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[…]
Medgold Announces Proposed $220,000 Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, January 30, 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 2.0 million units at $0.11 per unit, for proceeds of up to $220,000. Each unit will consist of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.16 for one[…]
Medgold to Extend Convertible Debenture
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, December 22, 2014, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that its Board of Directors has determined that it is in the best interests of the Company to extend the expiry date of a debenture in the principal amount of $975,000 that was previously issued by the Company pursuant to a private placement. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of the debenture, which is convertible into 2,166,667 common[…]
Medgold Options Portugal Licences to Centerra Gold
Vancouver, Canada, December 9, 2014, Medgold Resources Corp. (TSX-V: MED), the European-focused gold exploration company, is pleased to announce that it has granted to Centerra Gold Inc. (TSX: CG) the option to acquire up to 70% of the Lagares, Balazar, Castelo de Paiva and Valongo licences in northern Portugal (collectively the “Valongo Belt Property”). Dan James, the President of Medgold, said, “The signing of the Option Agreement with Centerra is a significant milestone for the Company providing funding security for the project without immediate equity dilution and allowing us to plan[…]