Mammoth Resources Corp. would like to announce a non brokered private placement of up to 6,000,000 common shares of the Company at an offering price of $0.10/share, pricing of which represents a 20% discount from the 5-day volume weighted average share price of $0.13 per share and a 15% discount from the 10-day VWAP of $0.12 per share of Mammoth shares trading on the TSX Venture Exchange . The use of proceeds from this [...]
Mammoth Resources Corp. is pleased to announce that Mexican environment ministry; Secretaría del Medio Ambiente y Recursos Naturales has approved Centerra’s previously announced drill permit application on Mammoth’s 100% owned Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico. Following this drill permit approval and the recently announced two year surface access agreements [...]
Mammoth Resources Corp. is pleased to announce that following a community meeting held yesterday, December 20, 2020, the second of the two communities upon which the Company’s 100% owned Tenoriba gold-silver exploration project resides, voted in favour of a two-year surface access agreement to conduct exploration activities at Tenoriba. The first of the two ejidos had previously granted authorization to conduct such [...]
Mammoth Resources Corp. is pleased to announce that for those who may not have been able to attend the live Mines and Money "5@5" panel discussion recorded live last Thursday November 5th, focused on gold and the US election results, including Mammoth President and CEO Thomas Atkins discussing Mammoth's Tenoriba gold-silver project located in the Sierra Madre precious metal belt is available on replay. Thomas Atkins [...]
Mammoth Resources Corp. is pleased to announce that it has reached agreement to extend surface access for a two year period with one of the two communities which oversee surface access to its Tenoriba gold-silver project located in the Sierra Madre precious metal belt, southwestern Chihuahua State, Mexico. Mammoth is scheduled to meet with the administrative board and members of the second ejido in the next two weeks and [...]
Mammoth Resources Corp. is pleased to provide an update on its activities related to the transfer of operatorship and 100 percent ownership of the Tenoriba gold-silver project located in the Sierra Madre precious metal belt, southwestern Chihuahua State, Mexico. Following the notice given Mammoth by Minera Centerra S.A. de C.V., the Mexican subsidiary company of Centerra Gold Inc. , whereby Mammoth announced on September [...]
Mammoth Resources Corp. announces that it has received notification from Minera Centerra S.A. de C.V., the subsidiary company of Centerra Gold Inc. , with which Mammoth signed an option agreement to explore Mammoth's 100% owned Tenoriba gold-silver exploration project located in southwestern Chihuahua State, Mexico, that Centerra has made the decision to cease exploration activities in Mexico, including at Tenoriba. In a [...]
Mammoth Resources Corp. , would like to announce that following the filing yesterday of its audited year-end January 31, 2020 financial statements and MD&A, such delay in filing which occurred under the exemption granted on March 18, 2020 by Canadian securities regulatory authorities which provided coordinated relief consisting of a 45-day extension for certain periodic filings required to be made on or prior to June 1 [...]
Mammoth Resources Corp. , is pleased to announce that it has closed its previously announced non-brokered private placement of up to 4,035,715 shares issued at a price of $0.035 per Common Share for total gross proceeds of $141,250, and that due to demand for this Private Placement the size was increased to 4,785,000 Common Shares issued at a price of $0.035 per Common Share for total gross proceeds of $167,475. Proceeds [...]
Mammoth Resources Corp. , is pleased to announce that following investor enthusiasm for its recently announced private placement , the Company is increasing the size of the private placement by $10,000 for a total of up to 4,035,715 shares issued at a price of $0.035 per share for total gross proceeds of $141,250. This Private Placement is conducted in reliance upon British Columbia Instrument 45-534 , which permits an [...]
Mammoth Resources Corp. , is pleased to announce that following a suspension of exploration activities due to COVID-19 related social restrictions, Centerra Gold Inc. personnel have returned to Mammoth's Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico. Mammoth would also like to announce a non brokered private placement of up to 3,700,000 [...]
Mammoth Resources Corp. is pleased to announce that Centerra Gold Inc. has extended its option into 2020 to explore Mammoth's Tenoriba precious metal, gold-silver property located in the prolific Sierra Madre precious metal belt in southwestern Chihuahua State, Mexico under the terms of the Agreement previously announced on December 20, 2018. Under the terms of the Agreement, Centerra has the option to acquire up to a 70 [...]