SMREF News Alert San Marco Res Inc (SMREF) 0.0150 02/15/2015
Post# of 64074
Posted On: 02/15/2015 2:20:36 PM
San Marco Res Inc (SMREF) 0.0150 $SMREF
San Marco Resources Share Consolidation Approved by Shareholders
Marketwired - Mon Dec 22, 1:43PM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
announces that a special resolution to approve the consolidation of the Company's shares on the basis of one new share for every five old shares was passed by shareholders of the Company at a Special General Meeting held in Vancouver, BC on December 22, 2014. Of the shares voted, 96% were voted in favour of the consolidation.
SMN.VN: 0.060 (unch)
San Marco Resources Revises Previously Announced Financing Terms
Marketwired - Wed Dec 17, 3:30PM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company" announces that, as a result of changes in market conditions, the Company's board of directors has revised certain pricing terms of the non-brokered private placement financing announced on October 24, 2014. The proposed private placement financing will still occur on a post (five into one) consolidation basis of the Company's shares, which consolidation is subject to shareholder approval at a special meeting of shareholders being held on December 22, 2014.
SMN.VN: 0.060 (unch)
San Marco Resources Acquires Option on Highly Prospective Property in the Cuatro De Mayo District
Marketwired - Tue Dec 16, 7:31AM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company" has signed a two year option agreement with Argonaut Gold Inc. ("Argonaut" (TSX: AR) of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico. Under the terms of the agreement, San Marco can earn a 100% interest in this concession by paying Argonaut a total of $50,000 over two years ($10,000 within 90 days, $15,000 on the first anniversary and $25,000 on the second anniversary). Argonaut will retain a one percent (1%) NSR royalty on any future production.
AR.TO: 2.17 (+0.08), SMN.VN: 0.060 (unch)
San Marco Resources Makes New Corporate Appointments
Marketwired - Mon Dec 01, 7:33AM CST
The Board of Directors of San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company" announces the appointment, effective today, of Mr. Bernie Zacharias as the Company's Chief Financial Officer and Ms. Barbara Henderson as the Company's Corporate Secretary. These appointments follow the resignation of Julie Capstick from the positions of CFO and Corporate Secretary in order to pursue an alternative career opportunity. The Board of Directors thanks Ms. Capstick for her dedicated and professional service to the Company over the past four years.
SMN.VN: 0.060 (unch)
San Marco Resources Plans Share Consolidation and Financing and Reduces Property Holdings in Order to Focus on Cuatro de Mayo
Marketwired - Fri Oct 24, 7:31AM CDT
The Board of Directors of San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company" reports that as a result of extensive discussions with various financial advisors, it believes it is in the best interest of the Company to consolidate its common shares on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares. Subsequent to this consolidation, which is subject to regulatory and shareholder approval, San Marco intends to raise approximately $500,000 by way of a private placement financing on the terms set out below.
SMN.VN: 0.060 (unch)
Trenching at Cuatro de Mayo Property Confirms Gold Mineralization and Extends Dimension at El Valle Shear Zone
Marketwired - Wed Oct 08, 7:32AM CDT
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company" is pleased to announce rock chip sampling results from four trenches recently completed at the El Valle shear zone on the Company's Cuatro de Mayo project in Sonora State, Mexico. This trench sampling has returned results of up to 0.55 g/t gold over 24 metres.
SMN.VN: 0.060 (unch)
San Marco Resources Inc.: CdM South Yields Signs of High Sulfidation Epithermal Gold Mineralization
Marketwire - Thu Oct 02, 7:31AM CDT
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company" has discovered the presence of alteration patterns consistent with high sulfidation epithermal-type gold deposits at its CdM South concession in the Cuatro de Mayo Project, Sonora State, Mexico. Furthermore, stream sediment sampling, using the bulk leach extractable gold ("BLEG" technique, indicates the presence of gold coincident with this alteration.
SMN.VN: 0.060 (unch)
San Marco Resources Inc.: Gold-Bearing Oxidized Shear Zone Discovered at Cuatro de Mayo Project
Marketwire - Mon Sep 29, 8:37AM CDT
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company" herein provides an interim report on its initial phase of confirmatory and early stage exploration work on the Cuatro de Mayo Project in eastern Sonora State, Mexico and concludes, based on its field observations to date, that additional reconnaissance level and follow-up prospecting and sampling are warranted.
SMN.VN: 0.060 (unch)
Bacanora Reports Infill Drill Results Re La Ventana Concession, Sonora Lithium Project, Mexico
Marketwire - Tue Mar 04, 2:54PM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company" (TSX VENTURE: BCN) is pleased to announce that it has received the analytical results from 5 recently completed holes drilled into the lower clay unit on the La Ventana concession (the "Concession" in northern Mexico. The Concession is owned 100% by Bacanora. Significant lithium-bearing intervals were intersected in all of the drill holes. The weighted average values for these intercepts are listed below (Table 1).
XRA: 0.51 (unch), BCN.VN: 1.000 (unch), XRC.TO: 0.64 (-0.01), SMN.VN: 0.060 (unch)
San Marco Resources Provides 2013 Review and Updates 2014 Exploration Strategy
Marketwire - Wed Feb 26, 5:01AM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or the "Company" is pleased to provide a review of the significant progress made in 2013 and update the strategic plans going forward into 2014. The Company's property portfolio comprises of three active projects in Mexico that potentially host significant mineralized systems. During 2013, two of these projects, La Buena and Angeles, were comprehensively explored and drilled with all expenditures covered by Exeter Resources Corporation ("Exeter" or the "Optionee" as per JV agreements signed in March 2013 (See News Releases: March 4, 2013).
