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Eléctricas de Medellín – Ingeniería y S.A.S is the buyer in a cash deal for what Frontera Energy called a “non-core asset.”

The Frontera chairman called the move a “very strategic acquisition” that will support the firm’s push to reduce transportation costs.

“Accelerating the drilling program only makes sense given the upside,” said Ari Sussman, CEO of Continental Gold.

The new director is an executive at Newmont Mining Corporation, which acquired a board seat following a recent $109 million USD investment in Continental Gold.

The winter route will fly weekly from Toronto to Cartagena between December 18 and April 9.

All six of the directors nominees were approved with an average affirmative vote of 98%.

Gran Colombia's massive lawsuit alleges that the local government failed to evict illegal miners from their sites of operations in Marmato and Segovia.

The credit agreement is expected to provide immediate access to $100 million USD for project development, construction, and working capital.

Canada-based LatAm Startups has a simple message: "If you've got a unicorn? Go to California. But if you're not sure? Come to Toronto."

"This company will be disciplined and margin-focused, not simply production-driven," says Pacific Chairman Gabriel de Alba.