Lara Exploration Ltd (LRAXF) 1.0100 $LRAXF Succ
Post# of 273242
Successful Completion of $3.0 Million Private Placement
Marketwire Canada - Thu Aug 18, 3:06PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 18, 2016) - Lara Exploration Ltd. ("Lara" or the "Company" (TSX VENTURE:LRA) is pleased to report that it has completed a non-brokered private placement financing raising $3,000,000 by the issuance of 2,400,000 units at $1.25 per unit. Each unit consisted of one common share and one half of a non-transferable common share purchase warrant. Each full warrant entitles the holder to purchase an additional common share at $1.85 for two years. If, after four months from closing, the closing price of the Company's shares on the TSX Venture Exchange is $2.50 or greater for any period of 10 consecutive trading days, the Company may, by news release issued within five trading days thereof, accelerate the expiry of the warrants to the 21st trading day after such news release.
LRA.VN: 1.320 (-0.040)
Picha Copper Project Sold to Carajas Copper
Marketwire Canada - Tue Aug 02, 3:16PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 2, 2016) - Lara Exploration Ltd. (TSX VENTURE:LRA) ("Lara" or the "Company" is pleased to report that its partner Kiwanda Copper LLC ("Kiwanda" and the Carajas Copper Company Limited ("CJC", have agreed to acquire the Company's Picha Copper Project in southern Peru. Under terms of an existing agreement between Lara and Kiwanda (see Company news release of June 2, 2015 for details), Lara will receive forty million shares of CJC and will remain entitled to a net smelter returns royalty on any future production of 2% for precious metals and 1% for base metals.
LRA.VN: 1.320 (-0.040)
Lara's Grace Option Agreement With Apumayo Extended
Marketwired - Tue Jun 21, 3:11PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 21, 2016) - Lara Exploration Ltd., ("Lara" or the "Company" (TSX VENTURE:LRA) is pleased to report that it has extended to December 2017 the existing option agreement for the sale of the Company's Grace Gold Project in southern Peru to Minera Apumayo S.A.C. ("Apumayo". The Grace Project covers Tertiary-age volcanics, cut by brecciated silica bodies and veins with wide quartz-alunite and granular silica halos, indicative of a well-preserved high-sulphidation epithermal system. Surface work has outlined a hydrothermal alteration zone extending over an area approximately 6 kilometres in length by 1 to 1.5 kilometres in width, with two priority target areas denominated Fox and Gran Leon, where rock chip samples have returned anomalous gold values.
LRA.VN: 1.320 (-0.040)
Lara Reports New Exploration Licenses Issued for the Planalto Copper Project in Brazil
Marketwire Canada - Mon Jun 06, 3:11PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 6, 2016) - Lara Exploration Ltd., ("Lara" or the "Company" (TSX VENTURE:LRA) is pleased to report that new exploration licenses have been issued for the Planalto Copper Project, located near Vale S.A.'s Sossego copper mine, in the Carajás Mineral Province of northern Brazil. The original licenses were cancelled by the Brazilian Department of Mines ("DNPM", based on perceived deficiencies in the application paperwork, which have been definitively rectified this year under the normal administrative appeals process. The Company originally optioned the property in early 2013 (see Company news release of February 25, 2013 for details) and the terms of the option have been amended to reflect the delay.
LRA.VN: 1.320 (-0.040)
Lara Exploration Ltd.: Corporate Update
Marketwired - Fri May 27, 3:15PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 27, 2016) - (TSX VENTURE:LRA) - Lara Exploration Ltd. ("Lara" or the "Company" is pleased to announce that all matters were successfully passed at its Annual General Meeting held on May 25, 2016. The nominated directors that were elected are Miles Thompson, Adrian Calvert, Christopher Jones, and William Steers.
LRA.VN: 1.320 (-0.040)
Lara Exploration Announces That the Company has Fully Disclosed All Material News
Marketwire Canada - Thu May 12, 12:43PM CDT
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 12, 2016) - Lara Exploration Ltd. ("Lara" or the "Company" (TSX VENTURE:LRA) announces, at the request of IIROC, that the Company has fully disclosed all material news regarding the Company and is not aware of any material changes in its business which would account for the increased volume and share price volatility in the trading of the Company's securities.
LRA.VN: 1.320 (-0.040)
Acquisition of Further Shares of Lara Exploration Ltd.
Marketwired - Wed Feb 03, 11:18AM CST
I have acquired ownership of 217,000 common shares (representing 0.69% of the outstanding shares) of Lara Exploration Ltd. (TSX VENTURE: LRA) of Vancouver, British Columbia by purchases made through the TSX Venture Exchange an average price of $0.244 per share.
LRA.VN: 1.320 (-0.040)
Revised Resource Estimate Report Filed for Maravaia Copper Gold Deposit
Marketwired - Tue Feb 02, 4:34PM CST
Lara Exploration Ltd., ("Lara" or the "Company" (TSX VENTURE: LRA) announced on November 9, 2015 an initial resource estimate for its Maravaia Copper Gold Deposit, located within its Curionopolis exploration license in northern Brazil. Following a review by the British Columbia Securities Commission, Lara was advised that the technical report filed on November 9, 2015 in support of the Maravaia resource estimate did not fully comply with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects. Lara has worked with the report author to revise the report and believes it now complies with NI 43-101. Despite such revision, there are no material differences in the resource estimate for the Osmar Target, which is the principal component of the Maravaia Deposit. The report no longer estimates a resource for the Galpao Target and Lara's previous disclosure of a resource for the Galpao Target should not be relied upon until the estimate is verified and supported by a NI 43-101 compliant technical report. The revised report has been filed on SEDAR.
LRA.VN: 1.320 (-0.040)
Lara to Acquire the Tocantins Gold Project in Brazil
Marketwired - Mon Feb 01, 7:02AM CST
Lara Exploration Ltd. ("Lara" or the "Company" (TSX VENTURE: LRA) is pleased to announce that it has signed an Agreement with Brazil Americas Investments & Participation Mineracao Ltda. ("Brazil Americas", to acquire the Tocantins Gold Project, located close to the town of Conceicao do Tocantins, in Central Brazil. Under the terms of the Agreement, Lara will assume the project costs going forward and will pay Brazil Americas 50% of any proceeds from the eventual sale of the project to a third-party.
LRA.VN: 1.320 (-0.040)
Lara Reports Progress of Development and Construction at the Maravaia Copper Gold Deposit in Northern Brazil
Marketwired - Mon Dec 21, 7:02AM CST
Lara Exploration Ltd. ("Lara" or the "Company" (TSX VENTURE: LRA) is pleased to provide an update on development progress on the Maravaia Copper Gold Deposit, located within its Curionopolis exploration license in northern Brazil, where the Company's partner Tessarema Resources Inc. ("Tessarema", is earning a 100% interest by putting the project into commercial production and making cash and royalty payments to Lara.
LRA.VN: 1.320 (-0.040)
Lara to Revise Resource Estimate Report for Maravaia Copper Gold Deposit
Marketwired - Fri Dec 04, 2:33PM CST
Lara Exploration Ltd. (TSX VENTURE: LRA) ("Lara" or the "Company" announced on November 9, 2015 an initial resource estimate for its Maravaia Copper Gold Deposit, located within its Curionopolis exploration license in northern Brazil. As a result of a review by the British Columbia Securities Commission, we are issuing the following news release to clarify that disclosure.
LRA.VN: 1.320 (-0.040)