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Tag "san-marco-resources-inc"

San Marco to Raise $700,000 in Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 06/20/12 — San Marco Resources Inc. (TSX VENTURE: SMN) announces that it is arranging a non-brokered private placement of 7,000,000 units at $0.10 per unit for gross proceeds of $700,000.Each unit will consist of one common share and one-half of a non-transferable warrant, each whole warrant exercisable to purchase a further share for 24 months at $0.20. After the four month restricted resale period expires, the expiry of the warrants may be acce

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San Marco Drills 70 Meters of 0.74 g/t AuEq Gold/ Silver Oxide at Los Carlos 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/23/12 — San Marco Resources Inc. (TSX VENTURE: SMN) is pleased to report results from the first phase of core drilling at its 100% optioned Los Carlos property in the "Sonora Mojave Megashear", Sonora State, Mexico.Los Carlos is an intermediate sulphidation, epithermal type system where gold/silver/lead veinlets are hosted in rhyolite porphyry. Several gold mines operate in the area, such as Goldgroup-s Cerro Colorado mine 18km to th

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San Marco Raises $413,100 in Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/16/12 — San Marco Resources Inc. (TSX VENTURE: SMN) has completed its non-brokered private placement announced March 30, 2012 by selling 2,754,001 units at $0.15 per unit for gross proceeds of $413,100.Each unit consisted of one common share and one-half of a non-transferable warrant, each whole warrant exercisable to purchase a further share for 18 months at $0.30. After the four month restricted resale period expires, the expiry of the warra

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San Marco Raises $320,000 in Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/09/12 — San Marco Resources Inc. (TSX VENTURE: SMN) announces that it has completed a non-brokered private placement of 2,133,334 units at $0.15 per unit for gross proceeds of $320,000. Finders- fees equal to 6% of the gross proceeds were paid in cash or shares. The shares issued in the placement, and any shares issuable on exercise of the warrants, are subject to a four month restricted resale period expiring on July 9, 2012.Each unit consist

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