Rochester Resources Ltd V.RCT

Alternate Symbol(s): RCTFF

Metals & Mining Industrial Metals & Minerals

Rochester Resources Ltd. is a Canada-based company engaged in the exploration and development of its mineral property interests in Mexico. The Company holds a 100% interest in the Mina Real and San Francisco Properties, which are located in the state of Nayarit, Mexico, east of the state capital city of Tepic. In addition, the Company has an agreement to acquire a 70% interest in the Santa Fe Property. The Mina Real Property consists of 11 mining concessions and one mineral claim encompassing a total area of over 21,367.42 hectares (ha). The contiguous Santa Fe Property consists of one mining concession totaling approximately 3,852.66 ha. The San Francisco Property consists of 12 mining concessions encompassing over 18,125.05 ha. Its subsidiaries include ALB Holdings Ltd., Mina Real Mexico S.A. de C.V. and Compania Minera Santa Fe S.A. de C.V.

TSXV:RCT - Post by User

Rochester Resources Ltd

Bullboard Posts

Post by marginedouton Jan 14, 2015 1:45pm

176 Views

Post# 23318950

news release

Would the resident dumbass lend the company $1.1 MM for purely altuistic reasons?

Rochester borrows $1.1-million (U.S.) from president

2015-01-14 11:13 MT - News Release

Mr. Nick DeMare reports

ROCHESTER RECEIVES LOAN FUNDING

Rochester Resources Ltd. has received loan proceeds of $1.1-million (U.S.) from the president of the company. The funds have been advanced to provide necessary working capital for the company's wholly owned operating subsidiary. The loan is unsecured, has no fixed repayment terms and bears interest at 12 per cent.

Bullboard Posts

What will the U.S. election results mean for Canada?