Candelaria

Candelaria Provides a Corporate Update

Retrieved on: 
Friday, July 10, 2020
TSX Venture Exchange, Candelaria, Companies

VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the Company) is pleased to provide a corporate update.

Key Points: 
  • VANCOUVER, British Columbia, July 10, 2020 (GLOBE NEWSWIRE) -- Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the Company) is pleased to provide a corporate update.
  • Latimer Co. Ltd., in compliance with the applicable policies of the TSX Venture Exchange and other applicable laws.
  • For its services, the corporation has agreed to pay VLP CONTRACT AMOUNT per month for a period of 12 months.
  • Candelaria Mining is a Canadian-based gold development and exploration company with a portfolio of highly prospective projects in Mexico, one of the worlds best mining jurisdictions.

Candelaria Mining Announces US$9 Million Medium Term Loan Facility

Retrieved on: 
Monday, June 15, 2020
Corporate finance, Options, Warrant, Candelaria

The loan facility will be secured against the assets of the Company and its subsidiaries, will bear interest at 13% per annum, and have a term of 60 months from the initial draw date.

Key Points: 
  • The loan facility will be secured against the assets of the Company and its subsidiaries, will bear interest at 13% per annum, and have a term of 60 months from the initial draw date.
  • Candelaria may draw US$500,000 upon execution of the facility, with the balance to be made available on completion of final loan documentation.
  • In connection with the loan facility, Accendo will receive a cash fee from the Company of 2% of the amount of the Loan Facility, as well as 18 million non-transferable share purchase warrants (the Bonus Warrants).
  • Candelaria Mining is a Canadian-based gold development and exploration company with a portfolio of highly prospective projects in Mexico, one of the worlds best mining jurisdictions.

DGAP-News: Revelo Announces Repayment of Third-Party Debt, Reports Results of its Special General Meeting, and Provides Project Update

Retrieved on: 
Tuesday, April 21, 2020
Economy of Alberta, TSX Venture Exchange, Candelaria

Revelo Announces Repayment of Third-Party Debt, Reports Results of its Special General Meeting, and Provides Project Update

Key Points: 
  • Revelo Announces Repayment of Third-Party Debt, Reports Results of its Special General Meeting, and Provides Project Update
    The issuer is solely responsible for the content of this announcement.
  • The Orca project is located along the Coastal Mineral Belt, close to the world-class Candelaria copper-gold-iron deposit.
  • Recent actions, together with planned actions in the short term, have placed Revelo in a good position to have exploration success.
  • Revelo is a Canadian company listed on the TSX Venture Exchange (TSXV: RVL).

CANDELARIA MINING CLOSES $1,059,261 PRIVATE PLACEMENT FINANCING

Retrieved on: 
Friday, April 3, 2020
Stock market, Candelaria, Securities regulation in the United States, Security, Forward-looking statement

All securities issued pursuant to the Private Placement are subject to a statutory hold period expiring on August 04, 2020, in accordance with applicable securities laws.

Key Points: 
  • All securities issued pursuant to the Private Placement are subject to a statutory hold period expiring on August 04, 2020, in accordance with applicable securities laws.
  • Directors and officers of the Company have collectively subscribed for 2,488,242 Units in the Private Placement.
  • Candelaria Mining is a Canadian-based gold development and exploration company with a portfolio of highly prospective projects in Mexico, one of the worlds best mining jurisdictions.
  • Cautionary Note Regarding Forward-looking Statements: This press release contains certain forward-looking statements and forward-looking information under applicable Canadian securities laws concerning the business, operations and financial performance and condition of Candelaria Mining Corp. (Candelaria or Candelaria Mining).

Candelaria Mining Announces $1,000,000 Private Placement Financing

Retrieved on: 
Thursday, February 27, 2020
Candelaria, Forward-looking statement, Mining

The Company intends to use the proceeds of the Private Placement for general working capital.

Key Points: 
  • The Company intends to use the proceeds of the Private Placement for general working capital.
  • Directors and officers of the Company have collectively subscribed for 2,488,242 Units in the Private Placement.
  • Candelaria Mining is a Canadian-based gold development and exploration company with a portfolio of highly prospective projects in Mexico, one of the worlds best mining jurisdictions.
  • Cautionary Note Regarding Forward-looking Statements: This press release contains certain forward-looking statements and forward-looking information under applicable Canadian securities laws concerning the business, operations and financial performance and condition of Candelaria Mining Corp. (Candelaria or Candelaria Mining).

Candelaria Mining Announces Additional High-Grade Drill Results in Pinos Project

Retrieved on: 
Tuesday, November 26, 2019
QA/QC, Quality control, Candelaria, Quality assurance, Quality, QA, Zacatecas

Preparation and assaying of samples from Candelaria's Pinos project are done with strict adherence to a Quality Assurance/Quality Control (QA/QC) protocol.

Key Points: 
  • Preparation and assaying of samples from Candelaria's Pinos project are done with strict adherence to a Quality Assurance/Quality Control (QA/QC) protocol.
  • QA-QC of Candelaria has been described in detail in technical report of Pinos Project Preliminary Economic Assessment (PEA).
  • In Zacatecas, Candelarias 100% owned Pinos Gold Project consisted of roughly 17km worth of veins containing Gold and Silver.
  • This press release contains certain forward-looking statements and forward-looking information under applicable Canadian securities laws concerning the business, operations and financial performance and condition of Candelaria Mining Corp. (Candelaria or Candelaria Mining).

Candelaria Mining Provides an Update on Private Placement Financing

Retrieved on: 
Tuesday, October 15, 2019
Candelaria, Forward-looking statement, Placement

VANCOUVER, British Columbia, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the Company) is pleased to provide an update on a private placement previously announced on December 21, 2018 and March 8, 2019.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 15, 2019 (GLOBE NEWSWIRE) -- Candelaria Mining Corp. (TSXV:CAND, OTC PINK:CDELF) (the Company) is pleased to provide an update on a private placement previously announced on December 21, 2018 and March 8, 2019.
  • The Company would like to state that the private placement has been discontinued due to unfavorable market conditions.
  • The Company intends to use the net proceeds of the New Private Placement for general working capital.
  • Cautionary Note Regarding Forward-looking Statements: This press release contains certain forward-looking statements and forward-looking information under applicable Canadian securities laws concerning the business, operations and financial performance and condition of Candelaria Mining Corp. (Candelaria or Candelaria Mining).

Jacobs Selected for Candelaria Mill Optimization Project in Chile

Retrieved on: 
Tuesday, June 26, 2018
Candelaria, Mining, Engineering, procurement, and construction, Atacama Region, Miner, Human behavior, Culture

DALLAS, June 26, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) has been selected to provide design, engineering, procurement and construction management (EPCM) support services for the Candelaria Mill Optimization Project (CMOP) at the Candelaria Mining Complex located near the city of Copiap in northern Chile's Atacama region.

Key Points: 
  • DALLAS, June 26, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) has been selected to provide design, engineering, procurement and construction management (EPCM) support services for the Candelaria Mill Optimization Project (CMOP) at the Candelaria Mining Complex located near the city of Copiap in northern Chile's Atacama region.
  • "We will leverage our extensive experience in mining processes to provide support and operational optimization at the Candelaria Mining Complex," said Jacobs Mining, Minerals and Technology Senior Vice President and General Manager Andrew Berryman.
  • "Jacobs is committed to continue working in collaboration with mining and mineral organizations globally to meet their social, economic and environmental goals."
  • Minera Candelaria is responsible for operations of the Candelaria Mine Complex.