Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Monarca Minerals Inc. (V:MMN)

Business Focus: Silver Mining

Mar 29, 2023 04:44 pm ET
Monarca Minerals Inc. Announces Management Restructuring
Toronto, Ontario--(Newsfile Corp. - March 29, 2023) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") reports that Mr. Paul Ténière has resigned as Director and Interim President and CEO. The Board of Directors would like to thank Mr. Ténière for his contributions to Monarca Minerals.
Jul 11, 2022 05:05 pm ET
Monarca Minerals to Extend Term of Outstanding Warrants
Toronto, Ontario--(Newsfile Corp. - July 11, 2022) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") announces that the Company will be extending the exercise period of a total of 55,900,000 share purchase warrants, all of which are exercisable at $0.075 per share (collectively, the "Warrants"). The Warrants were issued pursuant to a private placement which closed on August 20, 2020. The Company proposes to extend the expiry by one (1) year, and accordingly, the new expiry date for the Warrants will be August 20, 2023.
Feb 17, 2022 08:00 am ET
Monarca Minerals Reports Expansion of San Jose Exploration Area Based on Stream Sediment Pan Concentrate Sampling Program Results
Toronto, Ontario--(Newsfile Corp. - February 17, 2022) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce positive results from a stream sediment pan concentrate sampling program within its mining concessions at the San José Project ("San José" or the "Project") in Mexico. Numerous drainages show anomalous values of Au, As, Cu, Pb and Zn. Drainages with anomalous values extend approximately 8 km from near the northern limit of the concessions to the southern limit of the concessions.
Feb 09, 2022 08:00 am ET
Monarca Minerals Inc. Announces Management Changes
Toronto, Ontario--(Newsfile Corp. - February 9, 2022) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") reports that Mr. Carlos Espinosa has resigned as President and CEO of the Company effective March 4, 2022. Mr. Espinosa will remain a Director of the Company. The Board of Directors would like to thank Mr. Espinosa for his numerous contributions to date and the Board looks forward to his continued support.
Dec 14, 2021 08:00 am ET
Monarca Minerals Reports Final Drill Hole Assays from Phase 1 Exploration Drilling at San Jose Project - Including Significant Molybdenum & Copper Values
Toronto, Ontario--(Newsfile Corp. - December 14, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that it has received final assays for the last eight drill holes from its Phase 1 San Jose exploration drilling program. The assay results are summarized below in Table 1 and indicate significant Au, Ag, Cu, Pb, Zn and Mo mineralization. Significant Cu and Mo mineralization occurs in some drill holes, hosted in potassically and endoskarn altered intrusives.
Nov 12, 2021 04:00 pm ET
Monarca Minerals Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - November 12, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that, in accordance with the Company's long term incentive plan, it has granted an aggregate of 2,250,000 stock options to directors, officers and employees of the Company. Each option is exercisable to purchase one common share of the Company at $0.09 per share for a period of 4 years from the date of issuance.
Nov 09, 2021 08:30 am ET
Monarca Minerals Reports Completion of Phase 1 Exploration Drilling at San Jose Project and Preliminary Results Including 4.07 G/t Au over 3.0m
Toronto, Ontario--(Newsfile Corp. - November 9, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that it has completed its Phase 1 San Jose exploration RC drilling program with 4,640.6m completed in 15 drill holes. Assay results from 7 of these drill holes are shown below in Table 1 and indicate significant Au, Ag, Cu, Pb and Zn mineralization, with the remaining assay results still pending from the laboratory.
Oct 12, 2021 10:08 am ET
Monarca Minerals Reports Completion of Two Additional Drill Holes at Its San Jose Project - SJ07 and SJ120
Toronto, Ontario--(Newsfile Corp. - October 12, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce that it has completed an additional two drill holes at its San Jose Project.
Sep 14, 2021 08:00 am ET
Monarca Minerals Reports Completion of Additional Three Drill Holes at San Jose Project - SJ10, SJ11 and SJ15
Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce that it has completed an additional three drill holes at its San Jose project.
Sep 03, 2021 08:11 am ET
Monarca Minerals Reports Completion of First Two Drill Holes at San Jose Project
Toronto, Ontario--(Newsfile Corp. - September 3, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce that it has completed the first two drill holes at its San Jose project.
