Veta Resources Announces High-grade Au and Ag from Surface Rock Sampling (up to 48.69 g/t Au and 629 g/t Ag), Enters Mining Option Agreement, Increases Land Position, and Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - October 11, 2018) - Veta Resources Inc. ("Veta" or the "Company") is pleased to report that it has received very encouraging high grade Au - Ag assay results (up to 48.69 g/t Au and 629 g/t Ag) for its initial sampling and mapping program on the JOY East and JOY West properties (the "JOY Properties") located approximately 200km south of Santiago in the Southern Coastal Range of Chile. JOY East Sampling Program Veta collected 59 surface rock grab and chip...
2018-10-11 10:30 AM EDT
Veta Resources Inc. Closes Second Tranche of Private Placement of Common Shares
Toronto, Ontario--(Newsfile Corp. - August 23, 2018) - Veta Resources Inc. (the "Company" or "Veta") is pleased to announce that it has closed the second tranche of its non-brokered private placement through the issuance of 1,000,000 common shares ("Common Shares") at a price of $0.15 per Common Share for gross proceeds of $150,000 (the "Offering"). The proceeds of the Offering will be used for general working capital purposes. The Common Shares issued pursuant to the Offering are subject to...
2018-08-23 2:44 PM EDT
Veta Resources Inc. Closes Private Placement of Common Shares
Toronto, Ontario--(Newsfile Corp. - July 12, 2018) - Veta Resources Inc. is pleased to announce that it has closed its non-brokered private placement by issuing 5,806,731 common shares ("Common Shares") at a price of $0.15 per Common Share for gross proceeds of $871,009 (the "Offering"). The proceeds of the Offering will be used for general working capital purposes. The securities issued pursuant to the Offering are subject to a hold period expiring on November 12, 2018. Certain eligible...
2018-07-12 1:01 PM EDT
Veta Resources Inc. Announces Debt Settlement
Toronto, Ontario--(Newsfile Corp. - June 19, 2018) - Veta Resources Inc. is pleased to announce that it has completed a debt settlement whereby it has satisfied $125,000 of trade payables through the issuance of 1,250,000 common shares of the Company ("Common Shares") and issued 750,000 Common Shares to the Chief Executive Officer of the Company in connection with past services provided. Prior to the completion of the issuance of Common Shares, Mr. Jennings, owned 850,000 Common Shares,...
2018-06-19 6:00 PM EDT
Southeast Asia Mining Corporation Announces Name Change and Consolidation
Toronto, Ontario--(Newsfile Corp. - June 8, 2018) - Southeast Asia Mining Corporation is pleased to announce that it has amended its articles of incorporation to change its name to Veta Resources Inc. ("Veta" or the "Company") and to consolidate its common shares on a 1 for 10 basis. The name change and consolidation were approved by shareholders of the Company at the Annual and Special Meeting of Shareholders held on December 7, 2017. No fractional common shares will be issued pursuant to...
2018-06-08 8:43 AM EDT
Southeast Asia Mining Options Two Properties in Southern Chile
Toronto, Ontario--(Newsfile Corp. - April 12, 2018) - Southeast Asia Mining Corp. ("SEA" or the "Company") announces that it has entered into two Letters of Intent for properties located in southern Chile. The properties are referred to as the JOY West and JOY East properties ("JOY Properties" or the "Properties") and together represent a land package of approximately 3,450 hectares, or approximately 34.5 km2. The JOY Properties host numerous structurally-controlled quartz veins that have...
2018-04-12 8:00 AM EDT
Southeast Asia Declares Return of Capital
Toronto, Ontario--(Newsfile Corp. - December 8, 2017) - Southeast Asia Mining Corp. ("SEA" or the "Company") announces that, as authorized by the shareholders of the Company at its annual and special meeting of shareholders held today, the board of directors of SEA have approved the payment of a return of capital to shareholders in the amount of CDN$0.009 per common share. The return of capital will be payable on or about December 21, 2017, to shareholders of record as of the close of...
2017-12-08 2:47 PM EST
Southeast Asia Converts Debt to Equity
Toronto, Ontario--(Newsfile Corp. - April 26, 2017) - Southeast Asia Mining Corp. ("SEA" or the "Company") announces that it has completed a debt restructuring whereby it has converted $687,647 of trade debt into 13,752,939 common shares ("Common Shares") of the Company and converted all outstanding debentures in the principal amount of $942,000 into 18,840,000 Common Shares on April 21, 2017 (the "Debt Settlement"). Also, the Company issued 7,500,000 Common Shares to the Chief Executive...
2017-04-26 12:30 PM EDT