Nativo Resources plc has agreed a new £2.1 million unsecured loan agreement with institutional investor YA II PN Ltd, which is managed by Yorkville Advisors Global LP. PERU The new package replaces the November 2025 convertible loan note. In addition to the loan, the funding includes an at-the-market (ATM) equity issuance facility with Nativo’s corporate […]
Tag: Tesoro gold concession – Nazca-Ocona gold corridor – Arequipa – south of Lima
Nativo awards mining-logistics contracts for Bonanza
Nativo Resources plc has awarded mining and logistics contracts for the Bonanza gold mine on its Tesoro concession in the Arequipa region, within the Nazca-Ocona gold corridor of Peru. PRODUCTION Mining service provider Constructora e Inversiones Andina Kuboc C&P SAC will move the first 25 personnel to the site next week, before adding more employees […]
Nativo reveals ‘vein structures’ at Bonanza
Nativo Resources plc has exposed “vein structures” from a 20-trench excavation programme at the Bonanza gold mine on its Tesoro gold concession in the Nazca-Ocona gold corridor, Arequipa, southern Peru. ORE SHOOTS Samples from channel sampling will be sent for assays, with results expected to help refine “longitudinal sections and mineralised shoot interpretation”. Nativo said […]
Nativo issues 13.6m new shares
Nativo Resources plc has issued 13,641,002 new ordinary shares of 0.15 pence in lieu of cash for services and accrued directors’ salaries. TVRs A total of 4,090,909 new ordinary shares of 0.15 pence each were issued, at a price of 0.44 pence per new ordinary share, for services. Chief executive officer Stephen Birrell and executive chairman Christian Yates, subscribed for ordinary […]
Nativo conditionally raises £400,000
Nativo Resources plc has conditionally raised £400,000 via a placing and subscription of a total 88,888,889 new ordinary shares of 0.15 pence each, at 0.45 pence per share. TVRs Each participating investor will receive one warrant for every subscription share, which is exercisable at 0.45 pence for 12 months from admission. Proceeds will contribute to […]
Nativo raises £115,384
Nativo Resources plc has raised £115,384 via a subscription for 38,461,333 new ordinary shares, each at a price of £0.003 pence, by a new institutional investor. TVRs Proceeds will go contribute to the company’s working capital for its projects in Peru. Following admission, Nativo’s issued share capital will comprise 361,930,728, with voting rights. The company’s assets include […]