Cerro de Pasco Resources Inc. announces that it is relying on the exemptions provided in Decision 2020-PDG-0034 of the Autorité des marchés financiers and similar exemptions provided by members of the Canadian Securities Administrators in each of the provinces and territories of Canada, to delay the filings of its executive compensation disclosure for the year-ended December 31, 2019 and to delay the requirements to send [...]
Cerro de Pasco Resources Inc. closed the first tranche of a non-brokered private placement offering for a gross proceeds of $1,147,950 and issued 3,826,500 common share units of the Company at a price of at a price of $0.30 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder to purchase one additional Share at a price of $0.50 per [...]
Cerro de Pasco Resources intends to complete a $2,000,000 non-brokered private placement offering of up to 6,666,666 units of the Corporation at a price of $0.30 per Unit. Each Unit will consist of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to acquire one common share of the Company for 24 months from the closing of the Offering at a price of $0.50. The [...]
Cerro de Pasco Resources has released its audited condensed consolidated financial statements accompanied by the management's discussion and analysis for the year ended in December 31, 2019. The documents have been filed electronically with SEDAR and will be available on the Corporation's website. The Corporation also outlines its 2020 Strategic Objectives: Complete the acquisition of the Cerro de Pasco Mine with Volcan [...]
Cerro de Pasco Resources Inc. is postponing filing of its annual financial statements, management's discussion and analysis for the year ended December 31, due to logistics and delays caused by the COVID-19 pandemic. CDPR is relying on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of its annual documents required by National Instrument 51-102 prior to [...]
Cerro de Pasco Resources Inc. is pleased to provide the following update. On April 9th / 10th of this week the Government of Peru announced a nationwide full-day curfew, this action followed on from the State of Emergency that was previously announced on March 15th, subsequently extended to April 12th. These actions contain stringent measures designed to control the spread of the Coronavirus. After April 12th, with the [...]
Cerro de Pasco Resources Inc. is pleased to provide the following update. CDPR and Volcan Compa ia Minera S.A.A. have agreed to extend the closure date of CDPR's acquisition of the Cerro de Pasco Mine , described below, until June 27th, 2020. The Company's management continues to advance towards a successful closing. Following measures taken by both the Quebec and Peruvian governments, aimed at preventing the further [...]
Cerro de Pasco Resources Inc. is pleased to provide investors with the following update. On November 28, 2019, the Company announced the execution of a definitive share purchase agreement dated November 27, 2019 with Volcan Compañia Minera S.A.A. and its subsidiaries , whereby CDPR will acquire all of the issued shares of Oxidos de Pasco S.A.C. , Empresa Administradora de Cerro S.A.C and Remediadora Ambiental [...]
Cerro de Pasco Resources Inc. is pleased to announce that it has executed a definitive share purchase agreement dated November 27, 2019 with Volcan Compañia Minera S.A.A. and its subsidiaries , whereby CDPR will acquire all of the issued shares of Oxidos de Pasco S.A.C. , Empresa Administradora de Cerro S.A.C and Remediadora Ambiental S.A.C. . The arm's length transaction will provide CDPR ownership and operation [...]
Cerro de Pasco Resources Inc. announces that following the September 15th Quiulacocha Rural Community's decisive vote in favor of CDPR and numerous subsequent meetings, it finally signed a Definitive Agreement with the Quiulacocha Rural Community before the notary of Pasco, Julio Blas Alipázaga, dated yesterday, October 16th, 2019. The Agreement provides CDPR with rights of use over 77.54 ha. held by the [...]
Cerro de Pasco Resources Inc. announced today that the Quiulacocha Community has voted decisively in favor of CDPR's tailings reprocessing plan. This represents a crucial step towards achieving the required social license and key permits. Perhaps more important than any legal authorization, the landmark vote reinforces the Company's partnership with the communities. It enables CDPR to remove and reprocess mining waste at [...]
Cerro de Pasco Resources Inc. reports that the Provincial Mayor of Pasco, Marco De La Cruz invited CDPR to present the merits of reprocessing tailings and mineral waste together with environmental remediation. The initiative coincided with strong expectation that the CDPR project will begin soon and subsequently lead to major investments in Cerro de Pasco. The Provincial Municipality meeting took place on August 27, 2019 [...]