Cerro Announces Shareholder Loan
05 September 2013 - 9:53AM
Access Wire
Vancouver, B.C., September 4, 2013 -
CERRO MINING CORP. (TSX-V:
CRX) ("Cerro"
or the "Company") announces that it has entered into loan
agreements (the "Loan Agreements") with shareholders of the Company
(the "Lenders") for an aggregate amount of Cdn$61,145 (the
"Loan").
The purpose of the
Loan is to provide Cerro with the funds to cover its claim
maintenance payments on the Tinton property in South Dakota and
operations in Peru and Chile. The Loan is non-interest bearing and
will be repaid at the demand of the Lenders.
About
Cerro Mining Corp.
Cerro is a
publicly traded, junior exploration and mineral development company
with a strong portfolio of precious and base metal projects in
Chile, USA and Atlantic Canada. Cerro has a 100% interest in the
Lajitas and Nevada gold-copper properties located in the Maricunga
Gold and Copper District and approximately 700 kilometres northwest
of Santiago, Chile. The properties comprise ten exploration claims
and six exploitation claims totalling a cumulative 3,500 hectares
in area. Cerro holds a 100% interest in the Tinton Gold Project
located 15 kilometres west-northwest of the famous and historic
Homestake Mine in the Black Hills at Lead, South Dakota. The Tinton
property consists of 1,270 hectares contained in 157 unpatented
mining claims.
For further information about Cerro
Mining Corp. and this news release, contact Herrick Lau, director,
at 604-688-9588.
CERRO MINING
CORP.
"Jason Birmingham"
per
Jason Birmingham,
Chief Executive Officer &
President
For further
information, please contact:
Cerro Mining
Corp.
Herrick Lau
Tel:
604-688-9588
Email:
info@capellaresources.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Cerro Mining Corp. (TSXV:CRX)
Historical Stock Chart
From Sep 2024 to Oct 2024
Cerro Mining Corp. (TSXV:CRX)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about (TSX Venture Exchange): 0 recent articles
More News Articles