News

Vancouver, Canada, July 31, 2023 – Medgold Resources Corp. (“Medgold”) (TSX-V: MED|FRA: 1XD) announces that it has filed on SEDAR+ the notice of meeting, management information circular (the “Circular”) and form of proxy relating to its annual general and special meeting of shareholders to be held on August 31, 2023 (the “Meeting”) and that it has mailed proxy materials for the Meeting. The Circular contains the following disclosure of exploration work Medgold has completed on its Tlamino Project exploration licenses subsequent to the date of its preliminary economic assessment with[…]

Vancouver, Canada, July 13, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold”) is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange (the “TSXV”) for the proposed reverse takeover transaction (the “Acquisition”) pursuant to which Medgold is to acquire all of the issued and outstanding common shares of Balkan Metals Corp. (“BMC”). At closing, Medgold’s name is to be changed to “Electrum Metals Group Corp.” (the “Name Change”) and its shares are to be consolidated on a 16:1 basis (the “Share Consolidation”). The resulting[…]

Vancouver, Canada, May 30, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold” or the “Company”) is pleased to provide an update on its proposed acquisition (the “Acquisition”) of Balkan Metals Corp. (“Balkan Metals”), a private British Columbia company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold’s existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometers, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia. Balkan Metals shareholders have[…]

Vancouver, Canada, March 22, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold” or the “Company”) is pleased to provide an update on its proposed acquisition (the “Acquisition”) of Balkan Metals Corp. (“Balkan Metals”), a private British Columbia company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold’s existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometers, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia. The parties are continuing[…]

Vancouver, Canada, February 7, 2023 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) (“Medgold” or the “Company“) is pleased to announce that it has closed its re-acquisition of 100% ownership of the Tlamino Project located in Serbia, pursuant to its previously announced two agreements with Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna“). The first such agreement terminates the Option Agreement (the “Option“) entered into between the parties on December 15, 2020 that provided for Medgold to acquire Fortuna’s 51% beneficial interest (the “Interest“) in the Project for a cash[…]