Midas Gold Corp. reported today that the U.S. Forest Service has indicated that the Draft Environmental Impact Statement for the Stibnite Gold Project in Valley County, Idaho, will be made available for public review in January 2020. Midas Gold Idaho continues to work closely with federal and state regulators to ensure that the permitting process remains on track. The USFS also anticipates issuing a Final EIS and Draft [...]
Company executives will share vision and answer audience questions at VirtualInvestorConferences.com Virtual Investor Conferences today announced the agenda for the upcoming Virtual lnvestor Conference, the leading proprietary investor conference series. Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 9:15 AM ET on Wednesday, December 4th and Thursday [...]
Company executives will share vision and answer audience questions at VirtualInvestorConferences.com Virtual Investor Conferences today announced the agenda for the upcoming Virtual lnvestor Conference, the leading proprietary investor conference series. Individual investors, institutional investors, advisors and analysts are invited to attend. The program opens at 9:15 AM ET on Wednesday, December 4th with the first [...]
Midas Gold Corp. reported today that permitting for the Stibnite Gold Project continues to move forward on the schedule announced on April 2, 2019, without any additional delays. Midas Gold Idaho, a subsidiary of Midas Gold, has been working closely with federal and state regulators to ensure that the permitting remains on track with the agreed schedule. This is the second quarter in a row that the United States Forest [...]
Midas Gold Corp. understands that the Nez Perce Tribe has followed on from its Notice of Intent to sue by filing suit in federal court on essentially the same matters as discussed in the June 6, 2019 release. Midas Gold will vigorously defend the unwarranted and misguided lawsuit over water quality in the Stibnite Mining District related to historical mining activity dating back over 80 years and long before the Company [...]
Midas Gold Corp. is pleased to announce that it has closed the previously announced bought deal equity financing led by RBC Capital Markets and BMO Capital Markets and including Haywood Securities Inc. The Company has issued 33,200,000 common shares at a price of C$0.60 per Offered Share for aggregate gross proceeds of C$19,920,000. The Offered Shares were qualified for distribution by a prospectus supplement dated June [...]
Midas Gold Corp. has today entered into an agreement with RBC Capital Markets and BMO Capital Markets and a syndicate of underwriters in connection with a bought deal public offering of 33,200,000 common shares of the Company . The Common Shares will be offered at a price of C$0.60 per Common Share for gross proceeds of approximately C$19.9 million. The proceeds from the sale of the Common Shares will be used to advance [...]
Midas Gold Corp. today announced that it has been advised that the Nez Perce Tribe intends to initiate legal action against the Company and its subsidiaries related to water quality impacts related to historical mining activity undertaken prior to Midas Gold Corp.’s involvement in the site. Water quality in the historical Stibnite Mining District has been impacted by more than a century of mining activity, most of [...]
Midas Gold today announced the results of its annual general meeting, which was held in Vancouver on May 7, 2019. Following the meeting, Stephen Quin, President and CEO, provided those present with an overview of the Company’s progress over the past year and its plans going forward. Annual General Meeting Voting Result A total of 156,623,640 million common shares were represented at the AGM, or 66.4% of the votes [...]
Midas Gold Corp. today announced it has provided an initial cash grant of $100,000 and issued 1.5 million common shares in the capital of the Company , valued at US$877,500, to launch the Stibnite Foundation in Idaho. These grants to the Stibnite Foundation were made in accordance with the Company’s ongoing annual and milestone funding obligations pursuant to the terms of the Community Agreement, details of which [...]
Midas Gold Corp. today announced that it has now filed a final short form base shelf prospectus with the securities commissions in each of the provinces of Canada, except Quebec. This follows the completion of a regulatory review of the preliminary base shelf prospectus, the filing of which was reported on March 12, 2019. The Shelf Prospectus will allow Midas Gold to offer and issue up to C$200 million of common shares [...]
Midas Gold Corp. today announced that it has been advised that the United States Forest Service anticipates issuing a Draft Environmental Impact Statement for public comment in late Q4 2019, with a Final EIS and Draft Record of Decision anticipated in Q3 2020 for the Stibnite Gold Project . This schedule would put the Final ROD for the Project in late Q4 2020 and incorporates the impacts the partial shutdown of the [...]
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