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Restrepo, who joined the company in August 2015, will leave the Toronto-based company effective November 30.

Zonte Metals will use the funds for "working capital purposes" and to finance exploration at the Cross Hills Iron Oxide Copper Gold Property in Newfoundland and Labrador.

South American economies "struggle in developing and retaining talent and are characterized by low levels of quality of life and reduced availability of skilled labor."

The results are "helping to verify the upper boundary of the mineral reserve envelope for the Veta Sur system,” said Ari Sussman, CEO of Continental Gold.

Frontera's oil-price hedges have now expired, and it believes that this will be a boon for future earnings as it tries to further move beyond its most trying financial times.

This is a fall from 2015, when Colombia ranked 103rd overall, and a substantial drop from its ranking of 84th in 2010.

Canada will require all visa applicants to submit fingerprints by the end of the year and is opening offices across the world to manage the new protocol.

The find came at the Acorazado-1 exploration well and marked the Canadian oil company’s fourth discovery in 2018.

The tragedy follows the killing of a mining engineer working for Continental Gold earlier this month, who was left dead after his vehicle was attacked in Buriticá.

The Canadian company with its main operations in Colombia sold more than 14.3 million common shares for $0.90 per share to raise the funding.