Aug 03, 2021 05:44 pm ET
Monarca Minerals Obtains Environmental Permit to Complete Drilling Program on the San Jose Silver Project in Mexico, and Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - August 3, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that it has obtained an Environmental Permit (known as Informe Preventivo) to complete its planned 5,000 metre drilling program on its San Jose Silver Project ("San Jose") in Mexico.
Jun 07, 2021 01:30 pm ET
Monarca Minerals to Hold Annual General and Special Meeting of Shareholders on June 22, 2021
Toronto, Ontario--(Newsfile Corp. - June 7, 2021) -  Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce the Company will hold its Annual General and Special Meeting of Shareholders on June 22, 2021 at 10:00 a.m. (Toronto time), for the following purposes:
Apr 13, 2021 11:10 am ET
Monarca Minerals Signed a Surface Rights Agreement with "Colonia", Regarding Its Upcoming Drilling Program for the San Jose Silver Project in Mexico
Toronto, Ontario--(Newsfile Corp. - April 13, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce the execution and ratification by a Mexican Notary Public of the surface rights agreement with Colonia on the San Jose Silver Project ("San Jose") located near the USA border in Chihuahua, Mexico.
Mar 04, 2021 08:00 am ET
Monarca Minerals Provides an Update on Its Upcoming Drilling Program for the San Jose Silver Project in Mexico
Toronto, Ontario--(Newsfile Corp. - March 4, 2021) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that it continues to advance the permitting process for its upcoming drilling program on the San Jose Silver Project ("San Jose") located near the USA border in Chihuahua, Mexico.
Mar 01, 2021 07:00 am ET
Monarca Minerals, Inc. Invites You to Join Us at the Red Cloud 2021 Pre-PDAC Mining Showcase
Toronto, Ontario--(Newsfile Corp. - March 1, 2021) - Monarca Minerals, Inc. (TSXV: MMN) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.
Dec 15, 2020 08:00 am ET
Monarca Minerals Reports Progress in Moving Toward Drilling at San Jose Project
Toronto, Ontario--(Newsfile Corp. - December 15, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce that it is advancing toward an initial approximately 5,000m drilling program at San Jose.
Dec 01, 2020 05:33 pm ET
Monarca Announces Debt Settlement
Toronto, Ontario--(Newsfile Corp. - December 1, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that it has entered into debt settlement agreements with two of its creditors (the "Creditors"), pursuant to which it will issue an aggregate of 751,201 common shares in the capital of the Company in consideration for the settlement of a total of $135,830.67 in accrued liabilities owing to the Creditors in respect of a consulting agreement and accrued interest on an outstanding convertible debenture (the "Debt Settlement"). The Debt Settlement has received conditional approval by the TSX Venture Exchange. The Company expects that the proposed Debt Settlement will assist the Company in preserving its cash for working capital.
Oct 13, 2020 01:30 pm ET
Monarca Minerals - Unaware of Any Material Change
Toronto, Ontario--(Newsfile Corp. - October 13, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company").
Sep 09, 2020 07:02 pm ET
Monarca Minerals - Completes Shares for Debt Transaction
Toronto, Ontario--(Newsfile Corp. - September 9, 2020) -  Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), announces that is has completed the previously announced (July 28, 2020) shares for debt transaction to settle an aggregate of $301,324.90 owing to certain officers, directors and service providers of the Company through the issuance of an aggregate of 6,026,498 common shares of the Company at an implied issue price of C$0.05 per share. The Company determined to satisfy the indebtedness with common shares in order to preserve its cash for the development of its business.
Aug 20, 2020 09:00 am ET
Monarca Closes Oversubscribed C$3.0 Million Private Placement, Including a Lead Order from Palisades Goldcorp
Toronto, Ontario--(Newsfile Corp. - August 20, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce is has closed the previously announced non-brokered private placement of units of the Company (the "Units") for gross proceeds of C$3,000,000 (the "Offering"). The Company issued a total of 60,000,000 Units of the Company at a price of C$0.05. Red Cloud Securities Inc. acted as a finder in connection with the Offering.
