Toronto, Ontario-- - Montego Resources Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 5,049,823 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close [...]
Toronto, Ontario-- Montego Resources Inc. will be reinstated for trading at the market open on July 8, 2020. The Company has rectified the default situation that gave rise to the suspension, however the Exchange has determined that Montego Resources Inc. has not met the continued listing requirements as set out in CSE Policy 2, Appendix A section 2.9. Pursuant to Policy 6 section 2.4, the Issuer may not rely on [...]
Montego Resources announces further to the news release dated July 29th, 2019 and January 22, 2020, the court has granted default judgement on former director Jim Grieg. Montego's law suit alleged that Mr. Grieg breached the fiduciary duties he owed to Montego. The Company will be seeking damages against Jim Grieg for the losses suffered as a result of Mr. Grieg's conduct. For Further Information Contact David Greenway [...]
Montego Resources Inc. announces that it has entered into two separate loan agreements with arms length third parties for $180,000 each resulting in an aggregate amount of $360,000. Both loans will bear interest at 12 per-cent per annum. The principal amount and any accrued interest are due on the demand of the lenders. In addition, the Company has arranged for a private placement for up to 2,000,000 common shares at [...]
Montego Resources Inc. Pursuant to an order of the Supreme Court of British Columbia upon application by Anthony Jackson, the Annual General Meeting of shareholders of Montego Resources Inc. was held on July 23, 2019. At the meeting Anthony Jackson, David Greenway, Mo Ahmad, and Yuying Liang were elected as directors. Over half of the Company's outstanding shares were voted at the meeting and over 99.9% of the votes [...]
Vancouver, B.C. - TheNewswire - June 20, 2019 - Montego Resources Inc. and certain of its directors dispute the content of Anthony Jackson's June 20, 2019 release, which incorrectly states that Mr. Cegielski brought an application seeking the release of Montego funds to the directors' control. Mr. Cegielski has never made any such application. Instead, Montego Resources Inc. commenced proceedings seeking an Order from the [...]
Montego Resources Inc. wishes to set the record straight about the Company's upcoming AGM, the inaccurate and misleading press release issued personally by Anthony Jackson on April 18, 2019 and the current status of its investigation into the conduct of Mr. Jackson while CFO of Montego up to March 1, 2019. Jackson's April 18, 2019 press release should be disregarded Mr. Jackson's press release dated April 18, 2019, though [...]
Montego Resources Inc. announces that it has initiated an internal investigation into former management of the company over the last 3 years. The board has also terminated Anthony Jackson as CFO, and appoints Rakesh Malhotra as CFO and Director of the company. The board has also appointed Adam Cegielski as Corporate Secretary, replacing Von Rowell Torres. Mr. Rakesh Malhotra, B.Com , CPA, , CPA, CA , FCA has over 25 years [...]
Montego Resources Inc. is pleased to announce that it has reached an agreement with Altiplano Minerals Ltd. to acquire a series of mining claims located in Idaho County in the State of Idaho and commonly referred as the "Orogrande Gold Project" . The Property is a "drive to" early stage gold target comprised of 199 unpatented lode claims totalling 4,000 acres and located approximately 100km southeast of Grangeville [...]
Montego Resources Inc. is pleased to announce that it intends to proceed with a name change from Montego Resources Inc. to US Resources Hub Inc. "The name change better reflects our company's future focus and our current negotiations as we specifically focus on high quality U.S. Based Assets." states Adam Cegielski – Director The name change is subject to approval of the CSE. About Montego Resources Inc. [...]
Montego Resources Inc. is pleased to announce it has appointed Adam Cegielski to its Board of Directors. Mr. Cegielski commented "It is with great excitement and pleasure I join the board of directors of Montego, I couldn't ask for more in regards to such a dedicated, passionate and experienced group. We have a great portfolio of properties and will continue to evaluate high quality upside potential acquisitions [...]
Montego Resources Inc. is pleased to announce its results from it's SRK Consulting's , Inc. rock sampling program on its Taylor Silver Project near Ely Nevada. ROCK SAMPLES AT TAYLOR 2018 Results from 2018 rock grab samples show anomalous silver mineralization ranging from less than 1 g/t Ag to a high of 398 g/t Ag. The samples in the NW pit show high values of silver ranging from 38.5 to 398 g/t Ag with a statistical [...]
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