Medgold Issues Shares for Services
Vancouver, Canada, April 14, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that the TSX Venture Exchange has conditionally approved the proposed issuance of 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 shares will be issued in quarterly installments over a one-year period commencing as of January 1, 2015. The first installment of 108,880 shares has been issued to Mr. James for services rendered during the three[…]
Medgold and Centerra Start Drilling at Lagares, Portugal
Vancouver, Canada, March 26, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) is pleased to provide an exploration update on the Lagares gold project. The project is joint ventured to Centerra Gold Inc. (“Centerra”), who are earning in to 51% of the project by spending $3 million over 3 years, and have the right to earn an additional 19% by spending a further $3 million over 2 years. The project is progressing rapidly. Medgold’s first drilling campaign in Portugal, a 3,000 metre diamond core drilling program, started yesterday targeting high-grade[…]
Medgold to Extend Warrants
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, March 25, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that its management has determined that it is in the best interests of the Company to extend the expiry date of certain previously issued private placement warrants. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of outstanding warrants to purchase up to 2,166,667 common shares at $0.1665 per share will be extended by one year to April 11, 2016. The[…]
Medgold Options Boticas Project to Koza Ltd., and Koza to Invest $1.5m in Medgold
Vancouver, Canada, March 16, 2015: Medgold Resources Corp. (TSX-V:MED), the European focused gold exploration company, is pleased to announce that it has reached an agreement with Koza Ltd. (“Koza”), a subsidiary of the Turkish gold mining company, Koza Altın İsletmeleri A.Ş., whereby Koza has been granted an option to acquire up to a 75% interest in Medgold’s Boticas gold project in northern Portugal. Koza can earn an initial 55% interest in the project by spending CAD $3 million on exploration activities on the property over three years, of which $500,000 is[…]
Medgold Closes $250,000 Private Placement / Issues Final Share Installment for Portugal Licences / Arranges Shares for Services
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, February 19, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) is pleased to advise that it has closed its previously announced non-brokered private placement by issuing 2,272,728 units at $0.11 per unit, for gross proceeds of $250,000. Each unit consists of one common share and one warrant, each warrant entitling the holder to purchase one additional common share of the Company at $0.16 for one year from closing. The Company also paid $660[…]