Crown Gold is pleased to announce that it has commissioned a technical report on the recently acquired Superior and Engels copper mining properties to establish a work plan for the coming year. As stated in Crown's news release of July 12, 2013, these two mines reported joint production of 161.5 million pounds of copper, 23,000 ounces of gold, and 1.9 million ounces of silver recovered from 4.7 million tons of ore between [...]
Crown Gold is pleased to announce that is has purchased a copper property from Nevoro Copper, a subsidiary of Starfield Resources. The Property is located 14 miles southwest of the town of Susanville in Plumas County in northeastern California, 104 miles northwest of Reno. The Property consists of 132 unpatented mining claims and a lease of 36 patented mining claims, which includes the former Engels Mine and Superior [...]
Crown Gold reports that it has decided not to proceed with the proposed acquisition of Pasofino Gold which was announced on September 17. Stephen Dunn, CEO of Crown, said "We are disappointed that we were not able to complete this transaction, but the changing legal and regulatory framework in Colombia has made it difficult to complete the due diligence we required to proceed with the merger. It appeared to Crown that [...]
Crown Gold announces a proposed non-brokered private placement for aggregate gross proceeds of up to $200,000 comprised of up to 4,000,000 units at a price of $0.05 per unit. Each whole warrant will entitle the holder to purchase one common share for $0.10 at any time within 9 months after closing subject to an acceleration clause. All securities issued pursuant to this private placement will be subject to a four (4 [...]
Crown Gold is pleased to announce an update on the due diligence it has been conducting on the Mora property in Colombia that Crown has proposed acquiring through a merger with Pasofino Gold. During a visit to the property in November, Crown gained access to, and channel-sampled, 7 of the 40 adits which it has located to date on the Mora property. A total of 7 channels were cut in these 7 adits and all samples returned [...]
Crown announces that it has signed a definitive agreement with Pasofino Gold, an arm's length Canadian private company with a gold exploration property in Colombia. Under the terms of the Agreement, Crown will potentially acquire Pasofino for 34,089,104 million common shares of Crown. The Agreement is subject to a number of conditions including completion of due diligence and any necessary shareholder and regulatory [...]
Crown Gold announces that it has signed a letter of intent with Pasofino Gold, an arm's length Canadian private company with a gold exploration property in the Caldas province of Colombia. Under the terms of the LOI, Crown will potentially acquire Pasofino for up to 35 million common shares of Crown subject to reduction in certain circumstances up until the signing of the Definitive Agreement (the "Agreement") which is [...]
Crown Gold announces that incentive options to purchase up to 1,950,000 common shares of the Company have been granted to officers, directors and consultants of the Company pursuant to the Company's stock option plan and subject to any necessary regulatory approvals. The options are exercisable at $0.10 until December 31, 2016. For more information please see the Crown website at
Crown Gold is revising the payment date of the previously announced special taxable dividend of Cdn$0.04 per common share, to September 25, 2012 from the originally planned payment date of October 31, 2012. The Company also wishes to clarify the ex-dividend date. Under the rules of the TSX Venture Exchange effective February 2012, the Company's share will trade "Due-Bills" between the second trading day prior to the [...]
Crown Gold Corporation is pleased to announce that the Board of Directors has declared a special dividend of Cdn$0.04 per common share, payable on October 31, 2012 to shareholders of record at the close of business on September 7, 2012.
Crown Gold announces the completion of a previously announced non-brokered private placement for aggregate gross proceeds of up to $404,883.31 comprised of 4,763,333 flow through shares at a price of $0.085 per flow-through share. All securities issued pursuant to this private placement will be subject to a four (4) month hold period. Crown now has 91,250,000 shares outstanding.
Crown Gold announces a proposed non-brokered private placement for aggregate gross proceeds of up to $404,883.31 comprised of up to 4,763,333 flow through shares at a price of $0.085 per flow-through share. All securities issued pursuant to this private placement will be subject to a four (4) month hold period. Completion of the private placement is subject to receipt of all required regulatory and other approvals. If [...]
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