- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
International Montoro Resources Receives Drill Rig and is Set to Commence Drilling
International Montoro Resources Inc. (TSXV:IMT) announced that Orbit Garant Drilling Services Inc. arrived Thursday at the Elliot Lake airport. Now the transportation of the drill rig and materials via helicopter to the Pecors Anomaly drill site is underway and setup to begin drilling should be completed by Saturday.
As quoted in the press release:
The Company is continuing to receive subscriptions for a 2nd tranche of the private placement for additional funds for the Pecors drilling program and working capital.
Each unit consists of one common share at a price of $0.07 and one two year transferable share purchase warrant (“Warrant”). Each whole Warrant will entitle the holder to acquire one Common share at an exercise price of $0.10 for a period of 12 months from closing and at $0.14 in the second year. The Company will pay a finder’s fee of up to 7.5% in cash or warrants. All of the securities issued pursuant to the private placement will be subject to a minimum four-month hold period and subject to TSX Venture Exchange acceptance.
Watch: Drills on the move at Pecors anomaly:
Click here to read the International Montoro Resources Inc. (TSXV:IMT) press release
Click here to see the International Montoro Resources Inc. (TSXV:IMT) profile.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.