The Company announces its intention to complete a bridge loan of a minimum of $500k to a maximum of $1.4M with accredited investors. The bridge loan will bear a 15% interest per annum and will mature 12 months from the closing date. The funds will be used to make property payments for 2012 and for working capital purposes. At maturity date or [...]
QUEBEC CITY, QUEBEC -- (Marketwire) -- 02/10/12 -- Plexmar Resources Inc. (TSX VENTURE: PLE) wishes to update it shareholders on the following:
Bolsa del Diablo project
For the past 6 months, Trece Barras representatives have been very active in the community and have gathered a lot of support for the proposed social program and the economic
Plexmar announces that it is applying to the TSX Venture Exchange to extend the term of 11,066,667 common share purchase warrants originally issued on August 3, 2010, as part of a non brokered private placement of its securities. The Corporation is seeking an extension of the term of the original expiry date of Feb.3 2012 to Feb.3, 2013. All other [...]
QUEBEC, QUEBEC CITY -- (Marketwire) -- 12/06/11 -- Plexmar Resources Inc. (TSX VENTURE: PLE) wishes to announce that the Malin plant is currently operating and producing from its two operating lines. The flotation line is currently processing polymetallic ores on a custom milling basis and the leaching line is processing gold ores that are
QUEBEC CITY, QUEBEC -- (Marketwire) -- 08/26/11 -- Plexmar Resources Inc. (TSX VENTURE: PLE) wishes to announce today that on August 16th, 2011, in Las Lomas, Peru, a meeting was held between leaders and authorities from the Pampa Larga community and representatives of Trece Barras. The purpose of the meeting was to debate and, if deemed
QUEBEC CITY, QUEBEC -- (Marketwire) -- 07/25/11 -- Plexmar Resources Inc. (TSX VENTURE: PLE) announces that it has completed a private offering for a gross amount of $417,000. A total of 5,212,500 units (the 'Units') at a price of $0.08 per Unit will be issued. Each Unit is comprised of one Plexmar common share and one common share purchase
QUEBEC CITY, QUEBEC -- (Marketwire) -- 07/13/11 -- Plexmar Resources Inc. (TSX VENTURE: PLE) announces that from February to the end of June, the production at the Malin plant was limited to small quantities of polymetallic ores as a result of delays to receive the permits for transport and storing of chemicals. These have now been issued by the
QUEBEC CITY, QUEBEC -- (Marketwire) -- 02/24/11 -- Plexmar Resources Inc. (TSX VENTURE: PLE) announces that the gold circuit at the Malin plant will begin its operations in approximately 15 days.
The initial capacity of the circuit is 70 tonnes per day which will be increased to 100 tonnes per day in July 2011. Gold bearing ores are currently
QUEBEC CITY, QUEBEC -- (Marketwire) -- 01/20/11 -- Plexmar Resources Inc. (TSX VENTURE: PLE) is pleased to announce that the Joint Venture Company operating the Malin plant has officially began the milling operations on January 10th,2011. Initially the plant is processing 3,500 metric tonnes of silver (6,9 ozs/ton Ag) and antimony (5,8% Sb) ores
QUEBEC CITY, QUEBEC -- (Marketwire) -- 12/09/10 -- Plexmar Resources Inc. (TSX VENTURE: PLE) is pleased to announce that it has completed today a private offering for a gross amount of $1,536,000. The offering is the second and final tranche of a private offering, a total of 25,600,000 units (the 'Units') at a price of $0.06 per Unit will be
QUEBEC CITY, QUEBEC -- (Marketwire) -- 11/25/10 -- Plexmar Resources Inc. (TSX VENTURE: PLE) is pleased to announce that the Joint Venture Company operating the Malin plant has received the resolution from the Regional Government of the La Libertad Department confirming the approval of the Environmental Impact Study. This resolution is the base
QUEBEC, QUEBEC -- (Marketwire) -- 08/10/10 -- Plexmar Resources Inc. (TSX VENTURE: PLE) is pleased to announce that it has been informed by Iimpul Peru S.A.C. that the second milestone of the services contract signed on last July 12 (See press release of July 12 2010), has been reached; the Malin plant has processed at least 90 metric tons per
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