Tsodilo Resources Ltd. has been informed that the decision In re Gcwihaba Resources Ltd. vs. Minister of Minerals and Energy and the Attorney General of Botswana, MAHMN-000075-22, will be issued on Friday, December 15, 2023, in the High Court, Republic of Botswana. The decision will be made available on the Company's litigation landing page: Botswana Litigation for litigation documents and Tsodilo Resources Ltd. - MMGE [...]
Tsodilo Resources Ltd. is pleased to announce the closing of a non-brokered private placement financing for gross proceeds to the Company of C$141,380.06 on November 16, 2023, through the issuance of 706,903 units of securities of the Company at a subscription price of C$0.20 per Unit. Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant of the Company. Each [...]
Tsodilo Resources Ltd. announces that the High Court of Botswana has today rendered an order that interdicts and restrains Minister of Mines and Energy, through the Department of Mines or any other Department from receiving, considering or assessing the renewal applications in relation to Prospecting Licenses PL's 021024/2018 pending the delivery of the judgement in the Applicant's review application with respect to [...]
Tsodilo Resources Ltd. as informed by the Ministry of Works and Transport is pleased to announce that the Nambian Cabinet has approved the Final Feasibility Study for the Trans-Zambezi Railway Extension Grootfontein-Rundu-Katima Mulilo. Minister of Works and Transport Minister John Mutorwa commented that "Namibia is at the forefront of coordinating the extension of the Grootfontein-Katima Mulilo railway project. We are [...]
Tsodilo Resources Ltd. is pleased to announce that at its Annual Meeting of shareholders held on June 9, 2023, the following directors were elected: James M. Bruchs, Thomas S. Bruington, Jonathan R. Kelafant, Blackie Marole and Mark Scowcroft. Appointment of Auditors The shareholders also approved the appointment of Crowe MacKay LLP, Vancouver, Canada, as auditors of the Company. Grant of Stock Options Under the terms of [...]
Tsodilo Resources Ltd. is pleased to announce that it has been accepted for membership in the ResponsibleSteel™ organization. About ResponsibleSteel™ ResponsibleSteel is a global not-for-profit multistakeholder standard and certification initiative whose mission is to be a driving force in the socially and environmentally responsible production of net-zero steel, globally. Building a sustainable steel industry [...]
Tsodilo Resources Ltd. wishes to provide a corporate update with respect to its legal action Botswana Ministry of Minerals & Energy . Oral Argument was held in the High Court in Maun, Botswana on April 18, 2023, with respect to the Ministry of Minerals and Energy's decision to not renew Prospecting License PL020/2018 held by the Company's Botswana subsidiary, Gcwihaba Resources Limited. The litigation landing page has [...]
Tsodilo Resources Ltd. wishes to provide a corporate update with respect to its legal action Botswana Ministry of Minerals & Energy . The litigation landing page has been update adding the Respondent's Answering Affidavit filed on February 24, 2023, as well as the Company's Replying Affidavit and Notice to Produce Documents filed on March 10, 2023. Since the filing of the complaint against MME on October 31, 2022 , there [...]
Tsodilo Resources Ltd. is pleased to announce the closing of the previously announced private placement financing for gross proceeds to the Company of C$500,188.20 on January 25, 2023, through the issuance of 2,500,941 units of securities of the Company at a subscription price of C$0.20 per Unit. As previously announced, each Unit is comprised of one common share in the capital of the Company and one common share purchase [...]
Tsodilo Resources Ltd. is pleased to announce that the negotiated non-brokered private placement announced on January 23, 2023 has been increased to 2,500,941 units of the Company at a price per Unit of CDN $0.20, which will provide gross proceeds to the Company in the amount of CDN $500,188.20. Further details on the Private Placement can be found in the Company's press release dated January 23, 2023. Closing of the [...]
Tsodilo Resources Ltd. is pleased to announce that it has negotiated a non-brokered private placement of 2,200,941 units of the Company at a price per Unit of CDN $0.20, which will provide gross proceeds to the Company in the amount of CDN $440,188.20. Proceeds from the Private Placement will be used for the advancement of the Xaudum Iron Formation project in Botswana and for general corporate purposes and working [...]
Tsodilo Resources Ltd. is pleased to announce that it has negotiated a non-brokered private placement of 2,200,941 units of the Company at a price per Unit of CDN $0.20, which will provide gross proceeds to the Company in the amount of CDN $440,188.20. Proceeds from the Private Placement will be used for the advancement of the Xaudum Iron Formation project in Botswana and for general corporate purposes and working [...]