reports
Vendetta Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 23, 2021) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce a non-brokered private placement of up to 10,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $500,000. Each Unit will be comprised of one common share and one-half of one common share purchase warrant exercisable for three years at a price of $0.07 per share.The private placement is subject to the approval of the TSXV and the securities will be subject to a four-month hold period under securities laws. Net procee...
Vendetta Announces Extending of Loan to Dec 2022
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2021) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce that it has extended the maturity of the Company's loan with Nebari Natural Resources Credit Fund I LP ("Nebari") to December 31, 2022. The adjusted material terms of the financing as set forth in the term sheet, include the following:Repayment of the current principal amount of US$1,957,794 extended to December 31, 2022.Principal repayment "holiday" until December 31, 2021, when quarterly principal repayments of US$200,000 commence. Quarterly...
Vendetta Announces Shares for Debt Transaction
Vancouver, British Columbia--(Newsfile Corp. - January 5, 2021) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") announces that the Company has entered into debt settlement agreements with two arms' length creditors of the Company, pursuant to which it will settle aggregate debt of approximately $100,292.16. Under the terms of the first debt settlement agreement, the Company has agreed to settle debt in the amount of $44,625.00 through the issuance of 686,538 common shares in the capital of the Company ("Common Shares") at a price of $0.065 per Common Share. Under the terms o...
Vendetta Announces Pegmont Project Awarded Grant from Queensland Gover...
Vancouver, British Columbia--(Newsfile Corp. - August 12, 2020) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce that it has been awarded an A$200,000 grant under the Queensland Government's Collaborative Exploration Initiative ("CEI") to test a conceptual exploration target, the Pegmont Deeps Zinc Target, as described below.Collaborative Exploration InitiativeThe CEI is a Queensland Government initiative designed to encourage the testing of new exploration concepts of economic and technical merit by directly supporting companies to test high quality ex...
Vendetta Closes Final Tranche of Its Non-Brokered Private Placement an...
Vancouver, British Columbia--(Newsfile Corp. - July 2, 2020) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce that it has closed the final tranche of its previously announced Private Placement with a total of 6,326,138 units being issued at a price of $0.04 per Unit for gross proceeds of $253,045.52. Each Unit comprises of one common share and one common share purchase warrant exercisable for three years at a price of $0.06. Together with the proceeds from the first tranche, the Company issued 20,288,188 units for a total of $811,527.52. All securities...
Vendetta Closes First Tranche of Its Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 6, 2020) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce that the Company has requested from the TSX Venture Exchange an increase of its previously announced non-brokered private placement (the "Private Placement") of up to 11,000,000 units (the "Units") to 20,000,000 Units for gross proceeds of $800,000.The Company has closed the first tranche of the Private Placement with a total of 13,962,050 units being issued at a price of $0.04 per Unit for gross proceeds of $558,482. Each Unit comprises of one co...
Vendetta Announces Amendment of Warrants and Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 20, 2020) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") announces it has received approval from the TSX Venture Exchange ("TSXV") to amend the exercise price and expiry date of common share purchase warrants (each, a "Warrant") previously issued in connection with its non-brokered private placement of units of the Company that closed on June 3, 2019. The Warrants (as amended) now have the same exercise price and expiry date as those issued pursuant to its non-brokered private placement of units that closed on July 30, 2...
Vendetta Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2020) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce a non-brokered private placement of up to 11,000,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $550,000. Each Unit will be comprised of one common share and one common share purchase warrant exercisable for three years at a price of $0.075 per share.The private placement is subject to the approval of the TSXV and the securities will be subject to a four-month hold period under securities laws. Net proceeds from...
Vendetta Announces Results of Pegmont Material Sorting Test Work
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2020) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce the positive results of the material sorting test work using commercial X-ray Transmission ("XRT") material sorters. The purpose of the material sorting test work was to determine the suitability of the XRT sensors to differentiate potential mill feed from waste material at Pegmont. At Pegmont the potential advantages of XRT material sorters is that they could allow plant feed material to be screened prior to grinding and flotation, removing...
Vendetta Announces Share Subscription Agreement
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2020) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce that it has entered into a into a C$500,000 share subscription facility ("SSF") agreement with Scharfe Holdings Inc. ("Scharfe") for a term of 12 months. Such term can be renewed for an additional C$500,000 on the same terms as the original SSF for a period of 12 months at the sole discretion of Scharfe.Under the terms of the SSF, Vendetta may at any time while this agreement is in effect, send a draw down notice to Scharfe specifying the nu...
Vendetta Closes Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - July 30, 2019) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce that it has closed an additional non-brokered private placement of 11,533,332 units (the "Units") at a price of $0.09 per Unit for gross proceeds of $1,037,999.88, forming part of a larger offering of up to $1,700,000 in gross proceeds (the "Private Placement"). Each Unit comprises one common share and one common share purchase warrant exercisable for three years at a price of $0.13 per share.Together with the proceeds from the non-brokered pr...
