Ascot Resources Ltd.

Ascot Resources Ltd. is pleased to announce that it has closed its previously announced private placement . A total of 24,000,000 common shares of the Company were sold at a price of $0.86 per Share for gross proceeds to the Company of $20,640,000. Yamana Gold Inc. now holds approximately 6.4% of the Company's issued and outstanding common shares on a non-diluted basis. The private placement financing was conducted [...]

Ascot Resources Ltd. is pleased to announce that it has entered into an agreement with Stifel GMP in connection with a private placement financing whereby Stifel GMP has agreed to buy on a bought deal basis 24,000,000 common shares of the Company at an issue price of $0.86 per Share . Under the underwriting arrangement, Yamana Gold Inc. has agreed to be the substitute purchaser the result of which is that it will purchase [...]

Ascot Resources Ltd. is pleased to announce that it has closed its previously announced bought deal financing . A total of 70,700,000 common shares were sold in the base deal and over allotment option at a price of C$0.86 per Common Share for gross proceeds to the Company of approximately C$61 million. The previously announced over allotment option is now closed. The Offering was conducted by a syndicate of underwriters [...]

Ascot Resources Ltd. has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets and Raymond James Ltd., under which the underwriters have agreed to buy on bought deal basis 64,000,000 common shares , at a price of C$0.86 per Common Share for gross proceeds of approximately C$55 million . The Company has granted the Underwriters an option, exercisable at the [...]

Ascot Resources Ltd. announces the Company's audited consolidated financial results for the year ended December 31, 2020. For details of the audited consolidated financial statements, Management's Discussion and Analysis, and Annual Information Form for the year ended December 31, 2020, please see the Company's filings on SEDAR www.sedar.com. Derek White, President and CEO, commented, "During 2020 and in the first quarter [...]

Ascot Resources Ltd. is pleased to provide the following update on the progress of pre-construction engineering, permitting and exploration for the Premier Gold Project . Mr. White, President and CEO of Ascot commented, "In April 2020, Ascot announced a CAD $147 million initial capital estimate for the mine development, project construction and refurbishment of the project site. Since this date we have progressed the [...]

Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series and co-sponsor Amvest Capital, today announced that the presentations from the February Metals & Mining Virtual lnvestor Conference are now available for on-demand viewing. https://bit.ly/3siwpUf The company [...]

Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Metals and Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals & mining companies discuss [...]

Ascot Resources Ltd. is pleased to announce the Company has submitted the Joint Mines Act/ Environmental Management Act Permit Application to amend Mines Act Permit M-179 and Environmental Management Act Permit PE-8044 for regulatory screening and then review. Derek White, President and CEO of Ascot stated, "This submission is the result of a coordinated work program and process that began in 2018. We worked closely with [...]

Ascot Resources Ltd. is pleased to announce exploration drill results from the Woodbine prospect at the Company's Premier Gold Project . Nine drill holes were completed in an area separate from current known resources but in proximity to the Premier mill . The Woodbine prospect is located to the west of the Cascade Creek fault and the reported drill holes are the first Ascot holes on that side of the fault in the southern [...]