Tsodilo Resources Ltd.

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. ("Tsodilo" or the "Company") (TSX-Venture Exchange: (TSD) is pleased to announce that its Botswana subsidiary, Bosoto (Pty) Ltd., has been granted prospecting license PL217/2016 in the Orapa Kimberlite Field ("OKF") in Botswana. PL217/2016 is located within the OKF in Botswana. The diamond mines in Botswana have produced an average of 27 million carats annually in the [...]

Tsodilo Resources is pleased to provide an update on its wholly owned BK16 kimberlite project. BK16 The BK16 kimberlite project is located within the Orapa Kimberlite Field. The diamond mines in Botswana have produced an average of 27 million carats annually in the last 10 years and Botswana is the world’s largest producer of diamonds by value. In 2016, the OKF area produced 8.85 million carats. Of the 83 known [...]

Toronto, Ontario (FSCwire) - 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 31, 2017, the following directors were elected:  James M. Bruchs, Thomas S. Bruington, David J. Cushing, Michiel C.J. de Wit, Jonathan R. Kelafant, Blackie Marole, Patrick C. McGinley and Mark Scowcroft. The shareholders also [...]

Tsodilo Resources is pleased to announce that it has commenced a drilling program utilizing its diamond core drill rigs on its wholly owned BK16 kimberlite project. The purpose of this drilling program is to drill pilot holes on the sites which have been earmarked for the Large Diameter Drill ("LDD") drilling program. BK16 The BK16 kimberlite project is located within the Orapa Kimberlite Field ("OKF") in Botswana. The [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX Venture Exchange: TSD) ("Tsodilo" or the "Company") 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, 2017, at CDN $0.69 per common share. These options are valid for five years and vest in four equal [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (“Tsodilo” or the “Company”) (TSX- Venture Exchange: (TSD)) is pleased to announce that it has closed a private placement financing (the “Financing”) previously announced on December 6, 2016, for gross proceeds to the Company of C$8,096,683. Pursuant to the Financing, the Company issued 10,795,578 units of securities of the Company [...]

Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. ("Tsodilo” or the “Company") (TSX- Venture Exchange: (TSD)) is pleased to announce that it has negotiated a non-brokered private placement of 10,795,578 units of the Company (the "Units") at a price per Unit of CDN $0.75, which will provide gross proceeds to the Company in the amount of up to CDN $8,096,683. Proceeds from the private placement will be used by [...]

Tsodilo Resources is pleased to announce that it has completed a share repurchase and royalty fee agreement with its Bosoto (Pty) Ltd minority shareholders. The minority shareholders’ 25% equity interest has been purchased for a 2% gross proceeds royalty derived from the sale of diamonds mined from Bosoto’s BK16 kimberlite project. The result of this transaction is that Tsodilo now has a 100% interest in [...]

Toronto, Ontario (FSCwire) - TORONTO, CANADA - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that kimberlite BK16 contains rare and valuable Type IIa diamonds. The Company reported in its press release of June 22, 2015, that it had taken possession of diamonds that were previously recovered from BK16.  The stones have been stored with I. Hennig & Co. (“Hennig”) at the [...]

Tsodilo Resources is pleased to announce that it has closed the Private Placement Financing previously announced on April 26, 2016, for gross proceeds to the Company of CDN $605,369. The Financing is for 1,008,948 units of the Company. Each Unit is comprised of one common share priced at CDN $0.60 and one common share purchase warrant per unit, each such warrant entitling the holder to purchase one common share of the [...]