Ascot Resources Ltd. is pleased to announce that it has closed its previously announced bought deal financing . A total of 29,412,000 common shares of the Company were sold under the Offering at a price of C$0.85 per Share for aggregate gross proceeds to the Company of C$25,000,200. The Offering was conducted by a syndicate of underwriters co-led by Desjardins Capital Markets and Stifel GMP and including Paradigm Capital [...]
Ascot Resources Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Desjardins Capital Markets and Stifel GMP, pursuant to which the Underwriters have agreed to purchase, on a bought‐deal basis, 29,412,000 common shares of the Company at a price of C$0.85 per Share for aggregate gross proceeds to the Company of C$25.0 million . The Underwriters have been granted an [...]
Ascot Resources Ltd. is pleased to announce that it has filed on SEDAR the Premier & Red Mountain Gold Project Feasibility Study NI 43-101 Technical Report prepared by Sacre-Davey Engineering Inc. as previously announced on April 15, 2020 The FS, prepared for the Company’s 100% owned Premier and Red Mountain Gold Project located in the Golden Triangle near Stewart, British Columbia, Canada, supports robust economics [...]
Ascot Resources Ltd. announces the Company’s unaudited financial results for the three months ended March 31, 2020 . For details of the unaudited condensed interim consolidated financial statements and Management's Discussion and Analysis for the three months ended March 31, 2020, please see the Company’s filings on SEDAR . All amounts herein are reported in $000s of Canadian dollars unless otherwise specified. Q1 2020 [...]
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, today announced that the OTC Markets Metals & Mining Virtual lnvestor Conference presentations are now available for on-demand viewing. https://tinyurl.com/May2020Metals-MiningVIC The company presentations [...]
Metals & Mining 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 OTC Market's Metals & Mining Virtual lnvestor Conference. Individual investors, institutional investors, advisors, and analysts are invited to listen to the executive management of metals [...]
Ascot Resources Ltd. is pleased to announce robust results for an independent Feasibility Study prepared in accordance with a National Instrument 43-101 Technical Report for its 100% owned Premier and Red Mountain gold projects located in the Golden Triangle near Stewart, British Columbia, Canada. The Study outlines a low capital restart plan to feed the Premier mill at 2500 tonnes per day to produce approximately 1.1 [...]
Ascot Resources Ltd. reports that the Company continues to work efficiently and as quickly as possible to complete its Feasibility Study for the combined Premier and Red Mountain Gold projects. Despite best efforts, the announcement is now anticipated for mid-April. Derek White, President and CEO, commented, “We are pleased with the progress to date, understandable minor delays, in-part due to consequences of Covid-19 [...]
Ascot Resources Ltd. announces the Company's audited consolidated financial results for the year ended December 31, 2019. For details of the audited consolidated financial statements, Management's Discussion and Analysis, and Annual Information Form for the year ended December 31, 2019, please see the Company's filings on SEDAR www.sedar.com. Derek White, President and CEO, commented, "Ascot had another busy year in 2019 [...]
Ascot Resources Ltd. provides notice that a National Instrument 43-101 technical report has been filed with Canadian securities regulators for the Premier Gold Project in British Columbia. The new technical report called “Resource Estimate Update for the Premier Gold Project, Stewart, British Columbia, Canada” has an effective date of December 12, 2019 and is available under the Company’s profile on [...]
Ascot Resources Ltd. is pleased to announce that further to its press release of February 5 2020, it has closed the non-brokered private placement of 5,126,250 flow-through shares at a price of C$0.98 per Flow-Through Share, and 8,170,588 common shares at a price of C$0.64 for aggregate gross proceeds of C$10.3 Million. Derek White, President and CEO, commented, “Ascot will use the proceeds from the flow-through [...]
Ascot Resources Ltd. is pleased to announce a non-brokered private placement offering of up to 7,812,500 common shares and up to 5,102,041 flow-through shares for aggregate gross proceeds of C$10,000,000. Each Common Share is offered at a price of C$0.64 and each FT Share is offered at a price of C$0.98. Derek White, President and CEO, commented, “I’m pleased with the support that Ascot has received from its [...]
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