Valterra Resource Corp. reported today that it plans to issue up to 12,000,000 units at $0.10 per unit in a private placement for total gross proceeds of CDN$1,200,000. Each unit will consist of one common share and one-half share purchase warrant, with each full warrant exercisable for two years with the right to purchase one common share at an exercise price of $0.15 per share. Finders' fees and commissions may be paid [...]
Valterra Resource Corp. reported today that results from its recently completed surface sampling and a DCIP geophysical program on the Los Reyes Cu-Au project, southern Chihuahua, Mexico has identified several new priority drill targets. The surface program comprised a 4.8 line kilometre 2D/3D DCIP geophysical survey and detailed surface mapping and sampling along an 800 metre strike length of a Cu-Au skarn target forming [...]
Valterra Resource Corp. reported today that crews have mobilized for a surface exploration program on its Los Reyes Cu-Au project, southern Chihuahua, Mexico. The surface program comprises an approximate 4.8 line kilometre IP geophysical survey, detailed surface mapping and sampling along an approximate 600 metre strike length of a Cu-Au skarn target forming the eastern contact between a Tertiary-age granodiorite [...]
Valterra Resource has closed the final tranche of its previously reported private placement by issuing 10,703,400 units at a price of $0.025 per unit for gross proceeds of $267,585. In total, the Company has now closed 14,603,400 units in two tranches for total gross proceeds of $365,085. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period [...]
Valterra Resource Corporation reported today that the Company has received approval from the TSX Venture Exchange to extend the closing date by 30 days from the date of this news release. The Offering, which was initially announced on May 29th, 2019, consists of up to 15,000,000 units at a price of $0.025 per unit for a total of $375,000, with an over-allotment Greenshoe option to increase the Offering by up to 10%. Each [...]
Valterra Resource Corp. has closed the first tranche of its previously reported private placement by issuing 3,900,000 units at a price of $0.025 per unit for gross proceeds of $97,500. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of four years at an exercise price of $0.05 per common share. Securities issued pursuant to this tranche [...]
Valterra Resource Corp. reported today that the Company has received approval from the TSX Venture Exchange to extend the closing date by 30 days from the date of this news release. The Offering, which was initially announced on May 29th, 2019, consists of up to 15,000,000 units at a price of $0.025 per unit for a total of $375,000, with an over-allotment Greenshoe option to increase the Offering by up to 10%. Each Unit [...]
Valterra Resource Corp. reported today that it plans to issue up to 15,000,000 units at $0.025 per unit in a private placement for total gross proceeds of $375,000. Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable for four years with the right to purchase one common share at an exercise price of $0.05 per share. Finders' fees and commissions may be paid by Valterra [...]
Valterra Resource Corp. reported today that Ginguro Gold Pty Ltd has signed a Letter of Intent with Valterra to acquire an 80% interest in the Weepah Property, located in Walker Lane Gold Belt, Esmeralda County, Nevada. Ginguro may acquire an 80% undivided interest in the Property free and clear of any encumbrances by paying Valterra $10,000 upon execution of the Letter of Intent and incurring $1,050,000 in cumulative [...]
Valterra Resource Corp. reports that in addition to previous permit approvals for the Weepah, Nevada and Swift Katie, British Columbia projects, the Company has now received an exploration permit approval for its Los Reyes Cu-Au Property in Chihuahua, Mexico. The Los Reyes Property is well located only 12 kilometres south of the city of Jimenez and adjacent to highway, power and rail. It is strategically located along a [...]
Valterra Resource has entered into an agreement to acquire the Los Reyes Property in Chihuahua. The property consists of two claims totalling 45ha which cover a highly prospective Cu-Au Skarn target within the Faja de Plata of north-central Mexico, one of the world's most productive regions for polymetallic Skarn and Carbonate Replacement Deposits. Terms of the deal: Valterra, through its wholly-owned Mexican subsidiary [...]
Valterra Resource Corporation reports that all ordinary resolutions placed before the annual general meeting held on May 29, 2018 were passed. Smythe LLP, Chartered Accountants were re-appointed as auditors of Valterra and the Company's rolling stock option plan was approved. Shareholders re-elected directors Lawrence Page, Q.C., Edward Odishaw, Barry Schindel, Brian McGrath, Nigel Bunting, Donald Head and Joseph A [...]