Constellation Copper files an assignment in bankruptcy under the Bankruptcy and Insolvency Act

Constellation Copper Corporation announced that it has filed an assignment in bankruptcy under the Bankruptcy and Insolvency Act (Canada). The Lisbon Valley mine was originally financed with a $30.0 million collateralized loan package from Investec Bank (UK) Limited and a $3.0 million subordinated loan from Sempra Metals & Concentrates Corp.. The Investec financing facility was amended in February... 

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Mexoro Minerals Enters Into Negotiations for Project Financing

Mexoro Minerals Ltd. is pleased to announce that it has entered into negotiations for project financing with Minera Rio Tinto, a private well funded Mexican corporation with existing mining operations in Mexico. The financing is to be used to initiate production at Mexoro’s Cieneguita project as well as to complete a feasibility study on the property. Mario Ayub, President of Minera Rio Tinto... 

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Jaguar signs letter of intent with Glencore and Constellation Copper on proposed restructuring

Jaguar Financial Corporation announced that it has entered into a non-binding letter of intent with Glencore International AG and Constellation Copper Corporation for the purpose of carrying out a proposed restructuring of Constellation as disclosed by Constellation in its press release dated September 3, 2008. Under the Proposed Restructuring, Glencore and Jaguar will invest $10,000,000 in Units... 

Jaguar enters into letter of intent with Glencore and Majority of Debentureholders on proposed restructuring of Constellation Copper

Jaguar Financial Corporation announced it has entered into a letter of intent with Glencore International AG and certain holders of convertible debentures of Constellation Copper Corporation for the purpose of carrying out a proposed restructuring of Constellation. The parties to the LOI are Jaguar, Glencore and certain holders of Debentures owning in excess of two-thirds of the total principal... 

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