Medgold Completes $500,000 Financing
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, October 14, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) is pleased to announce that it has completed its non-brokered private placement financing of 5.0 million units at $0.10 per unit, for proceeds of $500,000. Each unit consists of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.15 for two years from closing. The units are subject to resale restrictions until January[…]
Medgold Issues Shares for Services
Vancouver, Canada, October 5, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that in accordance with the Company’s agreement to issue up to 435,520 common shares of the Company to Dan James in part consideration for his ongoing services as the Company’s President (see Medgold news release February 19, 2015), the third installment of 108,880 shares has been issued to Mr. James for services rendered during the three months ended September 30, 2015. The shares have a resale restriction which expires on February 1, 2016. About Medgold Medgold is aiming[…]
Medgold-Centerra Drilling Cuts 13.77m @ 2.03 g/t Au at the Serra da Quinta Prospect, Lagares Project, Portugal
Vancouver, Canada, September 28, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that the second phase of drilling at the Lagares project in northern Portugal, targeting the Serra da Quinta prospect, is now complete. The drilling cut multiple zones of intense mineralization, including a best interval of 13.77 metres at 2.03 g/t Au. Centerra Gold Inc. (“Centerra”) has an option to earn a 51% interest in the project by spending US$3 million over 3 years at Lagares, and can earn an additional 19% by[…]
MedGold sampling at Boticas returns 71 g/t Au from newly defined Casas Novas Zone
Vancouver, Canada, September 8, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to provide an exploration update from the Boticas gold project. Recent reconnaissance rock-chip sampling, exploring areas outside of the main Limarinho Zone, has yielded results of 71.9 g/t Au, 45.0 g/t Au and 22.4 g/t Au from the newly identified Casas Novas and Leiranco zones, from a total of 28 samples. Medgold has also recently been granted the Chaves exploration licence which completely envelops the Boticas licence, creating a total combined ground holding of[…]
Medgold Proposes $500,000 Private Placement, and Extension of Warrants
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, August 7, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) is pleased to announce that it proposes to arrange, subject to TSX Venture Exchange approval, a non-brokered private placement financing of up to 5.0 million units at $0.10 per unit, for proceeds of up to $500,000. Each unit will consist of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.15 for two[…]