Last C$0.02 CAD
Change Today 0.00 / 0.00%
Volume 30.0K
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As of 10:04 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

montero mining and explorati (MON) Snapshot

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52 Week High
08/19/13 - C$0.07
52 Week Low
12/18/13 - C$0.02
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montero mining and explorati (MON) Details

Montero Mining and Exploration Ltd. engages in the identification, acquisition, evaluation, exploration, and development of mineral properties in Tanzania, South Africa, and Canada. The company primarily explores for rare earth elements, phosphates, and uranium deposits. It principally holds interests in the Wigu Hill project that consists of 2 prospecting licenses covering an area of 55.65 square kilometers located in Tanzania. The company was incorporated in 2006 and is headquartered in Toronto, Canada.

Founded in 2006

montero mining and explorati (MON) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$62.5K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$31.3K
Compensation as of Fiscal Year 2013.

montero mining and explorati (MON) Key Developments

Montero Mining and Exploration Ltd. Announces Resignation of Michael Wolley from Board of Directors

Montero Mining and Exploration Ltd. announced the resignation of Michael Wolley, effective immediately, as a member of the Board of Directors of the Company due to increased work commitments in Australia. The Board of Directors will look to fill the vacancy in the coming months.

Montero Mining and Exploration Ltd., Annual General Meeting, Jun 27, 2014

Montero Mining and Exploration Ltd., Annual General Meeting, Jun 27, 2014., at 10:00 Pacific Standard Time. Location: Edwards, Kenny & Bray LLP., 1900 ­ 1040 West Georgia Street. Agenda: To consider the financial statements of the corporation for the year ended December 31, 2013 and the report of the auditors thereon; to appoint Dale Matheson Carr-Hilton Labonte LLP, Chartered Accountants as the auditors of the corporation for the ensuing year and to authorize the directors to fix their remuneration; to elect the directors of the Corporation for the ensuing year; to ratify and approve the corporation's new 10% rolling incentive stock option plan that was adopted on November 29, 2013; and to transact such other business as may properly come before the meeting or any adjournments or postponements thereof.

Montero Mining and Exploration Ltd. Proposes to Issue Up to $250,000 Principal Amount of Promissory Notes

Montero Mining and Exploration Ltd. announced that it proposes to issue up to $250,000 principal amount of promissory notes at par to fund working capital and the payment of arm's length accounts payable. The company has closed $165,000 principal amount of notes to date. The notes are unsecured with interest at a rate of 12% per annum payable quarterly and mature on May 31, 2014.


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