Monarca Minerals Inc. , announces that the Cease Trade Order imposed by the British Columbia Securities Commission on April 8, 2020 has been revoked and its common shares have resumed trading on the TSX Venture Exchange. The Cease Trade Order issued by the BCSC was lifted after the Company filed its annual audited financial statements, annual [...]
Eric Sprott announces that on May 10, 2020, 3,077,000 common share purchase warrants of Monarca Minerals Inc., expired unexercised representing a decrease in holdings of approximately 2.2% of the outstanding common shares on a partially diluted basis since the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially [...]
Monarca Minerals Inc. , discloses today that the filing of the Company's annual audited financial statements for the year ended November 30, 2019, annual management's discussion and analysis for the year ended November 30, 2019, and certification of annual filings for the year ended November 30, 2019 was not completed by the deadline of March 30 [...]
Monarca Minerals, Inc. , is pleased to announce that it has entered into an Option Agreement to acquire a 100% interest in the 5,580-hectare San Jose Project located in Chihuahua, northern Mexico. The Option Agreement is an arm's length transaction. The decision was made to acquire this skarn and potential CRD/porphyry deposit after a surface [...]
Monarca Minerals Inc. is pleased to announce that Mr. Paul Ténière had been appointed as a director of the Company. Mr. Paul Ténière replaces Allan Folk, who stepped down from the board to focus on other activities. The Board of Directors would like to thank Mr. Folk for his contributions to the Company. Paul [...]
Monarca Minerals reports that Mr. Allan Folk has resigned as Interim CEO, effective June 1, 2018. Mr. Folk will remain as Director of the Company. The Board of Directors would like to thank Mr. Folk for his contributions to date and the Company looks forward to his continued support. The Board of Directors has appointed Mr. Carlos Espinosa as CEO [...]
Monarca Minerals is pleased to provide an update on its recent activities. Tejamen Project Monarca has completed the re-logging of 202 reverse circulation drill holes and 10 core holes in San Augustin in the state of Durango. The purpose of the re-logging exercise is to design a new drill program once the surface rights have been secured [...]
Monarca Minerals is pleased to announce that it has entered into to a Letter of Intent to acquire the San Jose Property, located in northern Chihuahua, Mexico. San Jose Property The 5,580-hectare San Jose Property area has excellent indications of multi-element mineralization associated with skarn, gossan and altered intrusive rocks. An existing [...]
Monarca Minerals is currently re-analyzing geological information and the re-logging historical drill results. Drilling completed in 2005 and 2008 only reached relatively shallow depths of approximately 150 meters. To date Monarca has identified 3 extremely high grade intercepts at both Los Mantos and Cerro Prieto portions of Tejamen. Drill hole [...]
Monarca Minerals is pleased to report that it has appointed Carlos Espinosa as President and Michael Smith as Executive Vice President, Exploration of the Company. Allan Folk remains as Interim Chief Executive Officer. Carlos has been a director of the Company since 2016 and has been instrumental in the Company's government and community [...]
Monarca Minerals is pleased to provide an update on the Company's recent activities. The last 12 months have been productive for Monarca Minerals With the closing of our first equity financing in over 4 years and by satisfying $463,058 of outstanding through the issuance of shares, we have improved our Balance Sheet. We presently have $1.3 million [...]
Monarca Minerals is pleased to announce that it has completed the second tranche of its previous announced non-brokered private placement financing. Under the second tranche of the Financing, Monarca issued 3,340,000 units at a price of $0.13 per Unit for gross proceeds of $434,200, making the total number of Units issued under the Financing [...]
