BULLETIN V2026-3340
MONTEORO MINERALS LTD. ("MTAU")
BULLETIN TYPE: New Listing-Shares
BULLETIN DATE: October 29, 2026
TSX Venture Tier 2 Company
New Listing-Shares
Effective at the opening, Monday, November 2, 2026, the common shares of the Company will commence trading on TSX Venture Exchange. The Company is classified as a 'Gold and Silver Ore Mining' company.
The Company's Filing Statement dated October 26, 2026, has been filed with and accepted by TSX Venture Exchange.
On October 29, 2026, Monteoro Minerals Ltd. (formerly 1287405 BC Ltd.) ("ShellCo"), an unlisted reporting issuer, acquired the issued and outstanding securities of Monteoro Resources Ltd. ("Monteoro"), a private mining issuer, pursuant to a plan of arrangement (the "Arrangement") which resulted in a reverse takeover of ShellCo by Monteoro. Pursuant to the Arrangement, 122,241,040 Resulting Issuer shares were issued in exchange for common shares of Monteoro at a deemed price of $0.75 per share. ShellCo completed a share consolidation on a 3.875 (old) for 1 (new) basis in connection with the Arrangement.
Concurrent with the Arrangement, Monteoro completed a brokered private placement of 13,182,800 subscription receipts at $0.75 per receipt, and a non-brokered private placement of 160,000 subscription receipts at $0.75 per receipt. Each subscription receipt was exchanged for 1 Resulting Issuer unit in connection with the Arrangement. Each unit was comprised of 1 common share and a 0.5 share purchase warrant. Each whole warrant entitles the holder to acquire 1 common share at an exercise price of $1.00 per share for 36 months after listing.
Post-Arrangement, the Resulting Issuer is Monteoro Minerals Ltd.
80,294,421 shares and 3,600,000 options issued to Principals pursuant to the Arrangement are subject to a Tier 2 Escrow Agreement to be released over a 36-month period. In accordance with the Exchange's Seed Share Resale Restrictions, 3,500,000 common shares issued to non-Principals are legended and will be released over a 12-month period.
The Qualifying Property is located in Colombia.
For further information, please refer to the Company's Filing Statement dated October 26, 2026 and the Company's closing news release dated October 29, 2026.
Corporate Jurisdiction: British Columbia
Capitalization: unlimited common shares with no par value of which
136,583,840 common shares are issued and outstanding
Escrowed Shares: 80,294,421 common shares
Transfer Agent: Endeavor Trust Corporation
Trading Symbol: MTAU (new)
CUSIP Number: 61238E 10 5 (new)
Company Contact: Robert W. Neill, President and Chief Executive Officer
Company Address: 615 - 800 West Pender Street
Vancouver, BC V6C 2V6
Company Phone Number: (647) 259-7589
Company Email Address: bneill@monteoro.co
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