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May 12, 2010
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Halter Financial Group Completes $5.8 Million APO® with Chile Mining Technologies, Inc.
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Halter Financial Group consulted on an APO® transaction between Latin America Ventures, Inc., a public shell corporation formerly controlled by HFG, and Sociedad Minera Licancabur S.A., a Chilean company. Minera is a mineral extraction company located in the Republic of Chile, with the extraction of copper as its primary objective. Minera utilizes Minimum Intrusion Non-traditional Input, or MINI, plants, which are less expensive to construct and are located closer to source material deposits, thereby resulting in significant mineral processing savings. In a contemporaneous private offering, Minera effected an initial closing of it's private placement of securities whereby it issued shares of its common stock for gross proceeds of approximately $5.8 million. Following the close of the APO® transaction, Latin America Ventures will change its name to Chile Mining Technologies Inc. It's stock is currently traded on the OTCBB under the symbol LVEN.OB.
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Strong Track Record
Thu, 09 Sep 2010 11:06:11 GMT
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| ALN |
2.702 |
0.00 % |
0 |
| ATHX |
2.82 |
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0 |
| CAAS |
15.37 |
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| CAGC |
13.29 |
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150 |
| CBAK |
1.66 |
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| CBPO |
10.85 |
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| CHGS |
1.21 |
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| CNGL |
2.60 |
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| CPHI |
2.47 |
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| CRTP |
2.73 |
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| DXPE |
18.87 |
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0.58 |
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15.47 |
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24.25 |
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1.78 |
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5.15 |
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| YUII |
7.87 |
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*Note: Representative Transactions (partial list)
Deal Direct
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