Latin American Minerals Inc. announces that its has closed its previously announced non-brokered private placement through the issuance of 100,000,000 common shares at a price of $0.015 per Common Share for gross proceeds of $1,500,000 . The proceeds of the Offering will be used to satisfy accounts payables and for general working capital purposes. In connection with the Offering, the Company paid certain eligible persons [...]
Latin American Minerals Inc. announces, further to its press release dated July 24, 2020, an amendment to the terms of the non-brokered private placement from special warrants to up to 100,000,000 common shares at a price of $0.015 per Common Share for gross proceeds of up to $1,500,000 . The proceeds of the Offering will be used to satisfy accounts payables and for general working capital purposes. Closing of the [...]
Latin American Minerals Inc. is pleased to announce a non-brokered private placement of up to 125,000,000 special warrants at a price of $0.01 per Special Warrant for gross proceeds of up to $1,250,000 . In connection with the Offering the Company intends to complete a consolidation of its common shares on the basis of one post-Consolidation Common Shares for each ten pre-Consolidation Commons Shares. Following the [...]
November 11, 2019 - TheNewswire - Toronto, Ontario - Latin American Minerals Inc. is pleased to announce that pursuant to the earn-in terms in the agreement between Griftco Corporation and the Company , the Company has agreed to an extension with the Vendors to extend the term of the first spending obligation to two years from one. In accordance with the Agreement, the Company has issued the Vendors an additional [...]
Latin American Minerals Inc. wishes to announce that, further to its press release dated June 26, 2019, the non-binding letter agreement dated May 8, 2019 with The Bullet ID Corporation to complete a business combination that would result in a reverse takeover of the Company, has been terminated in accordance with the provisions of the Letter Agreement effective immediately. Furthermore, no deposits or cash advances were [...]
Latin American Minerals Inc. announces that it has entered into a non-binding letter agreement dated May 8, 2019 with The Bullet ID Corporation , a private company that provides a modernized inventory management system for Government agencies globally, outlining the proposed terms and conditions pursuant to which the Company and Bullet have agreed to merge their respective businesses resulting in a reverse takeover of the [...]
Latin American Minerals Inc. is pleased to announce its intention to complete a geophysical work program on its Butt Township property in northeastern Ontario, Canada. The Company has signed a contract with a service provider, Generic Geo Inc., who will manage the work program. Proposed Work Program A two phase exploration program will be completed on the Property. The first phase will consist of high-resolution drone [...]
Latin American Minerals Inc. is pleased to announce the completion of a preliminary review of historical data on its Butt Township property and an initial proposed two-phase work program of approximately $200,000, staking of additional claims, and completion of the first option payment to the Property vendor. Property Summary and Highlights The Property consists of 133 mineral claims covering approximately 1,621 hectares [...]
Latin American Minerals Inc. announces that it has sold its 100% interest in its subsidiary Latin American Minerals S.A which controls 100% of the Paso Yobai Gold Project. The sale terminates all of the Company's rights and obligations related to the subsidiary. The subsidiary was sold to a local consortium. As referenced in the press release dated August 24th, as a result of the strategic review process, the board of [...]
Latin American Minerals Inc. announces that the board of directors of the Company together with its management team, has commenced a process to initiate a strategic review focused on maximizing shareholder value. The Company is also pleased to announce that it has entered into an option agreement with Griftco Corporation pursuant to which the Company has been granted the right to earn a 100% interest in the Butt Township [...]
Latin American Minerals Inc. is announcing the resignation of Greg Gibson from the board of directors of Latin American Minerals, effective August 1, 2018. The board of directors wishes to thank Mr. Gibson for his contribution to the company over the last two years About the Company Latin American Minerals Inc. is a mineral exploration and gold mining company which holds its core gold projects in Paraguay. Management has [...]
July 24, 2018 - Toronto, Ontario / TheNewswire / Latin American Minerals Inc. is announcing assay results from the final three holes of its 2018 exploration drill program at its Paso Yobai gold project in Paraguay. The program comprised of 24 holes totaling 5,400m at the Tacuru, Tacuru North and Moroti exploration targets. The Tacuru exploration target was first drilled in 2012. The gold intervals were hosted within a [...]
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