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Montero Mining and Exploration Ltd (TSX-V:MON, OTC:MXTRF) is moving to raise up to C$2.2 million through a private placement, proceeds it says will go toward drilling at its Elvira Gold Project and advancing its broader portfolio of Chilean mineral assets. The non-brokered offering will consist of up to 4 million units priced at C$0.55 each.

Toronto, Ontario--(Newsfile Corp. - August 21, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement of up to 4,000,000 units ("Units") at a price of CAD$0.55 per Unit, for gross proceeds of up to CAD$2,200,000 (the "Offering").

Montero Mining and Exploration Ltd (TSX-V:MON, OTC:MXTRF) said a new drillhole at its Elvira Gold Project in northern Chile hit strong signs of a gold-bearing hydrothermal system, with pyrite mineralization found at depth. The hole, MON-ELV-02, was drilled to 625.25 metres and targeted a zone the company flagged as high-priority using geological mapping, geochemistry, geophysics and AI-assisted data modelling.

Toronto, Ontario--(Newsfile Corp. - August 4, 2026) - Montero Mining and Exploration Ltd. (TSXV: MON) (OTC Pink: MXTRF) (FSE: ES0) ("Montero" or the "Company") is pleased to provide an update on geological logging and sampling of drillhole MON-ELV-02 at the Elvira Gold Project in northern Chile.