Articles Tagged "Gold Company News"

Calibre Discovers New High-Grade Gold Veins at Eastern Borosi Gold-Silver Project in Nicaragua

Gold – Calibre Mining Corp. (TSXV:CXB) announced its first set of results from the 2015 drilling program at the Eastern Borosi gold-silver project in Nicaragua, which include the discovery of three new high-grade gold veins.The drill program began on February 4 and is expected to include a minimum 5500 meters of drilling with an approved budget of $1.5 million. The project is being financed under an option agreement with IAMGOLD Corporation (TSX:IMG,NYSE:IAG).

Nevada Sunrise Gold Proposes Amendments to Warrants Terms

Gold – Nevada Sunrise Gold Corporation (TSXV:NEV) announced that it has applied to the TSX Venture Exchange to amend terms of an aggregate of 2,605,000 outstanding share purchase warrants. Amendments are for the following: 1,500,000 March 2014 Warrants - extension to March 20, 2017, and to reduce the exercise price from $0.55 cents to $0.50; 1,105,000 May 2014 Warrants - extension to May 13, 2017 and to reduce the exercise price from $1.35 to $0.50.

Canada Strategic Metals Closes First Tranche of Private Placement for $125,000

Gold – Canada Strategic Metals Inc. (TSXV:CJC,FWB:YXEN,OTC:CJCFF) announced that is has closed the first tranche of a non-brokered private placement for $125,000. The company issued 1,250,000 units of common shares at a price of $0.10 per unit, with each unit consisting of one common share and half a warrant to purchase a common share of the company at $0.15 for a 24-month period after the private placement closes. The offer, which Canada Strategic Metals announced on March 11, included 5,000,000 common shares, leaving 375,000 or $37,500 remaining.