Goldshore Resources Inc. announced today that they will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its latest investor presentation on May 25, 26, and 27th, prior to being admitted for trading on the TSX-V. Goldshore welcomes stakeholders, investors, and other individual followers to register and attend this live event.
Goldshore Resources Inc. and Sierra Madre Developments Inc. are pleased to announce the closing of the previously-announced brokered private placement offerings, pursuant to which Goldshore issued an aggregate of 23,076,924 subscription receipts at a price of $0.65 per Subscription Receipt and Sierra Madre issued an aggregate of 13,333,335 flow-through subscription receipts at a price of $0.75 per Flow-Through [...]
Sierra Madre Developments is pleased to provide additional details on its proposed acquisition of Goldshore Resources Ltd. and the concurrent financing for gross proceeds of up to $25,000,000. The Business Combination and Concurrent Financing were announced by the Company and Goldshore in a news release dated January 26, 2021. About the Concurrent Financing As disclosed in the Initial News Release, the Company and [...]
Goldshore Resources Inc. and Sierra Madre Developments are pleased to announce that the two companies have entered into an amalgamation agreement, effective January 25, 2021, pursuant to which Sierra Madre will acquire all of the issued and outstanding shares of Goldshore. Completion of the Business Combination will result in the reverse takeover of Sierra Madre by Goldshore pursuant to the policies of the TSX Venture [...]
Sierra Madre Developments Inc. announces that it proposes to carry out a change of management, share consolidation and a non-brokered private placement financing. Change of Management The Company announces that Carl von Einsiedel, Robert Anderson and Kathryn Witter have agreed to resign and directors and officers of the Company upon TSX Venture Exchange acceptance of the change of management. To fill their vacancies [...]
Sierra Madre Developments Inc. announces that the directors have approved a share consolidation and a private placement. The directors have approved the consolidation of the Company’s 53,980,827 issued and outstanding common shares on the basis of one new share for every 10 outstanding shares. The directors have also approved a private placement to raise up to $270,000 through the distribution of 5,400,000 [...]
Sierra Madre Developments Inc. announces the results of its annual and special shareholders meeting, held today: Each of Carl von Einsiedel, Robert Anderson and Kathryn Witter was appointed as a director of the Company; The Company’s disposition of its interests in the Harrison Gold Project, to its subsidiary - Bear Mountain Gold Mines Ltd. , was approved. In consideration, BMGM will issue 2,699,041 common shares in [...]
Sierra Madre Developments Inc. is pleased to provide the following corporate update: CTO Revocations The Company recently filed its financial statements and corresponding MD&A and certifications for the fiscal years ended March 31, 2017 and 2018. It has also filed its interim financial statements, MD&A and certifications for the three months ended June 30, 2018. The Company is pleased to announce it has received [...]
Morro Bay Capital and Sierra Madre Developments announce that they have entered into an arm's-length non-binding letter of intent pursuant to which Morro Bay will acquire all of the interests of Sierra Madre in the Penoles project in Mexico. The Transaction will see Morro Bay acquire all of Sierra Madre's Mexican mining interests in exchange for 16 million Morro Bay common shares and share purchase warrants entitling the [...]