Golden Tag Resources Ltd. is pleased to announce the restructuring of the Company, and a non-brokered private placement offering for gross proceeds of up to $1,125,000. Subsequent to closing of the Financing, the Company will have cash balances of approximately $2.1 million, and no debt. Management Changes The Company announces the resignations of Bruce Robbins as a Director and interim CEO, and of Marc Carrier as [...]
Golden Tag Resources Ltd. wishes to provide an update. The Company is pleased to announce that it is now fully permitted to continue exploration work, including a drill program, on its 100% owned San Diego silver-zinc project in Durango, Mexico. The permitting process included the following measures. The Company has signed a new 5-year agreement with Ejido San Diego, a Mexican communal municipal governance committee which [...]
Golden Tag Resources Ltd. is pleased to announce that it has closed its private placement offering, issuing 30,000,000 units at a price of $0.05 per Unit for gross proceeds of $1,500,000 . The largest single investor in the Private Placement is Mr. Eric Sprott, through his company 2176423 Ontario Ltd., which subscribed for 13,000,000 Units. As a result, Mr Sprott is now the single largest beneficial equity securityholder [...]
Golden Tag Resources Ltd. is pleased to announce a private placement for an aggregate of $1,500,000 comprised of 30,000,000 units at a price of $0.05 per Unit. Each Unit consists of one common share and one-half share purchase warrant . Each whole Warrant will entitle the holder to purchase one additional Share at a price of $0.07 for a period of 24 months from the date of issue of the Warrants. The Company also announces [...]
MONTREAL, Dec. 20, 2017 -- Golden Tag Resources Ltd. : Golden Tag Resources Ltd. announces that the Board of Directors has accepted the resignation of David M. Rigg as Chief Executive Officer of the Company. In light of Mr. Rigg’s resignation, the Board has appointed Bruce Robbins, presently a director of the Company, as interim Chief Executive Officer. The Company wishes to thank Mr. Rigg, who will remain a [...]
MONTREAL, Nov. 24, 2017 -- Golden Tag Resources Ltd. announces that it has entered into an agreement with Rubicon Minerals Corp. to sell Golden Tag’s 40% interest in the McCuaig Property in Dome Township, Ontario for 550,000 common shares of Rubicon with a 4 month hold. The transaction closing is expected to complete by month end, subject to customary Toronto Stock Exchange approval for Rubicon. Golden Tag also [...]
MONTREAL, QUEBEC--(Marketwired - Aug 4, 2016) - Golden Tag Resources Ltd. (TSX VENTURE:GOG) announces the signing of an agreement with Sirios Resources Inc. concerning sale of Golden Tag's 50% interest in the Aquilon Property in James Bay, Quebec, which it previously agreed to sell in a transaction which did not complete. The consideration payable by Sirios will be $820,000, comprised of $250,000 in cash and $570,000 by [...]
MONTREAL, QUEBEC--(Marketwired - Jul 29, 2016) - Golden Tag Resources Ltd. (TSX VENTURE:GOG) (the "Company") is pleased to announce that it has now completed its previously announced financing which raised $900,000 through issuance of 18 million units (the "Units") at an offering price of $0.05 per Unit. Each Unit is comprised of one common share (each, a "Share") and one common share purchase warrant (each, a "Warrant [...]
MONTREAL, QUEBEC--(Marketwired - Jul 6, 2016) - Golden Tag Resources Ltd. (TSX VENTURE:GOG) announces that the completion of the private placement as announced in the Company's news release of May 26, 2016, is now targeted to be completed in approximately two weeks. While a significant portion of the funds have been received to-date the minimum of $500,000 has not yet been received although it has been informally [...]
MONTREAL, QUEBEC--(Marketwired - May 26, 2016) - Golden Tag Resources Ltd. (TSX VENTURE:GOG) ("Golden Tag") announces that it will seek to raise up to $900,000 through the issuance of up to 18 million equity units (each a "Unit"), each Unit consisting of one common share ("Shares") and one five year Share purchase warrant ("Warrant"). Each Warrant entitles the holder to purchase one Share at a price of $0.07 per Share if [...]
Terminates Sale of 50% of Aquilon Property, Quebec MONTREAL, QUEBEC--(Marketwired - Apr 12, 2016) - Golden Tag Resources Ltd. (TSX VENTURE:GOG) ("the Company") is pleased to announce that it has signed a letter of intent with Golden Minerals Company ("Golden Minerals") allowing Golden Tag to purchase Golden Mineral's 50% interest in the San Diego Silver Project, Mexico. On completion of the formal purchase agreement [...]
MONTREAL, QUEBEC--(Marketwired - Oct 15, 2015) - Golden Tag Resources Ltd. (the "Company") (TSX VENTURE:GOG) announces that it has signed an option agreement to sell its 50% interest in the Quebec Aquilon property located in James Bay Quebec to an arms-length private company. The agreed price is $1 million plus any applicable transfer costs or taxes. An initial non-refundable payment of Thirty-Seven Thousand, Five Hundred [...]
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