2 June 2010director interest notice● Neutral
Gerard Pascale became a Chile Mining Technologies Inc. director and company insider (initial ownership filing).
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
2 June 2010securities registration● Neutral
Chile Mining Technologies Inc. filed notice of an exempt private placement.
1 June 2010director interest notice● Neutral
Huerta Ivan Orlando Vergara became a Chile Mining Technologies Inc. director and company insider (initial ownership filing).
28 May 2010substantial holder notice● Neutral
HALTER FINANCIAL INVESTMENTS, L.P, HALTER FINANCIAL INVESTMENTS GP, LLC, TIMOTHY P. HALTER, DAVID BRIGANTE, GEORGE L. DIAMOND, MARAT ROSENBERG reported a Chile Mining Technologies Inc. shareholding of 702,154 shares (7.50% of votes) in a periodic institutional filing.
24 May 2010substantial holder notice● Neutral
INVERSIONES ORELLANA UNO LTDA, JORGE OSVALDO ORELLANA ORELLANA disclosed a new substantial Chile Mining Technologies Inc. shareholding (41.50% of votes).
24 May 2010director interest notice● Neutral
Alain Orellana Sejas became a Chile Mining Technologies Inc. Chief Operating Officer and company insider (initial ownership filing).
24 May 2010director interest notice● Neutral
Pizarro Rodriguez Uno Ltda. Inversiones became a Chile Mining Technologies Inc. 10%+ owner and company insider (initial ownership filing).
24 May 2010director interest notice● Neutral
Jorge Osvaldo Orellana Orellana became a Chile Mining Technologies Inc. CEO and President and company insider (initial ownership filing).
24 May 2010director interest notice● Neutral
Jose Luis Munoz Aviles became a Chile Mining Technologies Inc. Chief Financial Officer and company insider (initial ownership filing).
24 May 2010director interest notice● Neutral
Arriagada Jorge Fernando Pizarro became a Chile Mining Technologies Inc. director and company insider (initial ownership filing).
24 May 2010substantial holder notice● Neutral
INVERSIONES PIZARRO RODRIGUEZ UNO LTDA, JORGE FERNANDO PIZARRO ARRIAGADA disclosed a new substantial Chile Mining Technologies Inc. shareholding (17.80% of votes).
24 May 2010director interest notice● Neutral
Orellana Uno Ltda. Inversiones became a Chile Mining Technologies Inc. 10%+ owner and company insider (initial ownership filing).
14 May 2010business combination● Neutral
This mandatory notice explains the May 2010 change of control: Minera's former owners hold about 83.33% and Galoppi resigns from the board, with Orellana effective immediately and Pizarro, Vergara, McLean and Pascale joining about ten days after mailing (around 27 May 2010). Orellana holds 41.52% via Inversiones Orellana uno, Pizarro's vehicle 17.75%, Halter Financial 10.52%, out of 9,364,593 shares outstanding. No vote is required; it confirms the structure already reported.
14 May 2010business combination● NeutralMajor
On 12 May 2010 the company acquired 99.9% of Chilean copper company Minera for 6,000,000 shares (83.33% of the company), after Halter Financial and Galoppi agreed to cancel 3,600,500 of their shares. It also sold 2,089,593 shares at $2.78 ($5,809,000) with warrants for 1,044,803 shares at $3.61, plus make-good warrants (exercisable at $0.01) that become exercisable if 2011 and 2012 net income falls short of $14,382,102 and $15,179,687. Halter Financial Group received a $190,000 3% note convertible at $2.78 and a make-good warrant for 985,104 shares. Control passed to Minera's founders, led by Jorge Orellana as Chairman and CEO; the empty shell now holds a copper business with 'MINI plant' electrowinning operations, and earlier Galoppi/Halter holdings were sharply reduced.
13 May 2010capital raising announcement● NeutralMajor
On 13 May 2010 the company announced it had closed a reverse acquisition of Chilean company Minera Licancabur S.A. and a private placement with accredited investors, with details to follow in another 8-K. This resolves the shell's search for a Latin American business; the filing itself gives no terms.
5 Jan 2009business combination● Neutral
Effective 30 Dec 2008 the company merged its wholly owned subsidiary Latin America Ventures, Inc. into itself and took that name, and applied to change its OTC Bulletin Board stock symbol. This is a name and paperwork change following the November 2008 share exchange; no new money or business is described.
21 Nov 2008director interest notice● Neutral
Pierre Galoppi became a Chile Mining Technologies Inc. President, CFO and Secretary and company insider (initial ownership filing).
21 Nov 2008substantial holder notice● Neutral
PIERRE GALOPPI disclosed a new substantial Chile Mining Technologies Inc. shareholding (75.00% of votes).
21 Nov 2008business combination● NeutralMajor
The shell company (then SMSA El Paso I Acquisition Corp.) acquired Latin America Ventures, Inc. on 18 Nov 2008 by issuing 1,500,000 new shares, giving Pierre Galoppi 75% of the 2,000,016 shares outstanding. Halter Financial Investments kept 400,000 shares (20%). Galoppi became sole officer and director, and the company said its plan is to find a Latin American private company to merge with; it had no capital and no candidate identified. This explains the earlier 75% holder filing for Galoppi.
14 May 2008director interest notice● Neutral
Halter Financial Investments Gp LLC became a Chile Mining Technologies Inc. 10%+ owner and company insider (initial ownership filing).
14 May 2008substantial holder notice● Neutral
HALTER FINANCIAL INVESTMENTS, L.P., HALTER FINANCIAL INVESTMENTS GP, LLC, TIMOTHY P. HALTER, DAVID BRIGANTE, GEORGE L. DIAMOND, MARAT ROSENBERG disclosed a new substantial Chile Mining Technologies Inc. shareholding (80.00% of votes).
14 May 2008director interest notice● Neutral
Marat Rosenberg became a Chile Mining Technologies Inc. 10%+ owner and company insider (initial ownership filing).
14 May 2008director interest notice● Neutral
David F Brigante became a Chile Mining Technologies Inc. 10%+ owner and company insider (initial ownership filing).
14 May 2008director interest notice● Neutral
Timothy P Halter became a Chile Mining Technologies Inc. CEO, Pres, CFO, COB, Secretary and company insider (initial ownership filing).
14 May 2008director interest notice● Neutral
Halter Financial Investments LP became a Chile Mining Technologies Inc. 10%+ owner and company insider (initial ownership filing).
14 May 2008director interest notice● Neutral
George L Diamond became a Chile Mining Technologies Inc. 10%+ owner and company insider (initial ownership filing).