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.
VANCOUVER British Columbia - November 2 2016 - Batero Gold Corp. ("Batero" or the "Company") is pleased to announce that it has entered into a binding agreement with Red Eagle Mining Corporation ("Red Eagle") an arms length party pursuant to which the Company will sell to Red Eagle all of its shareholdings of CB Gold Inc. ("CB Gold") with its head office at Suite 2348-666 Burrard Street Vancouver BC V6C 2X8 being 83020237 common shares of CB Gold (the "CB Shares") which is approximately 23% of the current issued and outstanding common shares of CB Gold at a deemed price of C$0.085 per CB Share. As consideration for the CB Shares Red Eagle will issue to Batero 7428126 common shares of Red Eagle. The settlement of the transaction is anticipated to occur on November 2 2016.