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Monarca Minerals Inc. (V:MMN)

Business Focus: N/A

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Insider Chart - Past 6 Months

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Insider Filings

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Company News

Jul 28, 2020 08:00 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.
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Jul 27, 2020 08:00 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.
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Valuation Ratios

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Short Report

DateNumber of Shares ShortedNet Change
Jul 15, 202000
Jun 15, 202000
May 31, 202000
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Business Summary

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