Nortec Minerals Corp.. is pleased to announce that Carlos Fernando Jaramillo Munoz, member of Nortec's Board of Directors, has been appointed as the new President and Chief Executive Officer, effective August 7, 2019. Mr. Jaramillo has been serving as a Director of Nortec and General Manager of Nortec's Ecuador subsidiary, Normiecu S.A. since 2016. Mr. Jaramillo is a senior executive, based in Quito, Ecuador with [...]
Vancouver, BC - The Newswire - July 19, 2019 - Nortec Minerals Corp.. Further to Nortec's press release dated June 4, 2018, the Company announces that it has closed the Private Placement for 4,350,000 units for gross proceeds of $108,750. Each Unit consisting of one common share at a price of $0.025 and one half common share purchase warrant , entitling the holder to purchase one additional common share at an exercise [...]
Nortec Minerals Corp. announces the Company applied for a 30 day extension to the April 25, 2019 non-brokered $700,000 Private Placement. The extended final date for acceptance of the Private Placement is July 7, 2019. Each Unit consisting of one common share at a price of $0.025 and one half common share purchase warrant, entitling the holder to purchase one additional common share at an exercise price $0.05 per common [...]
Nortec Minerals Corp. is arranging the non-brokered private placement of up to 28,000,000 units at a price of $0.025 per unit for gross proceeds of up to $700,000 pursuant to a discretionary waiver of the $0.05 minimum pricing requirement granted by the TSX Venture Exchange. Each Unit consisting of one common share and one half common share purchase warrant, entitling the holder to purchase one additional common share at [...]
Nortec Minerals Corp. is arranging the non-brokered private placement of up to 28,000,000 units at a price of $0.025 per unit for gross proceeds of up to $700,000 pursuant to a discretionary waiver of the $0.05 minimum pricing requirement granted by the TSX Venture Exchange. Each Unit consisting of one common share and one common share purchase warrant, entitling the holder to purchase one additional common share at an [...]
Nortec Minerals Corp. announces the approval of the TSX Venture Exchange to close its non-brokered Convertible Debenture Private Placement announced January 3, 2019 and February 19, 2019 for total proceeds of $260,500. The debentures mature on January 3, 2020 with an annual interest rate of 12%, payable at the end of the one year term. The debenture holders may at any time convert, all, or any portion of the convertible [...]
Nortec Minerals Corp. announces the signing of a Letter of Agreement with Utah Mineral Resources LLC. a private Utah Company, to acquire a 100% interest in their Cottonwood Vanadium-Uranium Project located in Garfield County, Utah. UMR located at Kaysville, Utah has sole exclusive right, title, interest and ownership of Cottonwood. Terms of Agreement 1.A total cost of US $200,000 consisting and composed solely and [...]
Nortec Minerals Corp. announces receipt of a 30 day extension to the January 3, 2019 non-brokered $750,000 Convertible Debenture Private Placement. The extended final date for acceptance of the Private Placement is March 20, 2019. The debentures mature on January 3, 2020 and bear an interest rate of 12% per annum, payable at the end of the one year term. The debenture holders may at any time convert, all, or any portion [...]
Nortec Minerals Corp. advises the Private Placement announced on November 13, 2018, could not be completed and expired on December 28, 2018. The Company is arranging a non-brokered private placement of convertible debentures in the principal amount of up to $750,000. The Debenture will mature on January 3, 2020 and bear interest at a rate of 12% per annum, payable at the end of the one year term. The debenture holders may [...]
Nortec Minerals Corp.. The company is pleased to announce the appointment of Jeffrey Selder, M. Eng., to the Board of Directors of the Company. Jeffrey has over 20 years of relevant industrial and small-scale mineral production and processing equipment experience in more than 10 countries ranging from the design and manufacture, to their actual use on site for mineral processing and fluid recovery. He has also [...]
Nortec Minerals Corp. is arranging a non-brokered private placement of up to 15,000,000 shares of the Company at a price of $0.05 per Share for gross proceeds of up to $750,000. The Shares will be distributed to purchasers in accordance with the rules and regulations of the Securities Act and TSX Venture Exchange policies. All Shares issued will be subject to a 4 month hold period from the date of issuance in accordance [...]
Nortec Minerals Corp. announces the completion of the NI 43-101 compliant Technical Report on the Tomboko Permit, Northeastern Guinea, West Africa. Dr. Serigne Dieng, Ph.D., AuSIMM is the author of the Technical Report. Dr. Dieng is a registered professional geoscientist in accordance with NI 43-101 and JORC standards. Dr. Dieng received his Ph.D. in Structural Geology, Exploration Geochemistry and Ore Deposit Genesis [...]