company listed on the TSX Venture Exchange and [...]
Monarca Minerals Inc. , announces that is has completed the previously announced shares for debt transaction to settle an aggregate of $301,324.90 owing to certain officers, directors and service providers of the Company through the issuance of an aggregate of 6,026,498 common shares of the Company at an implied issue price of C$0.05 per share. The [...]
Monarca Minerals Inc. is pleased to announce is has closed the previously announced non-brokered private placement of units of the Company for gross proceeds of C$3,000,000 . The Company issued a total of 60,000,000 Units of the Company at a price of C$0.05. Red Cloud Securities Inc. acted as a finder in connection with the Offering. Each Unit [...]
Monarca Minerals Inc. , is pleased to announce the closing of the definitive agreement with Southern Silver Exploration Corp. to sell El Sol project in Durango, Mexico. El Sol concession is a single 63ha claim located on the northwestern boundary of Southern Silver's projects the Bocona block of claims and is adjacent to the Area of the Cerro which [...]
Monarca Minerals Inc. , announces that it is proposing to settle an aggregate of approximately $380,600.00 owing to certain officers and directors, and service providers to the Company through the issuance of an aggregate of approximately 7,612,000 Common Shares of the Company at an implied issue price of C$0.05 per Common Share. The Company [...]
Monarca Minerals Inc. is pleased to announce that the Company will be increasing their previously announced non-brokered private placement to up to 60,000,000 units of the Company at a price of C$0.05 per Unit for gross proceeds of up to C$3,000,000 . Each Unit shall consist of one common share of the Company and one common share purchase warrant [...]
Monarca Minerals Inc. is pleased to announce a non-brokered private placement of up to 40,000,000 units of the Company at a price of C$0.05 per Unit for gross proceeds of up to C$2,000,000 . Each Unit shall consist of one common share of the Company and one common share purchase warrant . Each Warrant will be exercisable by the holder thereof to [...]
Monarca Minerals Inc. announces that it has completed a non-brokered private placement of $1,015,445 principal amount of unsecured convertible debentures . The Convertible Debentures bear interest at a rate of 12% per annum payable annually in arrears on October 9th and mature on October 9, 2022. The Convertible Debentures are convertible into [...]
