Tsodilo Resources is pleased to announce that it has closed the Private Placement Financing previously announced on July 28, 2014, for gross proceeds to the Company of C$811,668. The Financing is for 634,116 units of the Company. Each Unit is comprised of one common share priced at C$1.28 and one common share purchase warrant per unit, each such warrant entitling the holder to purchase one common share of the Company for [...]
Announces Non-Brokered Private Placement of Units Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. ("Company") (TSX Venture Exchange: TSD) is pleased to announce that it has negotiated a non-brokered private placement of 634,116 units of the Company (the "Units") at a price per Unit of CDN $1.28, which will provide gross proceeds to the Company in the amount of CDN $811,668. Proceeds from the private placement will [...]
Tsodilo Resources Ltd. Announces Block 1 Drilling Completed for Xaudum Iron Formation Maiden NI 43-101 Mineral Resource Estimate Report Toronto, Ontario CANADA, June 02, 2014 /FSC/ -Tsodilo Resources Ltd. (TSX-V:TSD) ("Tsodilo" or the "Company") is pleased to announce that it has completed drilling in Block 1 of the Xaudum Iron Formation (XIF) Project, northwest Botswana. Block 1 is the area within the XIF iron [...]
Tsodilo Resources is pleased to announce that it has closed the Private Placement Financing previously announced on May 27, 2014, for gross proceeds to the Company of C$391,914. The Financing is for 306,183 units of the Company. Each Unit is comprised of one common share priced at C$1.28 and one common share purchase warrant per unit, each such warrant entitling the holder to purchase one common share of the Company for [...]
Tsodilo Resources Ltd. Announces Non-Brokered Private Placement of Units Toronto, Ontario CANADA, May 27, 2014 /FSC/ -Tsodilo Resources Ltd. ("Company") (TSX Venture Exchange: TSD) is pleased to announce that it has negotiated a non-brokered private placement of 306,183 units of the Company (the "Units") at a price per Unit of CDN $1.28, which will provide gross proceeds to the Company in the amount of CDN [...]
Tsodilo Resources Ltd. Exploration Program Update Toronto, Ontario CANADA, April 22, 2014 /FSC/ - Tsodilo Resources Ltd. (TSD - TSX Venture), ("Tsodilo" or the "Company") is pleased to provide a summary update of its Botswana Iron Ore exploration (evaluation) activities, as well as its general Botswana exploration programs November 2013 through March 2014 (the "period"). The complete report covering the period with [...]
Tsodilo Resources Ltd. Annual General Meeting Results Toronto, Ontario CANADA, March 21, 2014 /FSC/ - Tsodilo Resources Ltd. ("Tsodilo" or the "Company") (TSX Venture Exchange: TSD) is pleased to announce that at its Annual General Meeting of shareholders held on March 21, 2014, the following directors were elected: James M. Bruchs, Thomas S. Bruington, David J. Cushing, Michiel C.J. de Wit, Jonathan R. Kelafant and [...]
Tsodilo Resources? Exploration Target of 5 to 7 Billion Tonnes of Iron Ore for the Xaudum Iron Ore Project in Botswana Toronto, Ontario CANADA, January 22, 2014 /FSC/ - Tsodilo Resources Ltd. (TSD - TSX Venture), ("Tsodilo" or the "Company") is pleased to provide additional information on its Xaudum Iron Ore Project based on conservative modeling of ground magnetic data over the project area (survey comprises 18,000 line [...]
Tsodilo Resources reports that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors in September 2002, 260,000 stock options were granted to officers and senior employees on January 2, 2014, at CDN $0.75 per common share. These options are valid for five years and vest in four equal installments on January 2, 2014, July 2, 2014, January 2, 2015 and July 2, 2015. About Tsodilo [...]
Tsodilo Resources is pleased to announce it has engaged SRK Consulting to prepare an initial National Instrument 43-101 compliant Mineral Resource Estimate and Technical Report for the Company's Botswana subsidiary, Gcwihaba Resources, on a portion of the Xaudum Iron Ore Project.
Tsodilo Resources is pleased to announce new metallurgical magnetic concentrate test work results conducted by ALS Minerals Division, Iron Ore Technical Centre. Highlights: All mineralized units within the Xaudum Iron Project are capable of producing premium grade magnetite product of >68% Fe. The test work confirms the coarse grained nature of all units showing good concentrate grades at coarse grind sizes. * Good [...]
Tsodilo is pleased to provide an update of its Botswana Iron Ore exploration activities, as well as its general Botswana exploration programs July through October 2013. Summary: Thirty (30) Iron Ore exploration (resource definition) holes were drilled during the period totaling 4,968.75 meters. Twenty-three (23) of these holes intersected 1,795.05 meters of Iron mineralization. * 1062 XRF assay analysis were received for [...]
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