Medgold Provides Update on Proposed Acquisition of Balkan Metals Corp.
Vancouver, Canada, October 6, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold” or the “Company”) is pleased to provide an update on its proposed acquisition (the “Acquisition”) of Balkan Metals Corp. (“Balkan Metals”), a private British Columbia company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold’s existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometres, the resulting company (to be renamed “Electrum Metals Group Corp.” (the “Resulting Issuer”)) will be the largest holder of highly prospective exploration[…]
Medgold reports passing of Founder and Director, David Hall
Vancouver, Canada, September 8, 2023 – The Directors and management of Medgold Resources are saddened to report the sudden and untimely passing of David Hall, a founder and director of Medgold, in London, England. Ralph Rushton, Director, said: “David was a true friend, enthusiastic colleague and mentor to many geologists in the industry including me. His energy in the field was infectious and everyone who knew him or worked with him has likely spent hours discussing projects and mineral belts over a cold beer at the end of a field[…]
Medgold receives shareholder approval to proposed acquisition of Balkan Metals Corp.
Vancouver, Canada, September 5, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold”) reports on the status of its proposed acquisition (the “Acquisition”) of Balkan Metals Corp. (“Balkan Metals”), a private British Columbia company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold’s existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometers, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia. We are pleased to confirm that at the annual[…]
Medgold Announces Mailing of Proxy Materials
Vancouver, Canada, July 31, 2023 – Medgold Resources Corp. (“Medgold”) (TSX-V: MED|FRA: 1XD) announces that it has filed on SEDAR+ the notice of meeting, management information circular (the “Circular”) and form of proxy relating to its annual general and special meeting of shareholders to be held on August 31, 2023 (the “Meeting”) and that it has mailed proxy materials for the Meeting. The Circular contains the following disclosure of exploration work Medgold has completed on its Tlamino Project exploration licenses subsequent to the date of its preliminary economic assessment with[…]
Medgold Receives TSXV Conditional Acceptance of Proposed Acquisition and Provides Update on Concurrent Financing
Vancouver, Canada, July 13, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold”) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the “TSXV”) for the proposed reverse takeover transaction (the “Acquisition”) pursuant to which Medgold is to acquire all of the issued and outstanding common shares of Balkan Metals Corp. (“BMC”). At closing, Medgold’s name is to be changed to “Electrum Metals Group Corp.” (the “Name Change”) and its shares are to be consolidated on a 16:1 basis (the “Share Consolidation”). The resulting[…]