Metalero Mining is pleased to announce it has appointed Rob L’Heureux as the new President, CEO, and Director of the Company effective May 17, 2024. To facilitate this management change, Sean Mager has resigned as President and CEO but will remain with the Company as a Director and Advisor. Rob L’Heureux, new President, CEO, and Director, stated “I’m excited with this appointment and to get started on a new vision for [...]
Metalero Mining is pleased to announce by an option agreement approved by the board of directors of the Company on May 16, 2024, the Company has optioned the Grayson and Powerline properties. The Option Agreement grants Vulcan the exclusive right to purchase all the Company’s right, title, and interest in the mining claims comprising the Properties, subject to an existing underlying 2.0% net smelter returns royalty (as [...]
Cortus Metals is pleased to announce that its proposed share consolidation on the basis of 15 existing shares to one new common share was approved by the shareholders at the Company’s Annual General and Special Meeting held on April 4, 2023. In addition, as permitted by the Articles, the board of directors has approved the change of name of the Company to “Metalero Mining Corp.”. The Company has now made the required [...]
Cortus Metals is pleased to provide an update on its project portfolio featuring 17 highly prospective and road accessible gold exploration targets located in the prolific north-central region of Nevada, a perennially top-ranked mining jurisdiction whose economy and infrastructure are driven by mining. These targets are under shallow alluvial cover where mountain ranges transition to valley floors . They are available for [...]
Cortus Metals announces further to its press release dated Dec 2, 2021, that it has received the approval of the TSX Venture Exchange for amendments to an aggregate of 24,271,004 outstanding share purchase warrants. The Historical Warrants were originally issued pursuant to private placements completed on August 26, 2020, June 14, 2021 and August 31, 2021 and a debt settlement completed June 22, 2021. Cortus CEO Sean [...]
Cortus Metals Inc. announces that it intends to raise aggregate gross proceeds of up to $1,500,000 through the issuance up to 15,000,000 units at a price of $0.10 per Unit. The Company is not proceeding with the second tranche of the previously announced financing announced Oct 15, 2021. Private Placement Each Unit will comprise one common share and one half of one share purchase warrant. Each whole warrant will entitle [...]
Cortus Metals reports that it is extending the time for completion of its previously announced private placement to Nov 14, 2021. The Company completed an initial tranche of the Financing on August 31, 2021, raising gross proceeds of $600,000.00 through the sale 4,000,000 units at a price of $0.15 per unit and intends to raise a further $900,000 through the sale of up to 6,000,000 Units. The proceeds of the Financing will [...]
Cortus Metals Inc. is pleased to announce that its common shares are now listed for trading in the United States on the OTCQB Venture Market under the symbol "CRTTF". The Company has additionally secured Depository Trust Company eligibility for its common shares traded in the United States. The Company profile can be viewed at the OTC Market website at https://www.otcmarkets.com/stock/CRTTF/quote where North American and [...]
Cortus Metals Inc. is pleased to announce the results of a detailed gravity survey and a soil geochemistry survey on the target area at the Grayson project in Pershing County, Nevada, USA. The gravity survey covers an area of 42.9 km2 over the central-southern portion of the Grayson property, indicating two zones of achievable drill depths . The soil samples were collected at 120m intervals with 150m line spacing [...]
Cortus Metals Inc. , is pleased to announce that it has completed a first tranche of its previously announced private placement raising aggregate gross proceeds of $600,000.00 through the sale 4,000,000 units at a price of $0.15 per unit . Each Unit comprised one common share and one half of one share purchase warrant. Each whole warrant entitles the holder to acquire an additional common share at a price of $0.25 per [...]
Cortus Metals Inc. is pleased to announce field work results including soil and rock-grab sampling programs and a ground magnetic survey at the Goldrun project in Humbolt County, Nevada, USA. Key prospective areas of the project were tested, with 178 soil samples being collected at 60m spacing. Samples were analyzed using the Ionic Leach method, a proven technique for detecting buried precious metal mineralization [...]
Cortus Metals Inc. , announces that it intends to raise aggregate gross proceeds of up to $1,000,000 through the issuance up to 6,666,666 units at a price of $0.15 per Unit . Each Unit will comprise one common share and one half of one share purchase warrant. Each whole warrant will entitle the holder to acquire an additional common share at a price of $0.25 per share for a period of 12 months. The warrants will be [...]