|Bid||0.1050 x 0|
|Ask||0.1600 x 0|
|Day's Range||0.1050 - 0.1050|
|52 Week Range||0.1000 - 0.2700|
|Beta (3Y Monthly)||0.43|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.75|
Eco Oro Minerals Corp. (CSE:EOM) (the “Company” or “Eco Oro”) is pleased to announce that it has completed the initial stage (the “Initial Subscription”) of the US$28 million first tranche (the “First Tranche”) of its previously announced private placement (the “Private Placement”). On completion of the Initial Subscription, the Company issued an aggregate of approximately US$10.5 million of contingent value rights certificates and approximately US$12.1 million of unsecured 0.025% interest-bearing promissory notes due June 30, 2028, for aggregate gross proceeds of approximately US$22.6 million. The proceeds of the Initial Subscription will be used for working capital needs and to repay outstanding obligations.
VANCOUVER, Sept. 13, 2018 /CNW Telbec/ - Eco Oro Minerals Corp. (CSE:EOM.CN - News) (the "Company") is pleased to announce that, on September 13, 2018, the sale to Sociedad Minera de Santander S.A.S. ("Minesa") of the Company's interests in certain mining and land titles located in the Santander Department of Colombia, along with technical information and ancillary assets relating to the mining licenses, closed in escrow. The two mining titles included in the Agreement are mineral claim 0127-68 and such mineral claim resulting from claim 13921. Eco Oro Minerals Corp. is a publicly-traded company and its arbitration against the Republic of Colombia is its core focus.
VANCOUVER, July 9, 2018 /CNW/ - Eco Oro Minerals Corp. (CSE:EOM.CN - News) (the "Company") is pleased to announce that, on July 6, 2018, it signed a binding asset purchase agreement (the "Agreement") with Sociedad Minera de Santander S.A.S. ("Minesa") to sell to Minesa Eco Oro's interests in certain mining and land titles located near Minesa's project in the Santander Department of Colombia, along with technical information and ancillary assets relating to the mining licenses. Pursuant to the terms of the Agreement, Minesa will pay the Company an aggregate purchase price of US$5,000,000 upon completion of the transaction. Completion of the asset purchase agreement is subject to the satisfaction of certain conditions precedent.