Ecuador

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Exploration and development company SolGold (OTC:SLGGF) has successfully secured $750 million in funding for its Cascabel project in Ecuador. This funding came from a syndicated agreement with Franco-Nevada Corporation (NYSE:FNV) and Osisko Bermuda, who will receive a portion of the gold produced...

Chinese mining giant Zijin Mining Group (SHA: 601899) is investing $97 million in a Canadian mining company Solaris Resources (TSX:SLS). The investment comes through a private placement of common shares, with Zijin purchasing approximately 28.5 million shares at C$4.55 each, representing a 14%...

Ecuador President Daniel Noboa said the country is “at war” with more than 20 different gangs after a violent uprising and prison rebellion. What Happened: The gangs are holding more than 100 prison guards hostage after taking control of prisons, as well as a TV station...

Following a heated presidential election, Daniel Noboa, the U.S.-educated heir of a banana empire, has emerged victorious as Ecuador’s new leader. His election comes amidst mounting concerns over the country’s escalating drug-related violence and a struggling economy. What Happened: As...

In a shocking turn of events, Fernando Villavicencio, a presidential candidate representing the Movimiento Construye, was assassinated during a rally in Quito, Ecuador. The incident has sent shockwaves through the Ecuadorian political landscape. The Attack Villavicencio was attending a gathering at...

Avicanna Inc. (TSX: AVCN) (OTCQX: AVCNF) a biopharmaceutical company focused on cannabinoid-based products announced that it has completed product registration and its first commercial export of its Pura Earth branded dermacosmetics products in Ecuador. The CBD dermacosmetics were registered and...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Avicanna Inc. (TSX:AVCN) (OTCQX: AVCNF) (FSE:0NN) announced late Monday that the Colombian government allowed it to cultivate and process...

By Hoban Law Group As previously reported by Hoban Law Group and its Ecuador attorney Xavier Valverde, on September 17, 2019, the National Assembly of Ecuador (“Asamblea Nacional”) approved amendments to the Integral Organic Criminal Code (“Código Orgánico Integral...