Medgold Resources and Radius Gold sign strategic alliance agreement on Medgold’s Portuguese assets
Vancouver, Canada, January 9, 2014, Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has entered into a strategic alliance agreement with Radius Gold Inc. (TSX-V: RDU) whereby Radius will have the right to option one of Medgold’s properties located in Portugal. As well, Radius has agreed to participate in Medgold’s current private placement financing as to $500,000. For a period of 18 months, Radius may select one of Medgold’s Portuguese properties in which Radius will be granted the option to earn[…]
Medgold to Acquire Klondike Gold’s Portuguese Assets and Arranges $1.5 Million Financing
Vancouver, Canada, December 11, 2013, Medgold Resources Corp. (TSX-V: MED), the European focused gold exploration company, is pleased to announce that it has signed a Letter of Intent (“LOI”) with Klondike Gold Corp (“Klondike”) for the acquisition of 100% of its Portuguese assets which comprise five gold exploration permits covering 600 sq km in northern Portugal, primarily located along the Valongo Belt. The Comp any is also conducting a $1.5 million non-brokered private placement to primarily fund exploration activity. Both the acquisition and private placement are subject to TSX Venture[…]
Medgold Share Consolidat ion Effective Today
Vancouver, Canada, December 2, 2013, Medgold Resources Corp. (TSX-V: MED) advises that its previously announced share consolidation was approved by the shareholders of the Company at the annual and special meeting held on November 27, 2013, and will take effect at market opening today. Every three previous common shares of the Company will be exchanged for one new common share of the Company, resulting in a total issued capital of 17,472,029 shares. The Company’s name and trading symbol remain the same; only the CUSIP number of the common shares has[…]
Medgold Cancels Financing and Announces Possible Share Consolidation
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 4, 2013) – Medgold Resources Corp. (TSX VENTURE:MED) announces that due to current market conditions, it has cancelled the private placement financing proposed in the Company’s news release of September 16, 2013. Based on comments received from potential participants in the cancelled financing, Medgold’s Board of Directors believes that to facilitate future equity financings for the Company and to attract new business opportunities, it may be necessary to consolidate the share capital on the basis of one new share for up to three existing shares.[…]
Medgold Resources Corp.: Clarification of Technical Disclosure
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sept. 16, 2013) – Medgold Resources Corp. (TSX VENTURE:MED) announces that as a result of a review by the British Columbia Securities Commission, it is issuing this news release to clarify its technical disclosure. The Company previously published on its website under the “Portfolio” pages, in a corporate presentation dated September 2013 (the “Corporate Presentation”), in certain news releases issued in 2013, and in certain Management’s Discussion and Analysis filed in 2012 and 2013, descriptions of its properties located in Portugal, Spain and Italy (collectively the[…]