Category: Exchange Filings
Vancouver, Canada, June 21, 2016, Medgold Resources Corp. (TSX-V: MED) is pleased to advise that it has closed its previously announced non-brokered private placement financing with the issuance to Fortuna Silver Mines Inc. of 10.0 million units at $0.15 per unit, for proceeds of $1.5 million. Each unit consists of one common share of Medgold and one warrant entitling Fortuna to purchase one additional common share of Medgold at $0.15 for one year from closing. The common shares and warrants issued are subject to a resale restriction until October 18,[…]
Written by Medgold Resources on June 21, 2016
Vancouver, Canada, June 13, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce a C$1.5-million strategic investment in the Company by Fortuna Silver Mines Inc. (“Fortuna”), a leading mid-tier precious metals miner. The private placement is part of a broader strategic alliance between Medgold and Fortuna to explore for precious metal deposits in Serbia. Subject to stock exchange approval, Fortuna will purchase 10.0 million units at $0.15 per unit, representing a premium of 36% to the closing price of Medgold’s shares on June 10. Each[…]
Written by Medgold Resources on June 13, 2016
Vancouver, Canada, May 16, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to advise that it has closed its previously announced non-brokered private placement financing with the issuance of 2.0 million units at $0.10 per unit, for proceeds of $200,000. Each unit consists of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.12 for one year from closing. The common shares and warrants issued are subject to a resale restriction until September 11, 2016. No finder’s[…]
Written by Medgold Resources on May 16, 2016
Vancouver, Canada, April 11, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce new assay results from contiguous rock-chip sampling from the Limarinho South zone at its Boticas gold project in Portugal, which include a highlight of 6.0m @ 5.7 g/t Au. Significantly, infill grid-soil sampling over the entire Limarinho Zone has identified two new gold anomalies, increasing the anomalous area to 4km by 2km. The Limarinho South zone, is located approximately 500m south of the main Limarinho Zone. The newly mapped gold mineralization and associated[…]
Written by Medgold Resources on April 11, 2016
Vancouver, Canada, March 24, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) announces that it has completed its previously announced CAD$100,000 short-term loan transaction which will provide funding for general working capital requirements. The loan is repayable within six months and bears interest at 8% per annum. In consideration for the loan, Medgold has issued to the lender warrants to purchase up to 500,000 common shares of Medgold exercisable for one year at $0.09 per share. Any common shares acquired on exercise of the warrants will be subject to[…]
Written by Medgold Resources on March 24, 2016
