Montero Mining and Exploration Ltd. is pleased to announce that it has closed the second and final tranche of its non-brokered private placement, as previously announced on August 6, 2024 and August 14, 2024 . An aggregate of 4,861,680 common shares of the Corporation were issued under the Offering, at a price of $0.27 per Common Share, for gross proceeds of $1,307,254. An aggregate of 2,397,236 Common Shares were sold under the Second Tranche for total gross proceeds of $647,254. Dr. Tony Harwood, President, and CEO of Montero, commented, "We are pleased to announce the successful closing of the second and final tranche of Montero's oversubscribed private placement." Montero intends to use the net proceeds from the Offering for general corporate and working capital purposes....