Compass Gold Corp.

Investor Demand Increases Previously Announced Proceeds by $100,000 Compass Gold Corp. announced today that it has issued, on a non-brokered private placement basis, 4,666,667 units of the Company , at a price of $0.15 per Unit, for aggregate gross proceeds of $700,000 . Each Unit consisted of one common share of the Company and one-half of one Common Share purchase warrant , with each Warrant entitling the holder thereof [...]

Compass Gold Corp. is pleased to announce that it intends to issue, on a non-brokered private placement basis, 4,000,000 units of the Company , at a price of $0.15 per Unit, for aggregate gross proceeds of $600,000 . Each Unit will consist of one common share of the Company and one-half of one Common Share purchase warrant , with each Warrant entitling the holder thereof to purchase one additional Common Share at a price [...]

Compass Gold Corp. is pleased to announce the appointment of Stephen Eddy to the Board of Directors. "On behalf of our Board and Executive team, I can say that we are extremely pleased to have Stephen join us, particularly as the Company is advancing its strategy to develop its first small gold mine in Mali and to generate cash flow for operations in the near future," said Compass Chairman Joe Conway. "His background and [...]

Initial Bulk Sample Testing Recovers First Gold Environmental and Social Impacts Study Approved Compass Gold Corp. is pleased to provide a further update on the important advances the Company has made at the Massala Gold Project located along a 3 km section of the 14 km Tarabala Trend, within the Company's Sikasso Property in southern Mali. Highlights: Initial gold recoveries have been achieved under Bulk Sampling [...]

Compass Gold Corp. announced today that the holders of outstanding convertible debentures of the Company due June 30, 2025 have agreed to convert 93% the aggregate principal amount due under such Convertible Debentures into common shares of the Company . Specifically, the Convertible Debentures were issued as follows: On June 30, 2023, the Company issued Convertible Debentures in an aggregate principal amount of $650,000 [...]

Compass Gold Corp. announced today that it intends to extend the expiry date of an aggregate of 7,298,668 common share purchase warrants to December 31, 2025 . All other terms of the Warrants, including the exercise price, will remain unchanged. The Warrants were originally issued pursuant to a private placement of units, each unit comprised of one common share and one Warrant, that closed on June 3, 2022. Prior to the [...]

Compass Gold Corp. is pleased to provide a further update on its plans to produce gold at the Massala prospect located along the 15 km Tarabala Trend, which is contained within the Company's Sikasso Property in southern Mali. Highligths Environmental review process for the Massala small mine permit expanded to allow for the future development of wholly-owned facility. SMAT production facility completes successful first [...]

Compass Gold is pleased to provide an update on its plans to produce gold at the Massala prospect located along the 15 km Tarabala Trend, which is contained within the Company's Sikasso Property. Highlights Environmental and social impact studies are expected to be completed within the next 30 days. All other requirements for the granting of Small Mining Permit are complete. Compass team is assisting with the optimization [...]

Compass Gold is pleased to provide an update on its plans to produce gold at the Massala prospect located along the 15 km Tarabala Trend, which is contained within the Company's Sikasso Property in southern Mali. Highlights Existing SMAT Mining Facility to be modified to allow for initial bulk sampling of Compass ore at a rate of up to 30 tonnes per hour Bulk sampling planned for February will provide recovery data and [...]

Compass Gold is pleased to announce the completion of its previously announced private placement offering and has issued, on a non-brokered private placement basis, 610.5 convertible debenture units of the Company, at a price of $1,000 per Debenture Unit, for aggregate gross proceeds of $610,500 . The Offering closed on December 2, 2024 . The proceeds of the Offering will be used principally to fund the delineation of the [...]