Montero Mining and Exploration Ltd. is a Canadian company focused on the exploration, discovery, and development of mineral properties, primarily in Chile, with over 203 km² of copper-molybdenum exploration concessions in northern Chile’s Atacama region. The company's Management and Board of Directors bring extensive experience in precious metals, base metals, and critical battery metals and the company’s geological and administrative teams are based in Chile, ensuring a strong local presence and expertise. In addition to its current focus in Chile, Montero has a history of significant mineral discoveries in other countries, including rare earth elements in Tanzania, lithium in Namibia, and phosphates in South Africa. Furthermore, the company has a fully funded US$2.32 million ICSID arbitration case against the government of Tanzania for the expropriation of a rare earth project. The company secured a $799.95K Post-IPO Equity investment on 29 December 2023. The source of this investment and additional investors, however, has not been disclosed. With its strong focus on mineral exploration and projects in resource-rich areas, Montero Mining and Exploration Ltd. presents an intriguing opportunity for potential investors.
Funding Stage | Amount | No. Investors | Investors | Date |
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Post-IPO Equity | $799.95K | - | 29 Dec 2023 |
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