Tsodilo Resources is pleased to announce that it has closed the Private Placement Financing previously announced on December 24, 2014, for gross proceeds to the Company of CDN $617,014. The Financing is for 560,922 units of the Company. Each Unit is comprised of one common share priced at CDN $1.10 and one common share purchase warrant per unit, each such warrant entitling the holder to purchase one common share of the [...]
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 560,922 units of the Company (the "Units") at a price per Unit of CDN $1.10, which will provide gross proceeds to the Company in the amount of CDN $617,014. Proceeds from the private placement will be added to the Company's working capital. Each Unit [...]
Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that it has completed a conceptual geological model for BK16 located within the Orapa Kimberlite Field (“OKF”) in Botswana. Botswana diamond mines 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 2013, the OKF [...]
Toronto, Ontario (FSCwire) - Tsodilo Resources Ltd. (TSX-V: TSD) ("Tsodilo" or the "Company") is pleased to announce that ground magnetic and gravity surveys on kimberlite BK16 have been completed. This initial grant to Bosoto (Pty) Ltd (“Bosoto”) of prospecting license PL 369/2014 became effective on October 1, 2014 and is valid for 3 years. SURVEY HIGHLIGHTS 51 line kilometers (‘km’) of high intensity magnetics was [...]
Tsodilo is pleased to announce that it has been granted a prospecting license over the BK16 kimberlite pipe located within the Orapa Kimberlite Field in Botswana. BK16 is located 37 kilometers ESE of Debswana’s Orapa mine and 13 km NNE of its Letlhakane diamond mine and 28 km ENE from Lucara Diamond’s Karowe mine. Botswana diamond mines have produced an average of 27 million carats annually in the last 10 years and [...]
Tsodilo Resources is pleased to announce the release of its maiden NI43-101 Technical Report including CIM compliant Inferred Mineral Resource Estimate of 441 million tonnes with an average grade of 29.4% Fe for Block 1 of its flagship Xaudum Iron Project, North West Botswana. James M. Bruchs Chairman and CEO of Tsodilo Resources Ltd. commented on this announced resource saying, "We are delighted to say that we have [...]
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 [...]