Mogotes Metals is pleased to announce that it has entered into an agreement with Stifel Canada pursuant to which Stifel Canada will act as sole bookrunner, together with a syndicate of underwriters, in connection with a "bought deal" private placement offering of 31,250,000 units of the Company at a price of C$0.32 per Unit for aggregate gross proceeds of C$10,000,000, with the Units to be offered and sold pursuant to the [...]
Mogotes Metals is pleased to announce that, further to today's press release and due to investor demand, the Company has upsized its non-brokered private placement to up to 86,792,452 units at a price of $0.265 per Unit for aggregate gross proceeds of up to C$23,000,000. Each Unit shall be comprised of one common share and one-half of one Common Share purchase warrant. Each Warrant shall entitle the holder thereof to [...]
Mogotes Metals is pleased to announce a non-brokered private placement through the issuance of 71,698,113 units at a price of $0.265 per Unit for aggregate gross proceeds of up to C$19,000,000. Each Unit shall be comprised of one common share and one-half of one Common Share purchase warrant. Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.53 per Common Share for a period of [...]
Mogotes Metals Inc. is pleased to announce that the Company has issued 2,310,579 common shares in the capital of the Company to Compañía Minera del Pacifico S.A. pursuant to the terms of the mining option and exploration contract between CMP, the Company and Mogotes Metals Chile SpA, a subsidiary of the Company, to satisfy a portion of the payment due to CMP within 12 months of signing of the Option Agreement. The Common [...]
Mogotes Metals is pleased to announce that drilling of key priority targets has started on the Company's Filo Sur project located directly south of the large BHP/Lundin Filo Del Sol Cu-Au-Ag resource1. Mogotes intends to drill from the selection of high priority targets for Porphyry Copper and High Sulfidation Epithermal gold - silver mineralization outlined by the company's exploration programs starting at the Stockwork [...]
Mogotes Metals Inc. is pleased to announce that it has issued an aggregate of 4,687,500 common shares in the capital of the Company to Golden Arrow Resources Corp. to complete its acquisition of 100% interest in the Filo Sur project pursuant to an agreement between the Company and Golden Arrow dated February 10, 2025 , which amended the previously executed earn-in agreement. The Common Shares were issued at a price of at [...]
Mogotes Metals Inc. is pleased to announce that drilling of key priority targets will commence in the coming weeks on the Company's Filo Sur project. The project and targets are located on trend to the south of the large BHP/Lundin Filo Del Sol resource1 and the Company intends to drill from the selection of high priority targets for Porphyry Copper and High Sulfidation Epithermal gold - silver mineralization . Figure 1 [...]
Mogotes Metals Inc. announces that it has granted an aggregate of 3,535,000 stock options to purchase common shares in the capital of the Company exercisable at a price of $0.31 per common share for a period of two years to certain directors, officers, employees and consultants of the Company. The common shares issuable upon exercise of the options are subject to a four month hold period from the original date of grant [...]
Mogotes Metals Inc. wishes to provide an update and clarifying disclosure regarding its option agreement dated July 29, 2025 , with Ingenieria e Inversiones Cerro Dorado Limitada and Mogotes Metals Chile SPA pursuant to which, the Company was granted an option to purchase 100% of certain mining concessions known as "La Perla Uno a Diez," located in the municipality of Tierra Amarilla, Province of Copiapó, Atacama Region [...]
Mogotes Metals Inc. is pleased to announce that, further to its press releases of June 2, 2025, June 16, 2025, July 7, 2025 and July 14, 2025, the Company has received final approval of the TSX Venture Exchange with respect to the Company's non-brokered private placement of 111,200,000 units for aggregate gross proceeds of $22,240,000 . In connection with final approval of the Offering, proceeds of $3,737,933.20 have been [...]
Mogotes Metals Inc. is pleased to announce that integrated processing of Mogotes 2025 and 2023 IP/MT geophysical data has delivered a compelling 3D geophysical model that outlines a series of compelling large-scale anomalies within the Company's Filo Sur project. The geophysical anomalies are located directly on trend to the south of the large BHP/Lundin Filo Del Sol resource1 and represent high priority Mogotes drill [...]
Mogotes Metals Inc. is pleased to announce that, further to its press releases of June 2, 2025, June 16, 2025 and July 7, 2025, the Company has closed the third and final tranche of its non-brokered private placement through the issuance of 1,200,000 units at a price of $0.20 per Unit for aggregate gross proceeds of $240,000 . The total proceeds raised from all three tranches of the Offering is $22,240,000, including the [...]