Galane Gold Ltd. today announces that it has entered into definitive agreements to sell its Mupane gold mine in Botswana to Hawks Mining Company Proprietary Limited , a company registered under the laws of Botswana and owned by certain individuals forming part of the Company's local Botswana management team . The board of directors and management of Galane, as part of its continuing review of the strategy of the Company [...]
Galane Gold Ltd. today announces that it has issued to Gavin Vandervegt a notice to terminate his contract as the Company's Chief Financial Officer. Mr. Vandervegt has served as Galane Gold's CFO since October 2016 and he will remain with the Company in a transitional role for a period of up to three months. "We would like to thank Gavin for his tireless and invaluable contributions to Galane Gold," said Nick Brodie [...]
Galane Gold Ltd. is pleased to announce that it has commenced commercial production at its Galaxy operations. During the final quarter of 2021, production at Galaxy has continued to increase and as a result, the operation is considered to have started commercial production. This is in line with the Company's expectations and represents a significant milestone for Galane. Galane's management has also carried out an [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and nine months ended September 30, 2021. A copy of the unaudited condensed consolidated interim financial statements for the three and nine months ended September 30, 2021 prepared in accordance with International Financial Reporting Standards and the corresponding Management's Discussion and Analysis are available under the [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three and six months ended June 30, 2021. A copy of the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2021 prepared in accordance with International Financial Reporting Standards and the corresponding Management's Discussion and Analysis are available under the Company's profile [...]
Galane Gold Ltd. is pleased to announce that it has commenced stoping at the Galaxy ore body, and to provide an update on its operations and progress at the Summit Mine. As of the end of July, Galane Gold has commenced stoping in the Galaxy ore body and expects to see a marked increase in tonnes delivered to the processing plant going forward. This represents the final milestone to be met as the Company ramps up [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the three months ended March 31, 2021. A copy of the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2021 prepared in accordance with International Financial Reporting Standards and the corresponding Management's Discussion and Analysis are available under the Company's profile on [...]
Galane Gold Ltd. is pleased to announce the closing of its previously announced transaction whereby Galane Gold, through a wholly-owned subsidiary, will acquire the Summit Mine and the infrastructure constituting the Banner Mill in New Mexico from Pyramid Peak Mining, LLC , a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP. Nick Brodie, CEO of Galane Gold, commented, "The management team is excited [...]
Galane Gold Ltd. is pleased to announce the release of its financial results for the year ended December 31, 2020. All amounts are in United States dollars unless otherwise indicated. A copy of the audited consolidated financial statements for the year ended December 31, 2020 prepared in accordance with International Financial Reporting Standards and the corresponding Management's Discussion and Analysis will be available [...]
Galane Gold Ltd. is pleased to announce that it has entered into a definitive agreement to acquire, through a wholly-owned subsidiary, the Summit Mine and the infrastructure constituting the Banner Mill in New Mexico from Pyramid Peak Mining, LLC, a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP. Closing of the Acquisition is expected to occur on or about May 16, 2021, and is subject to certain [...]
Galane Gold Ltd. is pleased to provide an update in respect of its previously announced C$9.0 million private placement of subscription receipts of the Company in connection with the Company's binding offer to acquire , through a wholly-owned subsidiary, the Summit Mine and the infrastructure constituting the Banner Mill in New Mexico from Pyramid Peak Mining, LLC, a wholly owned subsidiary of Waterton Precious Metals [...]
Galane Gold Ltd. is pleased to announce that it has entered into a binding offer to acquire , through a wholly-owned subsidiary, the Summit Mine and the infrastructure constituting the Banner Mill in New Mexico from Pyramid Peak Mining, LLC, a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, LP . The aggregate consideration to be paid for the Assets is US$17.0 million, consisting of cash consideration [...]
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