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 [...]
Tsodilo Resources Ltd. reports that in terms of the Stock OptionPlan of the Company and a policyadopted by the board of directors in September 2002, 650,000stock options were granted to officers, senior employees, and advisors to be effective on January 1, 2023, at CDN $0.20 per common share.These options are valid for five years and vest in four equal installments on January 1, 2023, July 1, 2023, January 1, 2024, and [...]
Tsodilo Resources Ltd. announces subject to receipt of required acceptance from the TSX-V, the Company will extend the expiry of a total of 2,804,055 outstanding common share purchase warrants . The Warrants were issued pursuant to a public offering which closed on February 10, 2023, to which the Company issued 2,986,038 units of the Company at a price of C$0.50 per Unit. Each Unit consisted of one common share of the [...]
Tsodilo Resources Ltd. wishes to provide a corporate update with respect to its legal action Botswana Ministry of Minerals & Energy . Since the filing of the complaint against MME on October 31, 2022 , there has been an overwhelming request for proceeding filings and related documentation pertinent to the matter. To be fully transparent and meet the volume of requests, the Company has established landing page regularly [...]
Tsodilo Resources Ltd. wishes to provide a corporate update with respect to its exploration and evaluation projects in Botswana. On or about June 30, 2021, the Company's wholly owned Botswana subsidiary, Gcwihaba Resources Ltd. submitted prospecting renewal license applications for its Xaudum Iron Formation project in northwest Botswana. Of the then current 7 licenses, two licenses were relinquished in their entirety and [...]
Tsodilo Resources Ltd. wishes to provide a corporate update with respect to its exploration and evaluation projects in Botswana. On or about June 30, 2021, the Company's wholly owned Botswana subsidiary, Gcwihaba Resources Ltd. submitted prospecting renewal license applications for its Xaudum Iron Formation project in northwest Botswana. Of the then current 7 licenses, two licenses were relinquished in their entirety and [...]
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