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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

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Post by felix10on Mar 10, 2017 9:03pm
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Post# 25966958

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March 10, 2017
Luzich Partners LLC and its principal Nauman (Nick) Toor (together, the "Shareholder") announced that on January 12, 2017, they acquired shares resulting in their collective holding of 18,231,000 common shares (the "Shares") in the capital of Amerigo Resources Ltd. (the "Reporting Issuer"), a Vancouver-based copper producer.

Immediately prior to the acquisition, the Shareholder owned 17,481,000 Shares representing approximately 9.9% of the then issued and outstanding Shares. This recent acquisition increases the Shareholder's position in the Shares of the Reporting Issuer by 750,000 (or approximately 0.43%) to 18,231,000, or approximately 10.43% of the presently issued and outstanding Shares of the Reporting Issuer.

The securities were acquired in multiple trades through the facilities of the Toronto Stock Exchange at prices ranging from $0.39 to $0.68 per Share for an aggregate purchase price of $313,623.00. The Shareholder has acquired the Shares for investment purposes, and may acquire further Shares, or dispose of its holdings of the Shares, both as investment conditions warrant. The Reporting Issuer is listed on the Toronto Stock Exchange under the symbol "ARG".

The Shareholder is located at 5055 West Patrick Lane, Suite 104, Las Vegas, Nevada 89118. For further information, please contact Nauman (Nick) Toor at (702) 871-0000, e-mail: ntoor@luzichpartners.com. The Reporting Issuer's head office is located at Suite 1260 - 355 Burrard Street, Vancouver, B.C. V6C 2G8.

The dissemination of this release in the United States or to any United States news service may constitute a violation of U.S. securities laws.

SOURCE Luzich Partners LLC

To view the original version on PR Newswire, visit: https://www.newswire.ca/en/releases/archive/March2017/10/c8160.html

SOURCE: Luzich Partners LLC

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