Camrova Resources Inc. wishes to provide an update in respect of its proposed slag processing project in Chile. The Company has entered into an amending agreement with Sociedad Asesorias Comerciales e Inversiones MAYG SpA in respect of the proposed acquisition by the Company of all of MAYG's rights, title and interest in a slag agreement dated February 18, 2019 between MAYG and Anglo American Sur S.A. The amending [...]
Camrova Resources Inc. is pleased to announce a number of initiatives to further the completion of its proposed slag processing project in Chile. Camrova is actively focused on the completion of a potential transaction which could result in near term copper revenues to the Company from the sale of copper concentrates produced by flotation of slag coming from Anglo American’s Chagres smelter. Acquisition of Slag Agreement [...]
Camrova Resources Inc. wishes to announce the expected timing of holding its annual general meeting of shareholders in 2020 the filing of its executive compensation disclosure and the Las Vacas asset purchase agreement due to the COVID-19 pandemic. Camrova expects to hold its AGM prior to the end of December, 2020 at a time when COVID-19 travel restrictions have been relaxed. The Las Vacas APA expired on June 1 2020 [...]
Camrova Resources Inc. announces that the Right of First Offer to sell its shares of MMB delivered to the other shareholders of MMB and expiring on April 15, 2020 will not be exercised. Kores and the KBC have advised that they do not wish to acquire the shares. Camrova is now free to offer it’s 7.07 % shareholding of MMB to all interested parties. The shares are to be sold for an amount more than the offering price [...]
Camrova Resources Inc. is pleased to announce that it has entered into an agreement with Compañia Minero Don Alberto S.A. to acquire for a payment of US$ 3.6 million, the Las Vacas flotation plant located near Illapel, Chile. Camrova plans to use this 24kt/m plant to process smelter slag produced by the El Chagres Smelter of Anglo American Sur S.A. located near Catemu. Mr Tom Ogryzlo, interim CEO, said in a [...]
Camrova Resources Inc. announced today that it has changed its auditors from PricewaterhouseCoopers LLP to Wasserman Ramsay effective February 12, 2020. At the request of the Corporation, the Former Auditor resigned as the auditor of the Corporation effective February 12, 2020 and the board of directors of the Corporation appointed the Successor Auditor as the Company's auditor effective February 12, 2020, until the next [...]
Camrova Resources Inc. wishes to announce the successful completion of internal and third-party due diligence for its proposed acquisition of the Las Vacas flotation plant owned by Compañia Minero Don Alberto S.A.. The Las Vacas Plant is located near Illapel, Chile approximately 160 km north of the El Chagres Smelter owned by Anglo American Sur S.A. , that has a long operating history. Upon closing of the proposed [...]
Camrova Resources Inc. is pleased to advise that Wolf Seidler, Director and Tom Ogryzlo, Interim CEO attended meetings of both the Board of Directors and Shareholders of Minera Metalurgica Del Boleo, S.A.P.I. De C.V. held in Sta. Rosalia on May 14, 2019. Camrova is invited to attend Board Meetings as an observer with voice but no vote and is entitled to receive the same documentation that is provided to Board Members [...]
Camrova Resources Inc. is pleased to announce that the Company has finalized the terms of an asset purchase agreement with Asesoria y Inversiones MAYG SpA to acquire all of the rights and obligations arising from the Slag Agreement. The Company has also completed its third tranche of the Private Placement , raising total proceeds of $73,000. These funds will be used to pay the costs associated with the Asset Purchase [...]
Camrova Resources Inc. announces that it has issued 200,000 common shares and 200,000 common share purchase warrants in the second tranche of the previously announced private placement of units of the Company for proceeds of $12,000. This brings the total raised in the first two tranches of the Private Placement to 1,096,667 common shares and 1,096,667 Warrants for total combined proceeds of $65,800. The third and final [...]
Camrova Resources Inc. announces that it has closed $53,800 in the first tranche of the previously announced private placement of units of the Company. Each Unit consists of one common share of Camrova and one common share purchase warrant . Each Warrant will be exercisable into one common share for a period of two years at a price of $0.10 per share. The Company has issued 896,667 common shares and 896,667 Warrants. Mr [...]
Camrova Resources Inc. is pleased to announce that it has entered into a letter of intent with Asesoria y Inversiones MAYG SpA , a private company incorporated in Chile, to acquire through a Chilean subsidiary to be incorporated all of the issued and outstanding shares of MAYG . The Letter of Intent provides for a purchase price payable to the shareholders of MAYG of CDN $2,000,000 to be satisfied by the issuance of [...]
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