TSX-V: SMN

Welcome to San Marco Resources Inc.

San Marco Resources Inc. is a Canadian mineral exploration company with a portfolio of exploration-stage projects in Mexico and Canada, including the flagship Buck Project located in central British Columbia.

San Marco has a committed management team with extensive experience in Canada and Mexico with a proven track record in discovery to project development.

Recent News - San Marco’s Shareholders Approve 3:1 Share Consolidation San Marco Updates Option to Acquire Buck Gold-Silver Project

Vancouver, B.C. – September 16, 2019: San Marco Resources Inc. (SMN: TSX-V) (“San Marco” or the “Company”) is pleased to advise as follows:

Share Consolidation

At a special general meeting of shareholders held today, its shareholders voted in favour of a special resolution to consolidate the Company’s shares on a three (old) into one (new) basis.

  • San Marco currently has 67,916,082 common shares issued and outstanding and, once the consolidation is completed, it will have 22,638,694 common shares issued and outstanding.
  • The exercise price of outstanding incentive stock options to purchase 5,600,000 (1,866,667 post-consolidation) common shares will be increased accordingly to reflect the share consolidation.
  • No fractional shares will be issued in the share consolidation. Instead, all resulting fractional shares of less than one-half will be rounded down to the nearest whole number, and of one-half or greater will be rounded up to the nearest whole number.
  • The effective date of the share consolidation is being set, in conjunction with the TSX Venture Exchange, to occur as soon as possible.
  • The consolidation is a condition of San Marco’s option agreement to acquire a 100% interest in the Buck Property, an intermediate sulphidation, epithermal gold-silver zinc property near the town of Houston in north-central British Columbia.

For the full news release click here

Recent News

September 16, 2019

San Marco’s Shareholders Approve 3:1 Share Consolidation San Marco Updates Option to Acquire Buck Gold-Silver Project

August 15, 2019

San Marco Updates Status of Option to Acquire Buck Gold-Silver Project, Northern British Columbia

July 16, 2019

San Marco Announces Option to Acquire 100% Interest in Buck Gold-Silver Project, Northern British Columbia
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