Indico Resources announces that it will implement the consolidation of its common shares in the capital of the Company on the basis of ten pre-consolidation Shares for every one post-consolidation Share effective as of January 24, 2025. The Company name will remain unchanged after the Consolidation. The new CUSIP number will be 455937201 and the new ISIN number will be CA4559372012 for the post-Consolidation Shares. The [...]
Indico Resources announces that it intends to consolidate the common shares in the capital of the Company on the basis of ten pre-consolidation Common Shares for every one post-consolidation Common Share. The Company currently has 11,314,907 Common Shares issued and outstanding, and following the Consolidation, the Company will have approximately 1,131,490 Common Shares issued and outstanding, prior to rounding for [...]
Indico Resources Ltd. announces that, pursuant to its news releases dated January 10, 2024, January 24, 2024 and September 27, 2024, it has closed the previously announced shares for debt transaction, pursuant to which the Company has converted an aggregate of $1,145,972.37 in debt owed to certain creditors of the Company for 7,639,815 common shares in the capital of the Company at a deemed issue price of $0.15 per Debt [...]
Indico Resources Ltd. announces that, pursuant to its news releases dated January 10, 2024 and January 24, 2024, it has amended the size of its ongoing shares for debt transaction . The Company had previously finalized and executed debt settlement agreements with certain creditors to settle an aggregate of $3,292,807 in debt accrued through a combination of services provided by the Creditors to the Company and outstanding [...]
Indico Resources Ltd. is pleased to announce that, pursuant to its news release dated January 10, 2024, it has finalized and executed debt settlement agreements with certain creditors to settle an aggregate of $3,292,807 in debt accrued through a combination of services provided by the Creditors to the Company and outstanding loans. In settlement and full satisfaction of the Debt, the Company has agreed to issue to the [...]
Indico Resources Ltd. is pleased to announce that, pursuant to its news releases dated November 29, 2023 and January 10, 2024, the Company has closed on a $60,000 convertible loan facility, in order to pay outstanding account and exchange related fees . The Convertible Loan carries an interest rate of 25% per annum, and will be payable on a date to be determined after the Company's next financing, but will be no later [...]
Indico Resources Ltd. is pleased to provide the following updates. Share Consolidation As detailed in the Company's information circular dated September 20, 2023 , the Company has applied to the TSX Venture Exchange to proceed with a share consolidation at a ratio of 40 pre-consolidated common shares in the capital of the Company to one post-consolidated Share. The effective date of the Consolidation will be January 17 [...]
Indico Resources today reports on certain proceedings in Peru related to certain claims made by Minera Andina de Exploraciones against Inversiones Minerales with respect to its Assignment and Mining Option Agreement of April 10, 2010. Minandex has asserted with a "deed of termination" in the Public Registry, Lima, Peru that the Company is in default of the Agreement. Indico believes these claims to be frivolous and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 29, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE:IDI) today announces that all resolutions proposed at its Annual General and Special Meeting held on July 29, 2016, were duly passed. Shareholders of Indico (the "Shareholders") passed a resolution to transfer [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 20, 2016) - Indico Resources Ltd. (the "Company") (TSX VENTURE:IDI) is pleased to announce that it has entered into a letter of intent (the "LOI") with Aruntani S.A.C. ("Aruntani") pursuant to which it will sell to Aruntani all of the shares of Indico Peru S.A.C. ("Indico Peru"), a wholly owned subsidiary of the Company, which has an irrevocable option to acquire all of the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 2, 2016) - Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE:IDI) is pleased to announce that the annual payment of US$2 million due in April 2016 towards the acquisition of a 100% interest in the Irmin Porphyry Copper-Gold Project has been made by our partners Aruntani SAC. Aruntani have completed dressing the road for regular use. They are now working on [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 25, 2015) - Indico Resources Ltd. ("Indico" or the "Company") (TSX VENTURE:IDI) is pleased to announce that all formal business as set out in the Company's information circular of its annual general and special meeting held on November 24, 2015 (the "Meeting") was tabled and approved. All of the proposed nominees were re-elected as directors of Indico to serve until the next [...]
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