Aug 10, 2020 09:00 am ET
Monarca Minerals Announce the Closing of the Sale of El Sol Project Agreement to Southern Silver Exploration Corp. and Appointment of Ms. Monica Ospina as Board Member
Toronto, Ontario--(Newsfile Corp. - August 10, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce the closing of the definitive agreement with Southern Silver Exploration Corp. to sell El Sol project in Durango, Mexico.
Jul 28, 2020 08:00 am ET
Monarca Minerals - Shares for Debt Transaction and Stock Option Grant
Toronto, Ontario--(Newsfile Corp. - July 28, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), announces that it is proposing to settle an aggregate of approximately $380,600.00 owing to certain officers and directors, and service providers to the Company through the issuance of an aggregate of approximately 7,612,000 Common Shares of the Company at an implied issue price of C$0.05 per Common Share. The Company determined to satisfy the indebtedness with common shares in order to preserve its cash for the development of its business.
Jul 27, 2020 08:00 am ET
Monarca Announces Upsize to Previously Announced Private Placement to C$3.0 Million
Toronto, Ontario--(Newsfile Corp. - July 27, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that the Company will be increasing their previously announced non-brokered private placement to up to 60,000,000 units of the Company (the "Units") at a price of C$0.05 per Unit for gross proceeds of up to C$3,000,000 (the "Offering"). Each Unit shall consist of one common share of the Company (each a "Common Share") and one common share purchase warrant (each a "Warrant"). Each Warrant will be exercisable by the holder thereof to acquire one Common Share at a price of C$0.075 at any time on or before the date which is 24 months after the closing of the Offering. Red Cloud Securities Inc. will be acting as finder for the Company under the Offering.
Jul 23, 2020 03:08 pm ET
Monarca Announces C$2.0 Million Private Placement
Toronto, Ontario--(Newsfile Corp. - July 23, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce a non-brokered private placement of up to 40,000,000 units of the Company (the "Units") at a price of C$0.05 per Unit for gross proceeds of up to C$2,000,000 (the "Offering"). Each Unit shall consist of one common share of the Company (each a "Common Share") and one common share purchase warrant (each a "Warrant"). Each Warrant will be exercisable by the holder thereof to acquire one Common Share at a price of C$0.075 at any time on or before the date which is 24 months after the closing of the Offering. Red Cloud Securities Inc. will be acting as finder for the Company under the Offering.
Jun 19, 2020 04:54 pm ET
Monarca Minerals Inc. Announces Closing of Non-Brokered Private Placement of Convertible Debentures
Toronto, Ontario--(Newsfile Corp. - June 19, 2020) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") announces that it has completed a non-brokered private placement of $1,015,445 principal amount of unsecured convertible debentures (the "Convertible Debentures"). The Convertible Debentures bear interest at a rate of 12% per annum payable annually in arrears on October 9th and mature on October 9, 2022. The Convertible Debentures are convertible into common shares of the Company at a price of $0.075 for the first 12 months of the term and at a price of $0.10 thereafter until maturity.
May 14, 2020 03:13 pm ET
Monarca Minerals - Cease Trade Order Lifted
Toronto, Ontario--(Newsfile Corp. - May 14, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), announces that the Cease Trade Order imposed by the British Columbia Securities Commission (BCSC) on April 8, 2020 has been revoked and its common shares have resumed trading on the TSX Venture Exchange.
May 12, 2020 04:18 pm ET
IIROC Trading Resumption - MMN
VANCOUVER, May 12, 2020 /CNW/ - Trading resumes in:
May 11, 2020 08:22 am ET
Eric Sprott Announces Changes to His Holdings in Monarca Minerals Inc.
Toronto, Ontario--(Newsfile Corp. - May 11, 2020) - Eric Sprott announces that on May 10, 2020, 3,077,000 common share purchase warrants ("Warrants") of Monarca Minerals Inc., (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in holdings of approximately 2.2% of the outstanding common shares on a partially diluted basis since the last early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially owned and controlled 3,077,000 common shares and 3,077,000 Warrants representing approximately 6.2% of the outstanding common shares on a non-diluted basis and approximately 11.7% on a partially diluted basis assuming the exercise of all Warrants.
