Monarca Minerals Inc.

Recent News

  • Monarca Minerals - Completes Shares for Debt Transaction

    Toronto, Ontario--(Newsfile Corp. - September 9, 2020) -  Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), announces that is has completed the previously announced (July 28, 2020) shares for debt transaction to settle an aggregate of $301,324.90 owing to certain officers, directors and service providers of the Company through the issuance of an aggregate of 6,026,498 common shares of the Company at an implied issue price of C$0.05 per share. The Company determined to satisfy the indebtedness with common shares...

    2020-09-09 7:02 PM ET
  • Monarca Closes Oversubscribed C$3.0 Million Private Placement, Including a Lead Order from Palisades Goldcorp

    Toronto, Ontario--(Newsfile Corp. - August 20, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce is has closed the previously announced non-brokered private placement of units of the Company (the "Units") for gross proceeds of C$3,000,000 (the "Offering"). The Company issued a total of 60,000,000 Units of the Company at a price of C$0.05. Red Cloud Securities Inc. acted as a finder in connection with the Offering.Each Unit consisted of one common share of...

    2020-08-20 9:00 AM ET
  • Monarca Minerals Announce the Closing of the Sale of El Sol Project Agreement to Southern Silver Exploration Corp. and Appointment of Ms. Monica Ospina as Board Member

    Toronto, Ontario--(Newsfile Corp. - August 10, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce the closing of the definitive agreement with Southern Silver Exploration Corp. to sell El Sol project in Durango, Mexico.El Sol concession is a single 63ha claim located on the northwestern boundary of Southern Silver's projects the Bocona block of claims and is adjacent to the Area of the Cerro which hosts the four mineral deposits currently identified within the Cerro Las...

    2020-08-10 9:00 AM ET
  • Monarca Minerals - Shares for Debt Transaction and Stock Option Grant

    Toronto, Ontario--(Newsfile Corp. - July 28, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), announces that it is proposing to settle an aggregate of approximately $380,600.00 owing to certain officers and directors, and service providers to the Company through the issuance of an aggregate of approximately 7,612,000 Common Shares of the Company at an implied issue price of C$0.05 per Common Share. The Company determined to satisfy the indebtedness with common shares in order to preserve...

    2020-07-28 8:00 AM ET
  • Monarca Announces Upsize to Previously Announced Private Placement to C$3.0 Million

    Toronto, Ontario--(Newsfile Corp. - July 27, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that the Company will be increasing their previously announced non-brokered private placement to up to 60,000,000 units of the Company (the "Units") at a price of C$0.05 per Unit for gross proceeds of up to C$3,000,000 (the "Offering"). Each Unit shall consist of one common share of the Company (each a "Common Share") and one common share purchase...

    2020-07-27 8:00 AM ET
  • Monarca Announces C$2.0 Million Private Placement

    Toronto, Ontario--(Newsfile Corp. - July 23, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce a non-brokered private placement of up to 40,000,000 units of the Company (the "Units") at a price of C$0.05 per Unit for gross proceeds of up to C$2,000,000 (the "Offering"). Each Unit shall consist of one common share of the Company (each a "Common Share") and one common share purchase warrant (each a "Warrant"). Each Warrant will be exercisable...

    2020-07-23 3:08 PM ET
  • Monarca Minerals Inc. Announces Closing of Non-Brokered Private Placement of Convertible Debentures

    Toronto, Ontario--(Newsfile Corp. - June 19, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") announces that it has completed a non-brokered private placement of $1,015,445 principal amount of unsecured convertible debentures (the "Convertible Debentures"). The Convertible Debentures bear interest at a rate of 12% per annum payable annually in arrears on October 9th and mature on October 9, 2022. The Convertible Debentures are convertible into common shares of the Company at a price of $0.075...

    2020-06-19 4:54 PM ET
  • Monarca Minerals - Cease Trade Order Lifted

    Toronto, Ontario--(Newsfile Corp. - May 14, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), announces that the Cease Trade Order imposed by the British Columbia Securities Commission (BCSC) on April 8, 2020 has been revoked and its common shares have resumed trading on the TSX Venture Exchange.The Cease Trade Order issued by the BCSC was lifted after the Company filed its annual audited financial statements, annual management's discussion and CEO and CFO certifications for the year...

    2020-05-14 3:13 PM ET