Cerro Mining Corp. Announces Shareholder Loan
22 3월 2014 - 6:16AM
Access Wire
Vancouver, B.C. / ACCESSIRE / March 21, 2014 / CERRO
MINING CORP. (TSX-V: CRX)
("Cerro" or the "Company") announces that it
has entered into loan agreements (the "Loan Agreements") with
shareholders of the Company (the "Lenders") for an aggregate amount
of Cdn$60,000 (the "Loan").
The purpose of the Loan is to
provide Cerro with the funds to cover its claim maintenance
payments on the Lajitas and Nevada properties in Chile and working
capital. The Loan is non-interest bearing and will be repaid at the
demand of the Lenders.
About Cerro Mining Corp.
Cerro is a
publicly traded, junior exploration and mineral development company
with a strong portfolio of precious and base metal projects in
Chile, USA and Atlantic Canada. Cerro has a 100% interest in the
Lajitas and Nevada gold-copper properties located in the Maricunga
Gold and Copper District and approximately 700 kilometres northwest
of Santiago, Chile. The properties comprise ten exploration claims
and six exploitation claims totalling a cumulative 3,500 hectares
in area. Cerro holds a 100% interest in the Tinton Gold Project
located 15 kilometres west-northwest of the famous and historic
Homestake Mine in the Black Hills at Lead, South Dakota. The Tinton
property consists of 1,270 hectares contained in 157 unpatented
mining claims.
For further information about
Cerro Mining Corp. and this news release, contact Sharon Lewis,
director, at 604-662-3230.
CERRO MINING
CORP.
"Jason Birmingham"
per
Jason Birmingham, Chief
Executive
Officer &
President
For further
information, please
contact:
Cerro Mining
Corp.
Sharon Lewis
Tel: 604-662-3230
Email:
info@capellaresources.com
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
release.
Cerro Mining Corp. (TSXV:CRX)
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