Last C$0.05 CAD
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san marco resources inc (SMN) Snapshot

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01/30/14 - C$0.25
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12/10/14 - C$0.03
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san marco resources inc (SMN) Details

San Marco Resources Inc. engages in the acquisition, exploration, development, and advancement of precious metal properties. It explores for copper, silver, gold, lead, and zinc metals. The company holds interests in the Alwin copper project that comprises 2 claims covering an area of approximately 534 hectares located in South - central British Columbia, Canada; Angeles project, which cover 1,305 hectares located in Sonora State, Mexico; and the Los Carlos project covering an area of 15,635 hectares located in the Sonora State, Mexico. San Marco Resources Inc. was incorporated in 2005 and is headquartered in Vancouver, Canada.

Founded in 2005

san marco resources inc (SMN) Top Compensated Officers

Chief Executive Officer, Director and Member ...
Total Annual Compensation: C$137.3K
Compensation as of Fiscal Year 2013.

san marco resources inc (SMN) Key Developments

San Marco Resources Acquires Option on Highly Prospective Property in the Cuatro De Mayo District

San Marco Resources Inc. has signed a two year option agreement with Argonaut Gold Inc. to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico. Under the terms of the agreement, San Marco can earn a 100% interest in this concession by paying Argonaut a total of $50,000 over two years ($10,000 within 90 days, $15,000 on the first anniversary and $25,000 on the second anniversary). Argonaut will retain a 1% NSR royalty on any future production.

San Marco Resources Makes New Corporate Appointments

The Board of Directors of San Marco Resources Inc. announced the appointment, effective Dec. 1, 2014, of Mr. Bernie Zacharias as the company's Chief Financial Officer and Ms. Barbara Henderson as the Company's Corporate Secretary. These appointments follow the resignation of Julie Capstick from the positions of CFO and Corporate Secretary in order to pursue an alternative career opportunity. The Board of Directors thanks Ms. Capstick for her dedicated and professional service to the Company over the past four years. Bernie Zacharias is a managing partner and founder of Avisar Chartered Accountants, a Langley, BC-based Chartered Accounting practice, which firm will also perform accounting services for the Company. Mr. Zacharias is a member of the Institute of Chartered Accountants of British Columbia and brings significant experience in corporate finance with publicly listed junior resource companies. He has worked extensively with, and has served as CFO for, various mineral exploration and development companies on the TSX Venture Exchange. Barbara Henderson has been San Marco's Investor Relations Officer since April 2014 and will continue to perform these duties alongside her Corporate Secretarial role.

San Marco Resources Inc., Special/Extraordinary Shareholders Meeting, Dec 22, 2014

San Marco Resources Inc., Special/Extraordinary Shareholders Meeting, Dec 22, 2014., at 10:00 Pacific Standard Time. Location: Suite 704 ­ 595 Howe Street. Agenda: To authorize, by a special resolution, the consolidation of the Shares on a 5:1 ratio, every five shares before consolidation being consolidated into one share; and to transact such other business as may properly come before the meeting.


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