10:24:29 EDT Tue 21 May 2024
Enter Symbol
or Name
USA
CA



Montan Mining Corp
Symbol MNY
Shares Issued 22,601,037
Close 2015-09-11 C$ 0.10
Market Cap C$ 2,260,104
Recent Sedar Documents

ORIGINAL: Montan Mining begins trading on Santiago Stock Exchange

2015-09-14 12:49 ET - News Release

Received by email:

File: MONTAN News Release Santiagolisting and closing second tranche Converti....docx

/

Suite 1400 - 1111 West Georgia St.
Vancouver, BC V6E 4M3

PRESS RELEASE
MONTAN MINING CORP. LISTS ON SANTIAGO STOCK EXCHANGE, CLOSES SECOND TRANCHE OF CONVERTIBLE NOTE PLACEMENT 
Vancouver, BC, September 14, 2015 - Montan Mining Corp. (TSXV: MNY) (FSE: S5GM) (the "Company" or "Montan") announces 
--->that its shares commenced trading on the Santiago Stock Exchange ("SSE") under the symbol "MNYCL" on September 10, 201
--->5. On the SSE, Montan's shares trade in Chilean Pesos. This listing offers access to the Latin American Integrated Mar
--->ket ("MILA"), Latin America's largest stock trading platform.  This listing and platform will in time result in the Co
--->mpany's shares also being listed in the respective Andean markets of Peru, Colombia and Mexico under the MNYCL symbol.
--->  Trading of Montan shares on the SSEV will be denominated in Chilean Pesos.
The incorporation of Montan in the Venture Market of the Santiago Stock Exchange is enabled under the agreement signed
---> on March 2014 between the Santiago Stock Exchange and TSXV, which allows Canadian securities listed on the TSXV acces
--->s to a dual listing on the Venture Market of the Santiago Stock Exchange. Montan has included significant Latin Americ
--->an shareholders since inception, and the MNYCL listing provides the Company with access to investors and new funding o
--->pportunities in Latin American capital markets.  The MILA integrated platform allows investors in Chile, Peru, Colombi
--->a and Mexico to seamlessly trade shares listed on any of the four markets through their local broker and stock exchang
--->e. 
The Company's shares are also currently listed on the Frankfurt Exchange under the symbol S5GM (FSE: S5GM).
Luis Zapata, Executive Chairman of Montan Mining commented, "We are pleased to list Montan on the Santiago Stock Excha
--->nge. This listing gives our Latin American investors greater trading flexibility in their domestic markets, and contin
--->ues our plan to become increasingly vested in Latin America and to enhance participation by investors in these, our ho
--->st countries."
The Company also announces that it has closed the second tranche of its convertible note placement announced on August
---> 25, 2015.  The Company issued convertible notes (each, a "Note") in the aggregate amount of $129,069.75 (the "Offerin
--->g").  Each Note accrues simple interest at 14% per annum which has been prepaid until maturity, being one year from is
--->suance. The principal amount of each note is convertible at any time at a price of $0.125 into units of the Company co
--->mprising one common share and one common share purchase warrant. Each warrant may be exercised at an exercise price of
---> $0.175 into one additional common share of the Company until September 8, 2017.  The Company expects to close additio
--->nal tranches of the Offering in coming weeks.
The proceeds of the Offering will be used to advance the Company's operations at the Mollehuaca Gold Processing Plant 
--->in anticipation of its acquisition, as announced by the Company on June 11, 2015, and for working capital.
The Company did not pay any finder's fees in connection with the Offering.
The securities issued in connection with the closing of the Offering are subject to a restricted period that expires o
--->n January 9, 2016.

MONTAN MINING CORP. 
  
Ian Graham     
CEO and Director   
Ph: 1.604.671.1353     
Email: igraham@montanmining.ca  
About Montan Mining Corp.
Montan Mining Corp. (TSXV: MNY) (FSE: S5GM)  is positioned for growth in Peru through the acquisition and development 
--->of advanced and/or cash flow mining opportunities. Montan is backed by an experienced and high-energy management team 
--->with diverse technical, market and finance strengths and expertise and is supported by committed and sophisticated inv
--->estors focused on building value for the long term.
For more information, please visit the corporate website at http://www.montanmining.ca or contact:
Investor Contacts:

Ward Kondas
Corporate Development
Ph: +1 778 918 8384
Email: wkondas@montanmining.ca

Peru / South America:

Luis Zapata
Executive Chairman
Peru: + 51 980 782 111
Canada: 1.604.358.1382
Email: lzapata@montanmining.ca
 
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the 
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. 
 



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