SMN.VN: 0.060 (unch)
San Marco Resources Share Consolidation Approved by Shareholders
Marketwired - Mon Dec 22, 1:43PM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
announces that a special resolution to approve the consolidation of the Company's shares on the basis of one new share for every five old shares was passed by shareholders of the Company at a Special General Meeting held in Vancouver, BC on December 22, 2014. Of the shares voted, 96% were voted in favour of the consolidation. SMN.VN: 0.060 (unch)
San Marco Resources Revises Previously Announced Financing Terms
Marketwired - Wed Dec 17, 3:30PM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
announces that, as a result of changes in market conditions, the Company's board of directors has revised certain pricing terms of the non-brokered private placement financing announced on October 24, 2014. The proposed private placement financing will still occur on a post (five into one) consolidation basis of the Company's shares, which consolidation is subject to shareholder approval at a special meeting of shareholders being held on December 22, 2014. SMN.VN: 0.060 (unch)
San Marco Resources Acquires Option on Highly Prospective Property in the Cuatro De Mayo District
Marketwired - Tue Dec 16, 7:31AM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
has signed a two year option agreement with Argonaut Gold Inc. ("Argonaut" (TSX: AR) of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico. Under the terms of the agreement, San Marco can earn a 100% interest in this concession by paying Argonaut a total of $50,000 over two years ($10,000 within 90 days, $15,000 on the first anniversary and $25,000 on the second anniversary). Argonaut will retain a one percent (1%) NSR royalty on any future production. AR.TO: 2.17 (+0.08), SMN.VN: 0.060 (unch)
San Marco Resources Makes New Corporate Appointments
Marketwired - Mon Dec 01, 7:33AM CST
The Board of Directors of San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
announces the appointment, effective today, of Mr. Bernie Zacharias as the Company's Chief Financial Officer and Ms. Barbara Henderson as the Company's Corporate Secretary. These appointments follow the resignation of Julie Capstick from the positions of CFO and Corporate Secretary in order to pursue an alternative career opportunity. The Board of Directors thanks Ms. Capstick for her dedicated and professional service to the Company over the past four years. SMN.VN: 0.060 (unch)
San Marco Resources Plans Share Consolidation and Financing and Reduces Property Holdings in Order to Focus on Cuatro de Mayo
Marketwired - Fri Oct 24, 7:31AM CDT
The Board of Directors of San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
reports that as a result of extensive discussions with various financial advisors, it believes it is in the best interest of the Company to consolidate its common shares on the basis of one (1) post-consolidation common share for every five (5) pre-consolidation common shares. Subsequent to this consolidation, which is subject to regulatory and shareholder approval, San Marco intends to raise approximately $500,000 by way of a private placement financing on the terms set out below. SMN.VN: 0.060 (unch)
Trenching at Cuatro de Mayo Property Confirms Gold Mineralization and Extends Dimension at El Valle Shear Zone
Marketwired - Wed Oct 08, 7:32AM CDT
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
is pleased to announce rock chip sampling results from four trenches recently completed at the El Valle shear zone on the Company's Cuatro de Mayo project in Sonora State, Mexico. This trench sampling has returned results of up to 0.55 g/t gold over 24 metres. SMN.VN: 0.060 (unch)
San Marco Resources Inc.: CdM South Yields Signs of High Sulfidation Epithermal Gold Mineralization
Marketwire - Thu Oct 02, 7:31AM CDT
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
has discovered the presence of alteration patterns consistent with high sulfidation epithermal-type gold deposits at its CdM South concession in the Cuatro de Mayo Project, Sonora State, Mexico. Furthermore, stream sediment sampling, using the bulk leach extractable gold ("BLEG" technique, indicates the presence of gold coincident with this alteration. SMN.VN: 0.060 (unch)
San Marco Resources Inc.: Gold-Bearing Oxidized Shear Zone Discovered at Cuatro de Mayo Project
Marketwire - Mon Sep 29, 8:37AM CDT
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or "the Company"
herein provides an interim report on its initial phase of confirmatory and early stage exploration work on the Cuatro de Mayo Project in eastern Sonora State, Mexico and concludes, based on its field observations to date, that additional reconnaissance level and follow-up prospecting and sampling are warranted. SMN.VN: 0.060 (unch)
Bacanora Reports Infill Drill Results Re La Ventana Concession, Sonora Lithium Project, Mexico
Marketwire - Tue Mar 04, 2:54PM CST
BACANORA MINERALS LTD. ("Bacanora" or the "Company"
(TSX VENTURE: BCN) is pleased to announce that it has received the analytical results from 5 recently completed holes drilled into the lower clay unit on the La Ventana concession (the "Concession" in northern Mexico. The Concession is owned 100% by Bacanora. Significant lithium-bearing intervals were intersected in all of the drill holes. The weighted average values for these intercepts are listed below (Table 1). XRA: 0.51 (unch), BCN.VN: 1.000 (unch), XRC.TO: 0.64 (-0.01), SMN.VN: 0.060 (unch)
San Marco Resources Provides 2013 Review and Updates 2014 Exploration Strategy
Marketwire - Wed Feb 26, 5:01AM CST
San Marco Resources Inc. (TSX VENTURE: SMN) ("San Marco" or the "Company"
is pleased to provide a review of the significant progress made in 2013 and update the strategic plans going forward into 2014. The Company's property portfolio comprises of three active projects in Mexico that potentially host significant mineralized systems. During 2013, two of these projects, La Buena and Angeles, were comprehensively explored and drilled with all expenditures covered by Exeter Resources Corporation ("Exeter" or the "Optionee" as per JV agreements signed in March 2013 (See News Releases: March 4, 2013). SMN.VN: 0.060 (unch)
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