White Mountain Completes $2 million Debt Funding with NEXO
Santiago, Chile--(Newsfile Corp. - March 24, 2016) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") is pleased to announce the completion of a $2,000,000 debt funding agreement with NEXO WMTM Holdings, LLC, a subsidiary of NEXO Capital Partners, LLC (collectively "NEXO").Under the terms of the Loan Agreement dated and entered into on March 16, 2016 (the "Loan Agreement"), the Company borrowed $2,000,000 from NEXO which was evidenced by a 7% Senior Convertible Promissory Note (the "Note")....
2016-03-24 6:00 AM EDT
White Mountain Publishes Chairman's Letter to Investors and Shareholders
Santiago, Chile--(Newsfile Corp. - July 21, 2015) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") is pleased to release and open Letter from the Chairman to all shareholders and investors referencing activities at its Cerro Blanco titanium project, located in Region 3, of northern Chile.Dear ShareholderAs part of the Company's continued commitment to keep shareholders and investors informed about developments and progress at White Mountain Titanium, I am delighted to provide another update of...
2015-07-21 3:35 PM EDT
White Mountain Not Affected by Recent Heavy Rainfall in the Atacama Region of Chile
Santiago, Chile--(Newsfile Corp. - March 27, 2015) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") reports that the recent heavy rainfall in the Atacama Region of northern Chile has not affected any aspects of the Company's Cerro Blanco project. All in country Company personnel have been accounted for. About White Mountain Titanium Corporation The Company holds mining concessions on the Cerro Blanco property currently consisting of 41 registered mining exploitation concessions and 34 mining exploration...
2015-03-27 12:07 PM EDT
White Mountain Arranges Corporate Update Investor Conference Call
Santiago, Chile--(Newsfile Corp. - December 8, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") is pleased to announce that, further to the news release of December 2, 2014, the Company is arranging to provide a corporate update through an Investor Conference Call scheduled for Thursday, December 11, 2014, at 9:00 AM Eastern Standard Time. Dial-in details for the Investor Conference Call are provided below. ...
2014-12-08 4:08 PM EST
White Mountain Provides Progress Update on Cerro Blanco Project and Gives Notice of Investor Conference Call
Santiago, Chile--(Newsfile Corp. - December 2, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") is pleased to provide a progress update on current activities at its Cerro Blanco Project, related corporate matters, and commentary on the paints and pigments industry. The Company also announces that it will host an Investor Conference Call on Thursday, 11 December 2014. Information for the call will be furnished prior to that date. Industry Perspective The global paints and pigments...
2014-12-02 2:47 PM EST
White Mountain Submits Second Round Report to Chilean Environmental Authority, and Chairman Issues Letter to Shareholders
Santiago, Chile--(Newsfile Corp. - October 30, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") reports that it has submitted its second round report to Chile's environmental authority, Servicio de Evaluación Ambiental ("SEA"). In April 2014, the Company completed and filed a written response with SEA to a first round of questions and comments posed during a public review of the Company's EIS application. On July 1, 2014, SEA sent the Company a second round of...
2014-10-30 6:00 AM EDT
White Mountain Appoints Chief Executive Officer and Chief Operating Officer
Santiago, Chile--(Newsfile Corp. - July 9, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") reports that on July 2, 2014, the Board of Directors of White Mountain Titanium Corporation, a Nevada corporation, appointed Kin Wong as the Chief Executive Officer to serve as the Company's principal executive officer. Mr. Wong has served as a director and Chairman of the Company since January 2014. Further to the above, the Board of Directors of the Company appointed...
2014-07-09 6:00 AM EDT
White Mountain Provides Further Update on EIS Progress and Corporate Funding
Santiago, Chile--(Newsfile Corp. - April 16, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") is pleased to provide a further update on the progress of its Environmental Impact Statement ("EIS") through the review process and to announce that it has received a further US$2 million in funding under terms set out in a Binding Memorandum of Understanding (the "MOU") entered into in December, 2013. Environmental - Further to the news release of March 31, 2014, a...
2014-04-16 6:11 AM EDT
White Mountain Operations and Personnel Unaffected by Earthquake in Chile
Santiago, Chile--(Newsfile Corp. - April 2, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") reports that yesterday's 8.2 magnitude earthquake in northern Chile has not affected its Cerro Blanco project. The earthquake epicenter, off-shore from the City of Iquique, was located approximately 1,200 kilometers due north, from the Company's project site in Region III of northern Chile. All in country Company personnel are safe and have been accounted for and there has been no material...
2014-04-02 10:40 AM EDT
White Mountain Provides Market, Project and Corporate Updates
Santiago, Chile--(Newsfile Corp. - March 31, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") is pleased to provide an update on titanium pigment and feedstock, a progress report on current activities at the Cerro Blanco Project (the "Project") and commentary on related corporate matters. Industry Perspective 2013 was a challenging year for the global paints and pigments industry with Western pigment producers facing high levels of cheaper finished products from Asia. According to industry sources, some over-supply...
2014-03-31 6:00 AM EDT
White Mountain Announces Appointment of New Directors
Santiago, Chile--(Newsfile Corp. - January 6, 2014) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") announces that as previously reported, on December 4, 2013, White Mountain Titanium Corporation (the "Company") entered into a Binding Memorandum of Understanding (the "MOU") dated December 3, 2013, with Grand Agriculture Investment Limited (the "Investor"), a company formed in Hong Kong and controlled by Kin Wong, a shareholder of the Company. The MOU provided that the Board of Directors would be...
2014-01-06 5:09 PM EST
White Mountain Secures US$ 10 Million Financing from Existing Shareholders for its Cerro Blanco Titanium Project
Santiago, Chile--(Newsfile Corp. - December 9, 2013) - White Mountain Titanium Corporation (OTCQB: WMTM) ("White Mountain" or the "Company") is pleased to announce that it has signed a Binding Memorandum of Understanding ("MOU") with a group of existing shareholders (the "Shareholder Group") to provide US$ 10 million in equity financing which the Company will use to complete the Environmental Impact Study ("EIS") and advance the Cerro Blanco project to Final Engineering Feasibility. The financing is comprised of two tranches: a...
2013-12-09 6:00 AM EST