Oxy Capital Boosts Stake in Montero Mining and Exploration

Oxy Capital SGOIC, S.A ("Oxy Capital") has announced its acquisition of an additional 1,039,000 common shares ("Common Shares") of Montero Mining and Exploration Ltd. ("Montero") (TSXV: MON) through a series of purchases on the TSX Venture Exchange between February 10, 2025, and March 4, 2025. The average price per Common Share was approximately C$0.314, totaling an aggregate purchase price of approximately C$326,267.50, representing approximately 2.1% of the outstanding Common Shares. This acquisition follows Oxy Capital's previous purchases on January 9, 2025, and February 7, 2025, which increased its stake in Montero from 10.0% to 12.0%.

Oxy Capital's latest acquisition brings its total ownership of Montero's Common Shares to 7,076,781, representing approximately 14.1% of the issued and outstanding Common Shares. The Common Shares were acquired for investment purposes, and Oxy Capital will continue to review its holdings of Montero's securities, potentially increasing or decreasing its investment based on market conditions, general economic and industry conditions, Montero's business and financial condition and prospects, and other relevant factors.

Oxy Capital's decision to increase its stake in Montero aligns with its investment philosophy, which prioritizes stable profits and cash flows. By consistently acquiring more shares in Montero, Oxy Capital demonstrates its confidence in the company's long-term growth prospects and its ability to generate stable profits and cash flows. This strategic move also reflects Oxy Capital's commitment to its investment strategy, which focuses on various business sectors, including private equity, mezzanine debt, restructuring, and public market opportunities.



Oxy Capital's investment in Montero Mining and Exploration Ltd. presents both opportunities and risks. As a mining exploration company, Montero has the potential to generate significant returns through the discovery and development of mineral resources. However, the mining sector is also characterized by high exploration and development risks, as well as market volatility and geopolitical instability. Oxy Capital's continued investment in Montero suggests that it has identified opportunities that outweigh the risks, likely driven by its belief in Montero's growth potential and its ability to generate stable profits and cash flows.

In conclusion, Oxy Capital's decision to increase its stake in Montero Mining and Exploration Ltd. reflects its commitment to its investment philosophy and its confidence in the company's long-term growth prospects. By consistently acquiring more shares, Oxy Capital demonstrates its belief in Montero's ability to generate stable profits and cash flows, despite the inherent risks and volatility of the mining sector. As Oxy Capital continues to review its holdings of Montero's securities, investors should monitor the company's progress and potential future developments in the mining sector.