Tsodilo Resources Ltd. is pleased to provide an update on its wholly owned Xaudum Iron Project. The Company has entered into a research collaboration endeavor with the Department of Chemical, Materials and Metallurgical Engineering at the Botswana International University of Science and Technology and Morupule Coal Mine to undertake metallurgical studies with respect to the potential of generating a Pellet Feed and Direct [...]
Tsodilo Resources Ltd. is pleased to provide an update on its wholly owned Xaudum Iron Project. The Company has entered into a research collaboration endeavor with the Department of Chemical, Materials and Metallurgical Engineering at the Botswana International University of Science and Technology and Morupule Coal Mine to undertake metallurgical studies with respect to the potential of generating a Pellet Feed and Direct [...]
Tsodilo Resources Ltd. is pleased to announce that the Ministry of Mineral Resources, Green Technology and Energy Security in Gaborone, Botswana has granted the renewal of Prospection License 369/2014 for a two-year period commencing October 1, 2021. The license area contains the Company's BK16 kimberlite project The diamondiferous BK16 kimberlite pipe is located within the Orapa Kimberlite Field in Botswana and contains [...]
Tsodilo Resources Ltd. is pleased to announce that at its Annual and Special Meeting of shareholders held on May 20, 2021, the following directors were elected: James M. Bruchs, Thomas S. Bruington, Jonathan R. Kelafant, Blackie Marole and Mark Scowcroft. The shareholders also approved the appointment of Crowe MacKay LLP, Vancouver, Canada, as auditors of the Company and voted to increase the number of shares reserved for [...]
Tsodilo Resources Ltd. is pleased to provide an update on its wholly owned Xaudum Iron Project. The Company has initiated geochemical analysis for grade determination and geotechnical test-work for Rock Mass Rating evaluation for the Preliminary Economic Assessment of its Xaudum Iron Formation project. The following analysis and test works will be conducted: 755 samples from 10 drill holes within the XIF Block 2 area have [...]
Tsodilo Resources Ltd. is pleased to provide an update on its wholly owned Xaudum Iron Project. Iron ore increased in price by 74% in 2020 outperforming all other metals by a significant margin as iron ore reached close to US$180/t in December 2020, a level not seen for almost a decade and the price continues today in the range of US$170/t. 2020 may have been the start of a new Super Cycle for iron ore wherein supply is [...]
Tsodilo Resources Ltd. is pleased to announce that it has received approval to begin trading on the OTCQB Venture Market "OTCQB" under the symbol "TSDRF" as of the beginning of trading on March 4, 2021. The OTCQB offers developing Canadian companies the benefits of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Streamlined market standards enable Canadian companies to [...]
Tsodilo Resources Ltd. is pleased to announce the closing of the second and final tranche of the previously announced private placement financing for gross proceeds to the Company of $150,000 on February 10, 2021, through the issuance of 300,000 units of securities of the Company at a subscription price of C$0.50 per Unit. As previously announced, each Unit is comprised of one common share in the capital of the Company [...]
Tsodilo Resources Ltd. is pleased to provide an update on its private placement financing for units of securities of the Company at a subscription price of C$0.50 per Unit. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant , each such Warrant being exercisable for a period of 24 months from the date of issuance at an exercise price of USD$0.55. In addition to [...]
Tsodilo Resources Ltd. is pleased to announce that it has closed the first tranche of a private placement financing for gross proceeds to the Company of C$1,343,019 Pursuant to the Financing, the Company issued 2,686,038 units of securities of the Company at a subscription price of C$0.50 per Unit. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant . Each Warrant [...]
Tsodilo Resources Ltd. reports that in terms of the Stock Option Plan of the Company and a policy adopted by the board of directors in September 2002, 275,000 stock options were granted to officers and senior employees on January 1, 2021, at CDN $0.47 per common share. These options are valid for five years and vest in four equal installments on January 1, 2021, July 1, 2021, January 1, 2022 and July 1, 2022. About [...]
Tsodilo Resources Limited is pleased to announce that at its Annual General Meeting of shareholders held on September 18, 2020, the following directors were elected: James M. Bruchs, Thomas S. Bruington, Jonathan R. Kelafant, Blackie Marole and Mark Scowcroft. 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 its [...]
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