Vendetta Mining Corp. is pleased to announce that the Company has closed the second tranche of its non-brokered private placement announced on December 9, 2021 . Under the second tranche, the Company issued 54,206,060 common shares of the Company at a price of $0.0825 per Share to Singapore J&Y Investment PTE. Ltd. for gross proceeds of $4,472,000. The Shares are subject to a four month and one day hold period expiring on [...]
Vendetta Mining Corp. is pleased to announce that the Company has completed the repayment of the loan advanced to the Company by Nebari Natural Resources Credit Fund I, LP pursuant to a loan agreement dated May 9, 2019, as amended August 31, 2019 and April 30, 2021 . The Company paid an aggregate amount of US$1,806,492 to Nebari in full satisfaction of all amounts outstanding, including all accrued interest, on the Loan [...]
Vendetta Mining Corp. is pleased to announce that the Company has closed the first tranche of its non-brokered private placement announced on December 9, 2021 . The Company issued 5,454,545 common shares of the Company at a price of $0.055 per Share to Singapore J&Y Investment Pte. Ltd. for gross proceeds of $300,000. The Shares are subject to a four month and one day hold period expiring on April 22, 2022. The Company [...]
Vendetta Mining Corp. is pleased to announce that Singapore J&Y Investment Pte. Ltd. has agreed to make an investment in Vendetta for a total of $4,772,000. The Company and Investor intend that the investment will occur by way of non-brokered private placement anticipated to close in two tranches. The first tranche of the Private Placement will be comprised of 5,454,545 common shares of the Company at a price of $0.055 [...]
Vendetta Mining Corp. is pleased to announce the drill results from the 2021 Zone 5 Exploration drilling program on the Pegmont Lead-Zinc project in Queensland. Zone 5 Highlights: PVRD207: 9.00 metres of 15.24 % Pb+Zn ; 4.65 metres of 13.03% Pb+Zn ; PVRD201: 6.02 metres of 10.99% Pb+Zn ; PVRD202: 5.81 metres of 7.97% Pb+Zn ; PVRD203: 7.97 metres of 8.45% Pb+Zn ; and PVRD204: 4.22 metres of 11.27% Pb+Zn Significant results [...]
Vendetta Mining Corp. is pleased to announce that is has closed the second tranche of its non-brokered private placement. Combined with the first tranche of the private placement a total of 18,565,440 units were issued at a price of $0.05 per unit for gross proceeds of $928,272. Each Unit comprises of one common share and one half of one common share purchase warrant exercisable for three years at a price of $0.07. All [...]
Vendetta Mining Corp. is pleased to announce that it is increasing its previously announced private placement from 10,000,000 units to 15,000,000 units . The Company has closed the first tranche of the Private Placement with a total of 10,615,000 units being issued at a price of $0.05 per Unit for gross proceeds of $530,750. Each Unit comprises of one common share and one half of one common share purchase warrant [...]
Vendetta Mining Corp. is pleased to announce that it has entered into an option agreement to acquire 100% of the Killer Bore exploration concession 5 km from the Companies 100% owned Pegmont Lead-Zinc project in Queensland, Australia. Killer Bore exploration permit includes two non-contiguous blocks for a total of 1,550 ha. The location of the Killer Bore tenement and Pegmont and mineralisation is show in Figure 1. The [...]
Vendetta Mining Corp. is pleased to announce that a ten hole drilling program will commence in late July at the Company's 100% owned Pegmont Lead-Zinc project in Queensland. A two hole program was completed late 2020 as part of a Queensland Government Collaborative Exploration Initiative, one of those holes PVRD196, located in Zone 5, intersected 8.42 m @ 7.07% Pb, 5.98% Zn and 9 g/t Ag between 161.10 and 169.52 m down [...]
Vendetta Mining Corp. is pleased to announce a non-brokered private placement of up to 10,000,000 units at a price of $0.05 per Unit for gross proceeds of $500,000. Each Unit will be comprised of one common share and one-half of one common share purchase warrant exercisable for three years at a price of $0.07 per share. The private placement is subject to the approval of the TSXV and the securities will be subject to a [...]
Vendetta Mining Corp. is pleased to announce that it has extended the maturity of the Company's loan with Nebari Natural Resources Credit Fund I LP to December 31, 2022. The adjusted material terms of the financing as set forth in the term sheet, include the following: Repayment of the current principal amount of US$1,957,794 extended to December 31, 2022. Principal repayment "holiday" until December 31, 2021, when [...]
Vendetta Mining Corp. announces that the Company has entered into debt settlement agreements with two arms' length creditors of the Company, pursuant to which it will settle aggregate debt of approximately $100,292.16. Under the terms of the first debt settlement agreement, the Company has agreed to settle debt in the amount of $44,625.00 through the issuance of 686,538 common shares in the capital of the Company at a [...]