Loreto Resources Corporation to Purchase Minera Huallanca S.A.

Loreto Resources Corporation announce that it has entered into a nonbinding agreement to acquire 100% of the outstanding common shares of Minera Huallanca S.A., a Peruvian company. Huallanca, based in Lima, Peru, currently produces zinc, lead, copper, and silver in concentrate form. During 2008, it operated 2 mines at a combined run rate of 500,000 metric tons of mined ore. The company also has several... 

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Loreto Resources Corporation Announces the Closing of a $1,350,000 Private Placement

Loreto Resources Corporation, announced today that it completed an initial closing of its private placement of common stock to institutional and accredited investors for aggregate gross proceeds of $1,350,000. The common stock was issued at $1.00 per share. The Company plans to use the net proceeds of the financing to begin to capitalize on mining opportunities in South America, initially in Peru,... 

Loreto Resources Corporation Appoints Luis Saenz CEO and President

Loreto Resources Corporation is pleased to announce that Mr. Luis Saenz has joined the Company as our CEO, President and Director effective today, July 21, 2008. Mr. Saenz brings an extensive track record of mining industry leadership to Loreto Resources. With over 15 years of industry experience, Mr. Saenz was most recently employed at Standard Bank (“Standard”) with Standard’s investment... 

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