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 [...]

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 [...]