News

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[…]

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[…]

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[…]

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[…]

Vancouver, Canada, 2nd December, 2014, Medgold Resources Corp. (TSX-V: MED), the European-focused gold exploration company, is pleased to announce high-grade gold results over broad contiguous intersections from a recent channel sampling program at the Lagares Gold Project in northern Portugal. Channel-Chip Sampling Highlights Management is extremely encouraged by the first round of channel sampling with 8 of 9 channels returning significant, broad widths of gold mineralization. Highlights of the results include: 69.00 m @ 4.15 g/t Au 40.70 m @ 5.73 g/t Au, including 5.20 m @ 15.50 g/t Au 15.50[…]