Omai Gold Mines Corp. is pleased to announce the appointment of Elaine Ellingham to its Board of Directors, effective immediately. Ms. Ellingham has over 35 years of experience in mineral exploration, corporate development and investor relations for mining companies. She is Principal of Ellingham Consulting Ltd., an independent consulting firm providing geological and advisory services. She is a Director of Alamos Gold [...]
Omai Gold Mines Corp. is pleased to announce that the first phase of diamond core drilling at the Omai Project has commenced. The 5,000-meter drill program will focus on expanding the open-pit potential of the historical past-producing Wenot Pit. Wenot was not fully tested due to a low gold price environment, but previous drilling demonstrates the potential for similar grades and thicknesses of gold extending below the [...]
Omai Gold Mines Corp. is pleased to announce the results from a program of logging and sampling of 6,000 meters of unassayed core from a 2012 drilling program that had been preserved by the Guyana Geology & Mines Commission . As announced on December 15, 2020, assays from the first two of these holes, 12WED11 and 12WED13, indicate that high-grade mineralization extends below the Wenot Pit with additional expansion [...]
Omai Gold Mines Corp. is pleased to announce the first results from an ongoing program of logging and sampling of 6,000 meters of unassayed core from a 2012 drilling program that had been preserved by the Guyana Geology & Mines Commission . The assay results from the first two of these holes, 12WED11 and 12WED13, which were never logged or sampled, indicate that high-grade mineralization extends below the Wenot Pit and [...]
Company grants stock options TORONTO, Dec. 03, 2020 -- Omai Gold Mines Corp. announces the appointment of Renaud Adams as non-executive Chairman of its Board of Directors and the resignation of Paul Fornazzari from the board, effective immediately. Mr. Adams has 25 years of experience in the mining industry. He is currently President, Chief Executive Officer and Director of New Gold Inc. – roles he has held since [...]
Omai Gold Mines Corp. announces that in connection with the resumption of trading of its shares on the TSX Venture Exchange following the closing of its transaction with Avalon Investment Holdings Inc. as disclosed in its press release of October 1, 2020, that pursuant to National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, Sandstorm Gold Ltd. is announcing the [...]
Omai Gold Mines Corp. is pleased to announce that following the closing of its reverse takeover transaction with Avalon Investment Holdings Inc. as previously described in its news releases dated May 24, October 10, and October 1, 2020 and more particularly set out in its management information circular dated August 29, 2020, which is available under the profile of the Company at www.sedar.com, the TSX Venture Exchange [...]
Omai Gold Mines Corp. , is pleased to announce that it has completed its previously announced reverse takeover transaction pursuant to which Omai acquired all of the issued and outstanding common shares in the capital of Avalon Investment Holdings Inc. , a private Barbados corporation with an interest in a mineral property in Guyana from the shareholders of Avalon . Omai’s common shares, which had traded on the TSX [...]
Anconia Resources Corp. announces it will host its annual general and special meeting in a virtual and in-person hybrid format in response to the ongoing global COVID-19 pandemic. The Meeting will now take place on Wednesday September 30, 2020 at 10:00 am Toronto Time and will be hosted in a virtual setting via webcast and teleconference as well as at the head office of the Company at 82 Richmond Street East, Toronto [...]
Anconia Resources Corp. announces that the TSX Venture Exchange has approved a change in the Company’s stock symbol trading on the TSXV. Effective on August 6th, the Company’s common shares will trade on the TSXV under the symbol “OMG” . The previous trading symbol was “ARA”. Jason Brewster, President and CEO of Anconia commented: “The symbol “OMG” was chosen to reflect the Company’s upcoming RTO transaction with Avalon [...]
Avalon Investment Holdings Ltd. , the holder of an indirect 100% interest in the Omai Gold Mine in Guyana, is pleased to announce that it has completed a non-brokered private placement financing for aggregate proceeds of US$4,500,000. Under the terms of the financing, Avalon issued 30,000,000 common shares of Avalon to a subsidiary of Silvercorp Metals Inc. at a price of US$0.15 per common share. In connection with the [...]
Anconia Resources Corp. is pleased to announce material updates in connection with a proposed reverse take-over of Avalon Investment Holdings Ltd. subject to approval of the TSX Venture Exchange to list the shares of the resulting entity on the Exchange. The Resulting Issuer will continue to carry on base and precious metals exploration and development, focused primarily on the exploration of Avalon’s Omai Gold Mine [...]