TriStar Gold Inc. (the Company or TriStar) announces that it has raised CDN$2,207,950 under the private placement announced January 16, 2014 (the Private Placement) by the issuance of 22,079,500 units (the Units) of the Company at a price of $0.10 per Unit. Each Unit consists of one (1) common share (a Share) in the capital of the Company and one (1) share purchase warrant (a Warrant), each Warrant entitling [...]
TriStar Gold announces that it has entered into an amending agreement with the vendor of the Castelo de Sonhos property in Brazil to extend the due dates of the remaining payments to the vendor. Under the amending agreement, a payment of US$300,000 due in March of this year has been amended to three payments of US$100,000 each payable over the next 11 months, with the first such payment due on March 13, 2014. The final [...]
TriStar Gold announces its plan to raise up to $3 million by way of a non-brokered private placement. The proceeds will be used to conduct an infill drill program at the Company’s Castelo de Sonhos Project in Para state, Brazil. The drill program is designed to provide enough information to generate a resource estimate which will be used to complete a technical report. The filing of the technical report with the [...]
TriStar Gold has entered into an agreement with the vendor of the Castelo de Sonhos property amending the original acquisition agreement signed October 23, 2010. Under the amending agreement, the Company has paid US$50,000 and will issue to the vendor 1,000,000 shares of the Company, in lieu of a payment of US$200,000 which became due on September 3, 2013. This issuance of the Company's shares is subject to acceptance of [...]
TriStar Gold has received the results for the final twenty seven holes completed in the second phase diamond drilling program at the Company’s 100% owned Castelo de Sonhos Gold Project in the Tapajos region of Para state, Brazil. Results received relate to infill and step-out drilling at the Esperança South and Esperança Center targets, additional drilling at the Esperança East target and first time drilling at the [...]
TriStar Gold has received the results of eighteen (18) more holes completed in the second phase diamond drilling at the Company’s 100% owned Castelo de Sonhos Gold Project in the Tapajos region of Para state, Brazil. Results received relate to infill drilling at the Esperança South and Esperança Center targets and first time drilling at the Esperança East target. These results confirm and expand the mineralization at [...]
TriStar Gold is pleased to announce the results of the first round of holes completed in the second phase diamond drilling at the Company’s 100% owned Castelo de Sonhos Gold Project in the Tapajos region of Para state, Brazil. Results have been received for fifteen (15) holes drilled at the Esperança South Target. The second phase of drilling at Castelo de Sonhos started on July 17th with two drill rigs, both initially [...]
TriStar Gold is pleased to announce that it has granted stock options exercisable to purchase a total of 1,025,000 of its shares at a price of $0.45 per share to directors, officers, employees and consultants, subject to the terms of its current stock option plan. These options will expire August 22, 2017.
TriStar Gold has commenced the second phase of core drilling at its 100% owned Castelo de Sonhos project. The company plans a minimum of 5,000 meters of core drilling to be performed by two drill rigs. A total of 44 holes are planned to be drilled in three targets at depths ranging from 50 to 200 meters. The Company has also closed a private placement of units at $0.25 per unit to raise $1,400,000.
TriStar Gold is pleased to announce that, further to its news release dated May 17, 2012, the TSX Venture Exchange has accepted for filing the Company’s proposed incentive program to encourage the early exercise of certain outstanding warrants. The Warrants, as originally issued, are exercisable into one common share of the Company at $0.30 per share until December 20, 2015. The Company is now offering to the Warrant [...]
TriStar Gold plans to raise up to $4 million by a combination of a warrant exercise incentive program and a non-brokered private placement. The proceeds will be used to continue drilling at the Company’s Castelo de Sonhos Project in Para state, Brazil.