Apr 23, 2020 01:30 pm ET
Monarca Minerals Receives Cease Trade Order - Suspension of Trading - Will Rely on Temporary Exemption for Interim Financial Reports Under BC Instrument 51-515
Toronto, Ontario--(Newsfile Corp. - April 23, 2020) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), discloses today that the filing of the Company's annual audited financial statements for the year ended November 30, 2019, annual management's discussion and analysis for the year ended November 30, 2019, and certification of annual filings for the year ended November 30, 2019 (collectively, the "2019 Annual Financial Statements") was not completed by the deadline of March 30, 2020. As a result, the British Columbia Securities Commission issued a cease trade order (the "Cease Trade Order") against the Company and securities have been halted from trading on the TSX Venture Exchange ("TSXV"). The Company requires additional time to file its 2019 Annual Financial Statements due to some Covid-19 relasted issues.
Apr 09, 2020 07:55 am ET
IIROC Trading Halt - MMN
VANCOUVER, April 9, 2020 /CNW/ - The following issues have been halted by IIROC:
Jun 03, 2019 09:00 am ET
Monarca Minerals Signs Option Agreement to Acquire 100% Interest in San Jose Project in Mexico and Reports on Recent Surface Geophysics Results
Toronto, Ontario--(Newsfile Corp. - June 3, 2019) - Monarca Minerals, Inc. (TSXV: MMN) ("Monarca" or the "Company"), is pleased to announce that it has entered into an Option Agreement to acquire a 100% interest in the 5,580-hectare San Jose Project (the "Project") located in Chihuahua, northern Mexico. The Option Agreement is an arm's length transaction. The decision was made to acquire this skarn and potential CRD/porphyry deposit after a surface geophysics program comprised of induced polarization (IP), resistivity, and magnetics survey completed in July and August 2018, discovered very strong IP/magnetic anomalies over a 2.8 km strike length resulting in numerous drill targets. Based on these promising geophysical results and previous chip sampling on the property that resulted in significant gold, silver, copper, zinc and lead results, the Company is currently planning an 18-hole reverse circulation (RC) drilling program to test the strong IP and magnetics anomalies for potential precious and base metals at depth.
May 02, 2019 11:23 am ET
Monarca Minerals Inc. Announces Board Restructuring
Toronto, Ontario--(Newsfile Corp. - May 2, 2019) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that Mr. Paul Ténière had been appointed as a director of the Company. Mr. Paul Ténière replaces Allan Folk, who stepped down from the board to focus on other activities. The Board of Directors would like to thank Mr. Folk for his contributions to the Company.
Jun 04, 2018 10:09 am ET
Monarca Minerals Inc. Announces Management Restructuring
Toronto, Ontario--(Newsfile Corp. - June 4, 2018) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") reports that Mr. Allan Folk has resigned as Interim CEO, effective June 1, 2018. Mr. Folk will remain as Director of the Company. The Board of Directors would like to thank Mr. Folk for his contributions to date and the Company looks forward to his continued support.
Apr 16, 2018 11:28 am ET
Monarca Minerals Provides Corporate Update
Toronto, Ontario--(Newsfile Corp. - April 16, 2018) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to provide an update on its recent activities.
Nov 21, 2017 09:00 am ET
Monarca Minerals Inc. Signs Letter of Intent to Acquire San Jose Property in Chihuahua, Mexico
Toronto, Ontario--(Newsfile Corp. - November 21, 2017) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is pleased to announce that it has entered into to a Letter of Intent to acquire the San Jose Property, located in northern Chihuahua, Mexico.
Oct 17, 2017 03:21 pm ET
Monarca Minerals Inc. Is Pleased to Announce That Re-Analysis of Geological Information and Re-Logging of Historical Drilling for the Tejamen Project Is in Progress
Toronto, Ontario--(Newsfile Corp. - October 17, 2017) - Monarca Minerals Inc. (TSXV: MMN) ("Monarca" or the "Company") is currently re-analyzing geological information and the re-logging historical drill results. Drilling completed in 2005 and 2008 only reached relatively shallow depths of approximately 150 meters. To date Monarca has identified 3 extremely high grade intercepts at both Los Mantos and Cerro Prieto portions of Tejamen.