Vancouver, British Columbia – August 16, 2017 – Batero Gold Corp. (“Batero,” the “Company”) (TSX- V:BAT) (Frankfurt:68B) (Pinksheets:BELDF) is pleased to announce the grant of 1,500,000 stock options (“Options”) to purchase common shares (“Shares”) to Gonzalo de Losada, President and CEO of Batero. All of the Options granted will vest immediately and have an exercise price of $0.20 per Share for a term of up to 5:00 p.m. Vancouver Time on the 15th day of August, 2022. The Options will expire 90 days after Mr. de Losada ceases to be employed by, or provide services to, the Company.
The Company announces that Mr. Alvaro Espinoza has resigned as Executive Vice President of the Company. The Company would like to thank Mr. Espinoza for his dedication, hard work and support.
VANCOUVER, British Columbia – June 23, 2017 –Batero Gold Corp. (“Batero” or the “Company”) announces that Mr. Felipe Ferraro has resigned as Chief Executive Officer and President and as a director of the Company effective June 22, 2017. Mr. Gonzalo de Losada will succeed Mr. Ferraro as Chief Executive Officer and President, and will join Batero’s Board of Directors (the “Board”) effective June 22, 2017.
VANCOUVER, British Columbia – November 3, 2016 –Batero Gold Corp. (“Batero” or the “Company”) is pleased to announce it has closed the previously announced transaction involving the sale of all of its shareholdings of CB Gold Inc. to Red Eagle Mining Corporation (“Red Eagle”) in exchange for 7,428,126 common shares of Red Eagle (the “Red Eagle Shares”). Following closing of the transaction with Red Eagle, Batero sold the Red Eagle Shares for cash consideration of approximately Cdn.$7,056,000.