NeXGold Mining is pleased to announce that the Company has commenced a multi-stage exploration program, including a 25,000-metre diamond drilling program at its Goliath Gold Complex. Phase 1 of this campaign is focused on the area between the Goliath and Goldlund deposits, which are separated by 25 km and have seen very little historical drilling in between. Highlights: 25,000-Metre Expansion and Discovery Drilling [...]
NeXGold Mining and Wabigoon Lake Ojibway Nation today announced a new Relationship Agreement - a significant step towards Reconciliation and shared success in Canada's mining sector. The Agreement compensates for historical exploration activities in the traditional territories of Wabigoon Lake Ojibway Nation and paves the way for improved First Nation participation in the future Goliath Gold Complex . Jeremy Wyeth, CEO of [...]
NeXGold Mining is pleased to announce that it will begin trading at market open on August 5, 2024 on the OTCQX Market under the new stock trading symbol NXGCF. The change in symbol on the OTCQX aligns with the Company's recently-announced name change from Treasury Metals Inc. to NexGold Mining Corp., as well as the change in ticker symbol on the TSX Venture Exchange to NEXG, which was effective as of Tuesday, July 10 [...]
NeXGold Mining is pleased to announce the appointment of Frank Giustra and Shawn Khunkhun as Strategic Advisors to the Company. Morgan Lekstrom, President of NexGold, commented: "Adding Frank and Shawn as Strategic Advisors will help solidify the overall vision for NexGold. Frank is an icon in the mining industry, with a proven track record of building value-driven mining companies with strong shareholder value. Shawn has [...]
NeXGold Mining is pleased to announce that effective as of today, the Company has changed its name from "Treasury Metals Inc." to "NexGold Mining Corp." and completed a consolidation of the Company's issued and outstanding shares on the basis of one post-consolidation Share for every four pre-consolidation Shares . The Shares will be trading under the symbol "NEXG" on the TSX Venture Exchange effective as of market open [...]
Treasury Metals Inc. is pleased to announce the completion of tranche 2 of the previously announced non-brokered private placement of flow-through units. Tranche 2 consisted of 8,690,000 FT Units at $0.23 per FT Unit for aggregate gross proceeds of C$1,998,700. Combined with the closing of the first tranche of the Financing, the Financing consisted of an aggregate of 27,826,000 FT Units at $0.23 per FT Unit for aggregate [...]
Treasury Metals and Blackwolf Copper and Gold are pleased to announce the successful completion of the previously-announced transaction pursuant to which, among other things, Treasury acquired all of the issued and outstanding common shares of Blackwolf pursuant to a court-approved plan of arrangement. Jeremy Wyeth, CEO and Director of the combined company, stated "We are excited for the formation of a new growth-oriented [...]
Treasury Metals Inc. is pleased to announce that at its annual and special meeting of shareholders held earlier today, the Company's shareholders voted overwhelmingly in favour of certain matters relating to the proposed plan of arrangement involving the Company and Blackwolf Copper and Gold Ltd. pursuant to which the Company will acquire all of the common shares of Blackwolf , as well as certain annual general matters. A [...]
Highlights: Treasury Metals is holding its Annual and Special Meeting of Shareholders on June 26, 2024 at 1:00 p.m. The Special Committee and Board of Directors of the Company Unanimously Recommend that Shareholders Vote FOR the matters relating to the Arrangement with Blackwolf Copper and Gold Ltd. Shareholders are encouraged to vote well in advance of the proxy voting deadline on June 24, 2024 at 1:00 p.m. TORONTO, June [...]
Treasury Metals and Blackwolf Copper and Gold are pleased to announce that, further to the press release on May 2, 2024, which announced the combination of the two companies, that the Concurrent Financing of TML has been upsized from $4 million to up to $6.4 million. Frank Giustra will be the lead order, subscribing for $2 million. Jeremy Wyeth, President and CEO of Treasury Metals, commented, "With continued support from [...]
First Mining Gold Corp. announces today that on May 6, 2024, it disposed of 4,539,000 common shares of Treasury Metals Inc. at a price of $0.22 per share for gross proceeds of approximately $1.0 million through the facilities of the Toronto Stock Exchange . Immediately prior to the Transaction, First Mining owned 20,000,311 common shares of Treasury, representing approximately 10.69% of the issued and outstanding common [...]
Treasury Metals and Blackwolf Copper and Gold are pleased to announce that they have entered into a definitive arrangement agreement dated May 1, 2024 to combine the two companies to advance the Goliath Gold Complex Project in Ontario towards production with a strengthened leadership, balance sheet and capital markets team. The combined company's Niblack Copper-Gold development project in Alaska and other exploration [...]