News

Vancouver, Canada, June 29, 2020 – Medgold Resources Corp. (TSX-V: MED) announces that it proposes, subject to stock exchange approval, to complete a non-brokered private placement financing of up to 40 million units at $0.05 per unit, for proceeds of up to $2 million.  Each unit will consist of one common share and one full warrant, each warrant entitling the holder to purchase one additional common share of the Company at $0.10 for three years from closing. The Company may pay a finder’s fee on a portion of the financing. […]

Vancouver, Canada, June 18, 2020 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) is pleased to announce that it has entered into a non-binding Letter of Intent (the “Letter”) with Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) (“Fortuna”) to acquire Fortuna’s 51% interest in the Tlamino Project located in Serbia (the “Project”). Under the terms of the Letter, Medgold has secured an exclusive option (the “Option”) to purchase Fortuna’s 51% interest in the Project for a cash consideration of US$ 3.468 million. The Option is valid for three years and[…]

Vancouver, Canada, May 29, 2020 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) announces that further to its news release of April 28, 2020, the Company is continuing to rely on the extension provided by the securities regulators as a result of the COVID-19 pandemic regarding the deadline for filing and delivering its audited financial statements and MD&A for the fiscal year ended December 31, 2019.  Accordingly, the Company will file such financials no later than the extended deadline of June 15, 2020. Medgold also confirms that due to the delay[…]

Vancouver, Canada, April 28, 2020 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) announces that it is relying on the extension provided by the securities regulators as a result of the COVID-19 pandemic regarding the deadline for filing and delivering its audited financial statements and MD&A for the fiscal year ended December 31, 2019.  Accordingly, the Company will file such financials no later than the extended deadline of June 15, 2020. Until the financials are filed, the Company’s management and directors are subject to a trading black-out that reflects the principles[…]

Vancouver, Canada, April 20, 2020 – Medgold Resources Corp. (TSX-V: MED|FRA: 1XD) is pleased to announce that it has entered into an exclusive Letter Agreement with Gecon EOOD with respect to an Exploration License application made by Gecon at Zlogosh (“Zlogosh”, the “Zlogosh Property”), Kyustendil Oblast, western Bulgaria. The main mineralized targets at Zlogosh are situated approximately 40 kilometers by road from Medgold’s Tlamino Project in Serbia, with which they appear to share considerable geological similarity. The location of Zlogosh relative to the Tlamino Project is shown in Figure 1.[…]