Monumental Energy is pleased to announce that it has entered into an arm's length option acquisition agreement with Summit Nanotech Corporation dated April 11, 2024, whereby the Company has agreed to transfer and assign its rights and obligations under the Turi Option Agreement to Summit. The Company had previously entered into an option agreement with Lithium Chile and its wholly-owned Chilean subsidiary Compania Minera [...]
Monumental Energy is pleased to provide an operational update from New Zealand Energy highlighting developments pertinent to Monumental's investment made into NZEC on Dec 12, 2023. Monumental currently owns and controls 1,000,000 common shares, constituting a 12.92% equity ownership stake in NZEC, acquired at a cost base of $0.38 cents per share. As reported by NZEC on February 15, 20241: Tariki-5 New Development Well [...]
Monumental Energy is pleased to provide an operational update and outlook for the first half of 2024. Chile On Nov 5, 2023, the Company appointed Mariana Cervetto as Vice President, Chile Operations. With over 15 years of expertise in geology, hydrogeology, mining advisory, environmental assessments, and community engagement, Mariana brings invaluable insight to foster valuable advancements in Chile. Ms. Cervetto's [...]
Monumental Energy announces that it has retained Senergy Communications Capital Inc. to provide digital media and capital markets communications services to the Company. Senergy is a digital marketing firm that will assist with online communications and strategies with the goal of increasing awareness of the Company and its projects. In consideration for these services, the Company has agreed to pay Senergy Cad$5,000 and [...]
Monumental Energy is pleased to announce the appointment of Frank Jacobs, New Zealand Energy Corp's largest shareholder and director, to the board of Monumental Energy. Max Sali, Founder, Director and VP Corp Development comments "It is a great pleasure to add Frank Jacobs to our board of directors, especially as the largest shareholder of NZ Energy Corp. His wealth of knowledge as a successful petroleum engineer brings a [...]
Monumental Energy announces that it has filed an early warning report in respect to its holdings in New Zealand Energy in conjunction with its market expansion focused on sustainable, clean energy. Pursuant to NZ's $2,058,778 non-brokered private placement completed on Dec 12, 2023, Monumental acquired 1,000,000 common shares of NZ at a price of $0.38 per Share for a total subscription price of $380,000 representing [...]
Monumental Minerals is pleased to announce that it will be changing its name from "Monumental Minerals Corp." to "Monumental Energy Corp.". The name change will become effective on Tuesday, Nov 21, 2023 and, at the opening of the market on November 21, 2023, the Company's common shares will trade on the TSXV under the new name. In connection with the name change, the Company's trading symbol will be changed to "MNRG". The [...]
Monumental Minerals Corp. , announces that Jamil Sader has resigned as chief executive officer and director of the Company, effective October 30, 2023. Michelle DeCecco, who currently serves as a director of the Company and as Chair of the Audit Committee, will act as interim CEO while the board of directors reviews potential candidates to fill the position permanently. The board of directors of the Company thanks Mr [...]
Monumental Minerals Corp. announces results from the maiden drilling program at the Jemi rare earth element project in Coahuila, Mexico, about 40 km south of the Texas, USA border. One diamond drill rig commenced drilling on the Veladora North and South prospect areas in early July to test areas with a high frequency of REE-mineralized dykes and sills at the surface. In addition, 3D aeromagnetic highs at less than 300 m [...]
Monumental Minerals Corp. is pleased to announce the appointment of Wasim Rehman to the board of directors. Wasim Rehman has more than 20 years of experience in financial markets and is the founding partner of FWE Group and an active private investor with a keen interest in the raw critical metals space. Mr. Rehman is a significant shareholder of Monumental, having participated in the most recent strategic financing. He [...]
Monumental Minerals Corp. has amended the option agreement with Lithium Chile Inc. for the Turi property located within the Lithium triangle about 120 km northwest from the Salar de Laguna Blanca and 60 km northeast from the city of Calama, Chile. Amended Terms of the Option Agreement Under the amended terms of the Option Agreement , in order to exercise the option to acquire a 50.01% interest in the Turi Project [...]
Monumental Minerals Corp. is pleased to provide an update on drilling at the Jemi rare earth element project in Coahuila, Mexico, about 40 km south of the Texas, USA border. One diamond drill rig from Globexplore Drilling SA commenced drilling on the Veladora North prospect area within Monumental's claims starting in early July to test areas with high concentrations of REE-mineralized dykes and sills at the surface . To [...]