Vancouver, British Columbia (Newsfile Corp. - May 31, 2021) - Valterra Resource Corporation (TSXV: VQA) (OTCQB: VRSCF) ("Valterra" or the "Company") has entered into an agreement to settle a debt of
Valterra Resource Corporation: Pilar Gold Inc. to Acquire Valterra s Brazilian Assets for $2.4 Million
Vancouver, British Columbia (Newsfile Corp. - May 12, 2021) -
Valterra Resource Corporation (TSXV: VQA) (OTCQB: VRSCF) ( Valterra or the Company ) reports that the Board of Directors has approved the sale of Poconé Mining Mineração Ltda ( PMM ), which holds a 100% interest in the Lima gold property and a binding agreement to purchase a 100% interest in the Livramento gold property, both located in the Poconé Mining District, Brazil, to Pilar Gold Inc. ( Pilar Gold ). The closing of the transaction is subject to TSX Venture Exchange approval.
The terms of the sale of PMM to Pilar Gold are as follows:
Valterra Resource Corporation: Valterra to Amend Warrant Terms
Vancouver, British Columbia (Newsfile Corp. - May 5, 2021) - Valterra Resource Corporation (TSXV: VQA) (OTCQB: VRSCF) ( Valterra and the Company ) reports that the Company will apply to the TSX Venture Exchange (the Exchange ) for approval to amend the terms and reprice the following three series of warrants issued in connection with three separate private placements to $0.125; warrants issued on October 5, 2016 at $1.00 with expiry date October 5, 2021; warrants issued on December 29, 2016 at $1.00 with expiry date December 29, 2021; and warrants issued on August 1, 2019 and September 18, 2019 at $0.50 with expiry dates August 1, 2023 and September 18, 2023, respectively. The original expiry dates will remain, subject to the accelerated exercise period provision as set out below.
Valterra Resource Corporation: Valterra Updates Progress at Livramento Predevelopment Gold Project, Brazil
Vancouver, British Columbia (Newsfile Corp. - February 17, 2021) -
Valterra Resource Corporation (TSXV: VQA) (OTCQB: VRSCF) ( Valterra or the Company ) has completed a number of requisite tasks prior to commencement of a 5,000-tonne bulk-sampling program at the Livramento gold project, located in the Poconé Mining District, Mato Grasso, Brazil.
Acquisition - Poconé Mining Mineração Ltda, ( PMM ) is a private Brazilian company that Valterra is acquiring, subject to regulatory approval, as a wholly owned Brazilian subsidiary (the Transaction ). PMM is purchasing the Livramento property (see NR-09-20, 17 September 2020 for details of the transaction) and has assumed possession and full operational control of the gold project. Approval of the Transaction is taking longer than anticipated and supplemental submissions are currently being concluded to result in receipt of fi