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Desert Gold Updates Financing
TMX Newsfile· 2026-02-21 00:45
Group 1 - Desert Gold Ventures Inc. has accepted a subscription agreement for 375,000 units at a total of $30,000, which was missed during a recent private placement closing of $7,181,800 due to a clerical error [1] - Each unit consists of one common share and one half of a common share purchase warrant, with each whole warrant exercisable for 2 years at $0.12 [1] - The securities issued will be subject to trading restrictions of 4 months and a day, and the proceeds will be added to general working capital, pending TSXV approval [1] Group 2 - Desert Gold Ventures is a gold exploration and development company with properties in Mali and Cote d'Ivoire, including the 440km² SMSZ Project in Western Mali and the 297km² Tiegba Gold Project in Western Cote d'Ivoire [2]
Desert Gold Closes Fully Subscribed LIFE Offering for Gross Proceeds of C$7,181,800
TMX Newsfile· 2026-02-10 22:48
Core Viewpoint - Desert Gold Ventures Inc. has successfully closed a non-brokered private placement, raising C$7,181,800 through the issuance of 89,772,500 units at a price of C$0.08 per unit [1][2]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at C$0.12 within 24 months of issuance [2]. - The offering was conditionally approved by the TSX Venture Exchange, and the securities issued will not be subject to a four-month and one-day statutory hold period [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for the first phase of the gravity plant at the Barani East gold oxide project in West Mali, resource expansion, exploration drilling at the SMSZ Project in Western Mali, the Tiegba Gold Project in Côte d'Ivoire, and general working capital [3]. Group 3: Finder's Fees - The company paid a total of C$265,986 in finder's fees and issued 3,324,825 non-transferable finder's warrants, which allow the purchase of one common share at C$0.08 within 24 months [4]. Group 4: Company Overview - Desert Gold Ventures is a gold exploration and development company with properties in Mali and Côte d'Ivoire, including the 440 km² SMSZ Project in Western Mali and the newly optioned 297 km² Tiegba Gold Project in Côte d'Ivoire [6].
Lighthouse Gold Announces Upsize of Non-Brokered Private Placement of Units
Thenewswire· 2026-01-16 13:00
Core Viewpoint - Lighthouse Gold Inc. has increased its non-brokered private placement from $700,000 to $854,000 due to significant market demand, aiming to raise up to $854,000 through the issuance of units priced at $0.07 each [1][2]. Group 1: Offering Details - The upsized offering will consist of up to 12,200,000 units, with each unit comprising one common share and one-half of a share purchase warrant [1][2]. - Each warrant is exercisable for one additional share at an exercise price of $0.13 per share for a period of 18 months from the closing date [2]. - The proceeds from the offering will be used for exploration of mineral properties and general working capital [2]. Group 2: Closing and Stock Options - The company anticipates closing the offering on or about January 29, 2026 [3]. - Lighthouse Gold has granted a total of 4,850,000 stock options to directors, officers, and consultants, with each option exercisable at $0.10 per share for five years [5]. Group 3: Company Overview - Lighthouse Gold Inc. is focused on mineral exploration and development, particularly in acquiring and exploring gold properties in Guyana, South America [6]. - The company currently holds a 100% interest in two properties located in Guyana [6].
Tajiri Resources Announces Results of AGM
TMX Newsfile· 2025-12-22 21:07
Core Viewpoint - Tajiri Resources Corp. held its Annual General Meeting of Shareholders on December 22, 2025, where significant corporate governance decisions were made, including the appointment of key officers and the ratification of a new stock option plan [1][4]. Group 1: Corporate Governance - Shareholders unanimously appointed Mr. Graham Keevil as President and Chief Executive Officer and Mr. Bilal Bhamji as Chief Financial Officer until the next AGM [1]. - The board of directors was authorized to fix the remuneration of the newly appointed auditor, De Visser Gray LLP, for the financial year ending April 30, 2026 [4]. - The Company ratified and approved a new 10% rolling stock option plan [4]. Group 2: Company Overview - Tajiri Resources Corp. is a junior gold exploration and development company with assets located in Guyana, South America, aiming to generate high returns for shareholders through exploration and discovery [2]. - The management team has over 100 years of combined experience, including 40 years specifically in Guyana, and a successful track record of discovering approximately 20 million ounces of gold in various regions [2].
CSE Bulletin: New Listing - McFarlane Lake Mining Limited (MLM)
Newsfile· 2025-05-06 16:44
Group 1 - McFarlane Lake Mining Limited's common shares have been approved for listing on the Canadian Securities Exchange (CSE) with trading commencing on May 8, 2025 [1][3][5] - The company is focused on gold exploration and development, owning several properties including the McMillan and Mongowin gold properties, West Hawk Lake property, High Lake property, and Michaud/Munro mineral property [2][4] - The total number of issued and outstanding securities is 270,558,654, with an additional 109,862,917 securities reserved for issuance [5] Group 2 - The company operates in the mining sector, specifically in gold exploration [5] - The trading currency for the shares is Canadian Dollars (CDN$) [5] - The fiscal year for McFarlane Lake Mining Limited ends on August 31 [5]