Vendetta Provides Project and Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2019) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to provide an update on project activities.Ore Sorting Test WorkThe Company has shipped three composites from three previously completed drill holes for sensor-based ore sorting screening test work; two holes from Zone 5 and one hole from Zone 2 (both sulphide mineralisation). Included in each sample was material from both the hanging wall and footwall at below cut-off grades to simulate mining dilution, at twice the amount of dilution assumed in the PEA m...
Vendetta Secures 100% Interest in Pegmont Lead / Zinc Project and Clos...
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2019) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce that the Company completed all payments to the vendor of the Pegmont Lead-Zinc project on May 9, 2019, at which time the sale to Vendetta of the Project completed and Vendetta is now the owner of the Pegmont tenements. The formal transfer to update the legal title to the exploration permit and three mining leases that comprise the project is now in progress. To hasten the transfer processes, in December 2018, the Company obtained indicative appr...
Vendetta Closes A$3.0M Funding Package to Complete Pegmont Acquisition...
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2019) - Vendetta Mining Corp. (TSXV: VTT) (the "Company" or "Vendetta") is pleased to announce that it has closed the previously announced financing package with Nebari Holdings LLC. and that, as a result, the Company is now in a position to make its final property payment to Pegmont Mines Ltd., as vendor, and acquire a 100% interest in the Pegmont Lead-Zinc project.The Company would like to thank Pegmont Mines Ltd for assisting Vendetta with the agreements necessary to close the Nebari financing.Private Placement UpdateThe Company has ame...
Vendetta Obtains Due Diligence Clearance for A$3.0M Funding Package to...
Vancouver, British Columbia--(Newsfile Corp. - April 25, 2019) - Vendetta Mining Corp. (TSXV: VTT) (the "Company" or "Vendetta") is pleased to announce that it has been advised by Nebari that technical due diligence has been completed to their satisfaction. The material terms for the funding package described by the Company on April 12th, are now being finalised in a definitive agreement. The funding facility remains on track to Close and provide funds by May 6th.The proceeds of the proposed financing will be used to pay the final Pegmont Lead-Zinc property payment of A$3,000,000 and in doing...
Vendetta Signs Term Sheet for A$3.0M Funding Package to Complete Pegmo...
Vancouver, British Columbia--(Newsfile Corp. - April 12, 2019) - Vendetta Mining Corp. (TSXV: VTT) (the "Company" or "Vendetta") is pleased to announce that it has entered into a non-binding term sheet for a proposed financing transaction with Nebari Holdings LLC ("Nebari").The proceeds of the proposed financing are planned to be used to pay the final Pegmont Lead-Zinc property payment of A$3,000,000 and in doing so complete the Company's acquisition of a 100% interest in the Pegmont Lead-Zinc project.Michael Williams, Vendetta's President and CEO commented "Upon completion, this financing wi...
Vendetta Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - March 29, 2019) - Vendetta Mining Corp. (TSXV: VTT) is pleased to announce that it has paid the Pegmont project Vendor (Pegmont Mined Ltd.) A$50,000 to extend the March 31 payment of A$300,000 to May 6. On May 6 the Company may further extend the final property payment of A$3,000,000 to November 6, by paying a further A$350,000. This allows the Company time to complete negotiations and obtain TSX-V approvals for an financial instrument that will allow the Company to pay the A$3,000,000 and complete the acquisition of the Pegmont Lead-Zinc proje...
Vendetta Files NI 43-101 Technical Report - Pegmont Updated Mineral Re...
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2019) - Vendetta Mining Corp. (TSXV: VTT) announces the filing of the National Instrument 43-101 ("NI 43-101") Technical Report (the "Report") entitled "Updated Mineral Resource Estimate and Preliminary Economic Assessment of the Pegmont Lead-Zinc Project". The Report which is dated March 14, 2019 and is effective January 22, was prepared in compliance with National Instrument 43-101- Standards for Disclosure for Mineral Projects ("NI 43-101"). The Report is available under Vendetta's profile on SEDAR at and will be placed on Vendetta'...
Vendetta Announces a $1.5 Million Financing and Evaluating Potential D...
Vancouver, British Columbia--(Newsfile Corp. - March 11, 2019) - Vendetta Mining Corp. (TSXV: VTT) ("Vendetta" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") for gross proceeds of up to CAD$1.5 million.Private PlacementThe Company plans to issue up to 12 million units at $0.125 cents per unit to raise gross proceeds of $1.5 million (subject to TSX Venture Approval). Each unit will comprise one common share and one-half common share purchase warrant at an exercise price of $0.18 for a period of two years following the closing of the financing.All Shar...
Vendetta Announces Positive Preliminary Economic Assessment with Pre-T...
Vancouver, British Columbia--(Newsfile Corp. - January 28, 2019) - Vendetta Mining Corp. (TSXV: VTT) (Vendetta or the Company) is pleased to announce the results of an independent Preliminary Economic Assessment (PEA) for its Pegmont Lead-Zinc Project (the Project) in Queensland, Australia. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101).The PEA was developed by a team of independent consultants, including AMC Mining Consultants (Canada) Ltd., (AMC), GR Engineering Services (GRES), and AARC Environmental Solutions (AAR...
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