Medgold Arranges CAD$100,000 Short-Term Loan

Vancouver, Canada, March 15, 2016, Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) announces that it has arranged an arm’s length CAD$100,000 short-term loan to 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 agreed, subject to stock exchange approval, to issue to the lender warrants to purchase up to 500,000 common shares of Medgold exercisable for one year at $0.09 per share. About Medgold Medgold is a European-focused, TSX-V listed[…]

Medgold to extend warrants, and issues shares for services

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, January 12, 2016; Medgold Resources Corp. (TSX-V: MED) announces that 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 Company intends to extend the expiry date of outstanding warrants to purchase up to 9,550,000 common shares at $0.15 per share by one year to February 4, 2017, and outstanding warrants[…]

Medgold Expands Joint Venture with Centerra

Vancouver, Canada, January 11, 2016; Medgold Resources Corp. (TSX-V: MED) (the “Company” or “Medgold”) is pleased to announce that Medgold has expanded its joint venture with Centerra Gold Inc. (“Centerra”) to include its Boticas and Chaves gold exploration licences. The two licences will be added to the existing joint-venture agreement currently covering the Valongo Belt licences. Dan James, President of Medgold, said: “We are very pleased to announce that we’ve amended our joint venture agreement with Centerra to include the Boticas and Chaves licences in Portugal. We’ve enjoyed a good working[…]

Medgold Completes $500,000 Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Vancouver, Canada, October 14, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) is pleased to announce that it has completed its non-brokered private placement financing of 5.0 million units at $0.10 per unit, for proceeds of $500,000. Each unit consists of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.15 for two years from closing. The units are subject to resale restrictions until January[…]

Medgold Issues Shares for Services

Vancouver, Canada, October 5, 2015, Medgold Resources Corp. (TSX-V: MED) (the “Company”) announces that in accordance with the Company’s agreement to issue 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 third installment of 108,880 shares has been issued to Mr. James for services rendered during the three months ended September 30, 2015. The shares have a resale restriction which expires on February 1, 2016. About Medgold Medgold is aiming[…]