Nortec Minerals Corp V.NVT

Alternate Symbol(s): NMNZF

Metals & Mining Industrial Metals & Minerals

Nortec Minerals Corp. is a mineral exploration and mining project development company with a portfolio of gold, copper, and lithium assets in Scandinavia. It is engaged in the acquisition and exploration of mineral properties. It owns a 100% interest in the Sturgeon Lake VMS Property located in the Six Mile Lake, Bell Lake and Quest Lake township areas of the Patricia Mining Division of Northwestern Ontario. The Sturgeon Lake VMS Property comprises 417 unpatented mining claims having a combined area of over 8,500 hectares and is located over 80 kilometers (km) northeast of Ignace, Ontario. It owns a 100% interest in the Mattagami River Zinc property, which comprises 43 unpatented mining claims having a combined area of over 700 hectares and is located in Agate and Tucker townships of the Porcupine Mining Division of Northeastern Ontario, over 50 km northeast of the town of Kapuskasing, Ontario. Its projects also include Tammela Gold and Tammela Lithium projects in southwest Finland.

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Nortec Minerals Corp

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Post by lhyneson Dec 07, 2005 3:40pm

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Post# 9984383

Nortec Extends Financing Close Date

Nortec Ventures extends closing of financing to Jan. 6 2005-12-07 13:30 ET - News Release Mr. Mohan Vulimiri reports NORTEC ANNOUNCES EXTENSION OF PRIVATE PLACEMENT Nortec Ventures Corp. is extending the non-brokered private placement originally announced in Stockwatch on Oct. 26, 2005, for another month. The placement will now close on Jan. 6, 2006, instead of Dec. 9, 2005. This private placement will consist of up to three million units, priced at 15 cents per unit, to net the treasury gross proceeds of up to $450,000. Each unit shall consist of one common share and one non-transferable common share purchase warrant in the capital stock of the company. Each warrant will be exercisable for one common share of the company at an exercise price of 22.5 cents per share for a period of two years from the date of issuance. The proceeds of the private placement will be used for working capital. We seek Safe Harbor.

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