Medgold Resources announces that it has filed on SEDAR+ the notice of meeting, management information circular and form of proxy relating to its annual general and special meeting of shareholders to be held on August 31, 2023 and that it has mailed proxy materials for the Meeting. The Circular contains the following disclosure of exploration work Medgold has completed on its Tlamino Project exploration licenses subsequent [...]
Medgold Resources is pleased to announce that it has received conditional acceptance from the TSXV for the proposed reverse takeover transaction pursuant to which Medgold is to acquire all of the issued and outstanding common shares of Balkan Metals. At closing, Medgold's name is to be changed to "Electrum Metals Group Corp." and its shares are to be consolidated on a 16:1 basis . The resulting issuer after the [...]
Medgold Resources is pleased to provide an update on its proposed acquisition of Balkan Metals Corp, some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometers, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia. Balkan Metals shareholders have approved the Acquisition, and [...]
Medgold Resources is pleased to provide an update on its proposed acquisition of Balkan Metals, some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 km2, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia. The parties are continuing to work together to satisfy the conditions precedent to [...]
Medgold Resources is pleased to announce that it has closed its re-acquisition of 100% ownership of the Tlamino Project located in Serbia, pursuant to its previously announced two agreements with Fortuna Silver Mines. The first such agreement terminates the Option Agreement entered into between the parties on Dec 15, 2020 that provided for Medgold to acquire Fortuna's 51% beneficial interest in the Project for a cash [...]
Medgold Resources is pleased to announce that Medgold and Balkan Metals Corp. have signed a definitive amalgamation agreement setting out the terms of the proposed acquisition by Medgold of Balkan Metals, a private British Columbia company which holds a portfolio of exploration licenses in Serbia, some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 [...]
Medgold Resources is pleased to provide an update on its proposed acquisition of Balkan Metals Corp. some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometers, the resulting company will be the largest holder of highly prospective exploration ground in the Republic of Serbia. Medgold and Balkan Metals have signed an amendment to their [...]
Medgold Resources Corp. is pleased to announce that it has entered into a non-binding arm's length letter of intent dated November 23, 2022 to acquire all of the issued and outstanding common shares of Balkan Metals Corp. some of which are contiguous to Medgold's existing Serbian exploration permits. With mineral rights covering close to 1,000 square kilometers, the resulting company will be the largest holder of highly [...]
Medgold Resources is pleased to announce that it has entered into two definitive agreements with Fortuna Silver Mines Inc., to acquire Fortuna's 51% interest in the Tlamino Project. The first such agreement terminates the Option Agreement entered into between the parties on December 15, 2020 that provided for Medgold to acquire the Interest for a cash consideration of US$ 3.468 million and the second, which converts the [...]
Medgold Resources reports on the status of the previously announced proposed sale of the Company's Tlamino Project to MetalsTech. MetalsTech has advised the Company that it will not be exercising its option to acquire the Project. As a result, the agreement between the parties has terminated. Management of the Company is reviewing a number of alternate strategic options in regard to the Tlamino Project, and continues its [...]
Medgold Resources Corp. is pleased to announce that it has entered into a binding option agreement with MetalsTech Ltd. , in regard to the sale of the Company's interest in the Tlamino Project in Serbia. Under the terms of the Agreement, Medgold has granted MetalsTech an exclusive option to acquire a 100% interest in the Tlamino Project for a total consideration of A$3,000,000 in cash . The Option is exercisable by [...]
Medgold Resources Corp. | announces that Mr. Simon Ridgway has resigned as Executive Chairman and as a Director of Medgold in order to pursue other business interests. Mr. Ridgway is recognized and warmly thanked for his foundational role in the establishment of Medgold, and for his strategic leadership of the Company through its acquisition, financing and advancement of property assets in both Serbia and Portugal [...]
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