Key Developments: Morumbi Resources Inc (MOC.V)

MOC.V on TSX Venture Exchange

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30 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Morumbi Resources Inc Closes Private Placement
Tuesday, 21 May 2013 01:49pm EDT 

Morumbi Resources Inc announced that it has closed a non-brokered private placement offering (the Offering) for gross proceeds of $252,000. The Company issued 1,260,000 units (each a Unit), at a price of $0.20 per Unit. Each Unit consists of one common share of the Company (Common Share) and one common share purchase warrant (each a Warrant). Each Warrant entitles the holder thereof to acquire one Common Share of the Company at a price of $0.25 until May 17, 2015.  Full Article

Morumbi Resources Inc Appoints Chris Buncic as President & Chief Executive Officer
Friday, 1 Mar 2013 12:51pm EST 

Morumbi Resources Inc announced that Chris Buncic, CFA, P.Eng has been appointed President & Chief Executive Officer (CEO) of the Company. Mr. Buncic is assuming the role of CEO from Mr. Lindsay Semple, who has served as Morumbi's CEO since July, 2012.  Full Article

Morumbi Resources Inc Closes Private Placement
Thursday, 31 Jan 2013 06:15pm EST 

Morumbi Resources Inc announced that it has closed a non-brokered private placement offering (the Offering) for gross proceeds of $165,025. The Company issued 471,500 units (each a Unit), at a price of $0.35 per Unit. Each Unit consists of one common share of the Company (Common Share) and one common share purchase warrant (each a Warrant). Each Warrant entitles the holder thereof to acquire one Common Share of the Company at a price of $0.45 until January 31, 2015, subject to earlier exercise in accordance with the terms thereof. The proceeds raised from the Offering will be used for general working capital.  Full Article

Morumbi Resources Inc Announces Resignation Of Thomas Loch As President & Chief Operating Officer
Thursday, 3 Jan 2013 11:12am EST 

Morumbi Resources Inc announced that Mr. Thomas Loch has resigned as President and Chief Operating Officer of the Company, effective December 31, 2012. Mr. Loch was a founder of the Company, and had been its President & C.O.O. since December 2009. He remains a director of the Company.  Full Article

Morumbi Resources Inc Closes Private Placement
Monday, 17 Dec 2012 05:41pm EST 

Morumbi Resources Inc announced that it has closed a second tranche of a non-brokered private placement offering (the Offering) for gross proceeds of $150,000. The Company issued 428,571 units (each a Unit), at a price of $0.35 per Unit. Each Unit consists of one common share of the Company (Common Share) and one common share purchase warrant (each a Warrant). Each Warrant entitles the holder thereof to acquire one Common Share of the Company at a price of $0.45 until December 14, 2014, subject to earlier exercise in accordance with the terms thereof. All securities issued pursuant to the Offering, including the Common Shares and Warrants underlying the Units, the Common Shares underlying the Warrants, the Finder Warrants and the Common Shares and Warrants underlying the Finder Warrants are subject to a four month and one day statutory hold commencing from closing. The Offering is subject to TSX Venture Exchange acceptance of requisite regulatory filings. The proceeds raised from the Offering will be used for general working capital.  Full Article

Morumbi Resources Inc Closes Private Placement
Wednesday, 21 Nov 2012 08:00am EST 

Morumbi Resources Inc announced that it has closed a non-brokered private placement offering for gross proceeds of $1,005,099.55. The Company issued 2,871,713 units, at a price of $0.35 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share of the Company at a price of $0.45 until November 20, 2014. In connection with the Offering, the Company paid $69,508 in cash fees and also issued 198,594 finder warrants to three eligible arm's length persons. Each Finder Warrant entitles the holder thereof to acquire one Unit of the Company at a price of $0.35 per Unit until November 20, 2014.  Full Article

Morumbi Resources Inc Closes Private Placement
Monday, 17 Sep 2012 09:38am EDT 

Morumbi Resources Inc announced that that it has closed the final tranche of the non-brokered private placement offering for gross proceeds of $100,000. The Company issued 250,000 units, at a price of $0.40 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share of the Company at a price of $0.45 until September 14, 2014, subject to earlier exercise in accordance with the terms thereof. Together with the closing of the first tranche on September 10, 2012, Morumbi has issued a total of 1,250,000 Units resulting in total gross proceeds to the Company of $500,000 from the sale of Units pursuant to the Offering. In connection with the Offering, the Company paid $6,000 in cash fees and also issued 15,000 finder warrants to an eligible arm's length person. Each Finder Warrant entitles the holder thereof to acquire one Unit of the Company at a price of $0.40 per Unit until September 14, 2014. All securities issued pursuant to the Offering, including the Common Shares and Warrants underlying the Units, the Common Shares underlying the Warrants, the Finder Warrants and the Common Shares and Warrants underlying the Finder Warrants are subject to a four month and one day statutory hold commencing from closing. The proceeds raised from the Offering will be used for general working capital.  Full Article

Morumbi Resources Inc Closes Private Placement
Monday, 10 Sep 2012 06:58pm EDT 

Morumbi Resources Inc announced that it has closed a non-brokered private placement offering (the Offering) for aggregate gross proceeds of $400,000. The Company issued 1,000,000 units (each a Unit), at a price of $0.40 per Unit. Each Unit consists of one common share of the Company (Common Share) and one common share purchase warrant (each a Warrant). Each Warrant entitles the holder thereof to acquire one Common Share of the Company at a price of $0.45 until September 10, 2014, subject to earlier exercise in accordance with the terms thereof. In connection with the Offering, the Company paid an aggregate amount of $14,520 in cash fees and also issued an aggregate of 36,300 finders warrants (the Finders Warrants) to certain eligible arm's length persons. Each Finders Warrant entitles the holder thereof to acquire one Unit of the Company at a price of $0.40 per Unit until September 10, 2014. The proceeds raised from the Offering will be used for general working capital.  Full Article

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