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Last C$0.0050 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 9:37 AM 08/13/15 All times are local (Market data is delayed by at least 15 minutes).

montero mining and explorati (MON) Snapshot

Previous Close
Day High
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52 Week High
10/7/14 - C$0.03
52 Week Low
12/3/14 - C$0.0050
Market Cap
Average Volume 10 Days
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montero mining and explorati (MON) Details

Montero Mining and Exploration Ltd. engages in the identification, acquisition, evaluation, and exploration of mineral properties in Tanzania, South Africa, and Canada. It focuses on rare earth elements, phosphate, and uranium deposits. Its flagship project is Wigu Hill rare earth element project covering an area of 142 square kilometers 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$50.0K
Chief Financial Officer, Corporate Secretary,...
Total Annual Compensation: C$25.0K
Compensation as of Fiscal Year 2014.

montero mining and explorati (MON) Key Developments

Montero Mining and Exploration Ltd., Annual General Meeting, Jun 22, 2015

Montero Mining and Exploration Ltd., Annual General Meeting, Jun 22, 2015., at 14:00 US Eastern Standard Time. Location: Suite 520 ­ 800 West Pender Street. Agenda: To receive and consider the company's audited consolidated financial statements and management's discussion and analysis of the company for the year ended December 31, 2014, together with the report of the auditors thereon; to elect the directors of the company for the coming year; to appoint Dale Matheson Carr-Hilton Labonte LLP, Chartered Accountants as the auditors of the company's for the coming year and to authorize the directors to fix their remuneration; to consider and, if deemed appropriate, to pass, with or without variation, an ordinary resolution to re-approve the company's 10% rolling incentive stock option plan; and to transact such other business as may properly come before the meeting or any adjournments or postponements thereof.

Montero Mining and Exploration Seeks Financing

Montero Mining and Exploration Ltd. (TSXV:MON) is seeking a strategic investor or joint venture partner to advance Wigu Hill to a mining stage.

Montero Mining and Exploration Ltd. Receives Retention License Securing the Mining Rights to the Wigu Hill Rare Earth Project in Tanzania for an Additional 5 Years

Montero Mining and Exploration Ltd. has been granted a Retention License securing the mining rights to the Wigu Hill rare earth project in Tanzania for an additional 5 years. Montero applied for the Retention License in May of 2014 prior to the expiry of the Exploration License previously held. As part of the application, Montero compiled a comprehensive report on the mineral potential of the Wigu Hill Project which outlined exploration and metallurgical results and a program to advance the Wigu Hill project. The delay in issuance of the Retention License was due primarily to a request by the Ministry of Energy and Minerals for additional information on the proposed work program outlined in the application. The Retention license was granted on the 13th February, 2015, and the license was received on the March 20, 2015. Montero continues to conduct geological and metallurgical work at the Wigu Hill project while seeking strategic investors or a joint venture partner to advance the project to a mining stage.


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