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Batero Gold Corp V.BAT

Alternate Symbol(s):  BELDF

Batero Gold Corp. is a Canada-based precious and base metals advanced exploration company. The Company is engaged in the exploration and development of mineral property interests in Colombia. The Company is in the process of exploring and evaluating its exploration and evaluation assets. It focuses on developing the La Cumbre Gold Project in Risaralda, Colombia. La Cumbre is located within the Company's 100% owned Batero-Quinchia Gold Project. The Batero-Quinchia Gold Project encompasses multiple porphyry gold target centers. The Batero-Quinchia Project is located within the Municipality of Quinchia, Department of Risaralda, Republic of Colombia, approximately 55 kilometers (km) to the north of the regional capital, Pereira. The property consists of approximately 1,407 hectares (ha) tenement. Its new exploration drilling discovery at Matecana, located approximately 800 meters southeast of La Cumbre porphyry.


TSXV:BAT - Post by User

Bullboard Posts
Post by Easy2Mineon Jan 03, 2013 4:46pm
288 Views
Post# 20794257

Lots of Insiders in @ $0.065

Lots of Insiders in @ $0.065

 

 

Batero Gold 65-cent private placement

2013-01-03 16:27 ET - Private Placement

 

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 1, 2012, and Dec. 13, 2012.

 

Shares:  8,913,000 shares; 18,456,000 shares (upon the conversion of subscription receipts)

 

 

Price:  65 cents

 

 

Warrants:  five million share purchase warrants (upon the conversion of subscription receipts) to purchase five million shares

 

 

Exercise price:  90 cents for a three-year period

 

 

Placees:  three

 

 

Insiders:  Michelle Maria Navarro 2,791,000 and 6,152,000 subscription receipts; Thessa Maria Lina Navarro Grau Dyer 2,971,000 and 6,152,000 subscription receipts; Rafael Rafael Navarro Grau Dyer 2,971,000 and 6,152,000 subscription receipts

 

 

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