Cassiar Gold Corp. is pleased to announce that due to strong investor demand it has increased the size of its private placement previously announced on September 30, 2020. Cassiar now proposes to sell up to $1.5 million in units at a price of C$0.60 per Unit and $4.5 million flow-through units on a "CEE flow-though" basis sold to traditional buyers at a price of C$0.70 per Flow-Through Unit and to charitable buyers at a [...]
Cassiar Gold Corp. is pleased to announce that subject to TSX Venture Exchange approval, the Company intends to sell a minimum of C$1.0 million in units at a price of C$0.60 per Unit with the remaining balance to be comprised of the sale of flow-through units on a "CEE flow-though" basis sold to traditional buyers at a price of C$0.70 per Flow-Through Unit and to charitable buyers at a price C$0.82 per Flow-Through Unit [...]
Margaux Resources Ltd. is pleased to announce that at the annual and special meeting of its shareholders held today, each item of business placed before the shareholders was approved, including: the election of each of Messrs. Marco Roque, Stephen Letwin, Christopher Stewart, James Letwin, Wenhong Jin and Michael Wood as directors of the Company; the appointment of MNP LLP as auditors of the Company; confirmation of the [...]
Margaux Resources announces that shareholders will be asked at the Company's upcoming annual and special shareholder meeting scheduled for September 23, 2020 to approve a change of the name of the Company to "Cassiar Gold Corp." The Company is also proposing to consolidate its issued and outstanding common shares on the basis of one post-consolidation Common Share for each five pre-consolidation Common Shares, or such [...]
Margaux Resources Ltd. is pleased to advise that the following documents have been sent to shareholders: 2020 Notice of Annual General Meeting Proxy Annual Report The Notice of General Meeting and the sample Proxy Forms have been filed on SEDAR under the Company's profile and will be available on the Company's website at www.margauxresources.com OPTION ISSUANCE The Company has granted an aggregate of 5,900,000 Common [...]
Margaux Resources Ltd. is pleased to announce the commencement of its 2020 exploration program at the Cassiar Gold Project in northern British Columbia. Crews were initially mobilized on May 20 for a three-week campaign to prepare camp and road access and to collect environmental data. Approvals and permits are now in place to operate the exploration camp during the field program. The exploration team has returned to site [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated June 19, 2020 and June 24, 2020, and subject to receiving final regulatory approvals, it has closed its non-brokered private placement by issuing: 49,999,993 units of the Company at a price of $0.07; and 11,111,109 flow-through units at a price of $0.09 per Flow-Through Unit. Gross proceeds raised under Offering are $4.5 Million. "We are [...]
Margaux Resources Ltd. is pleased to announce the appointment of Marco Roque as its new Chief Executive Officer, effective immediately. Mr. Roque will join the MRL Board as a Director of the Company effective July 1, 2020. Marco Roque brings to the position a wealth of knowledge and an array of experiences in company development and global capital markets. Mr. Roque started his career in private banking with Millennium [...]
Margaux Resources Ltd. is pleased to announce the following: Increase in previously announced financing Warrant acceleration clause amendment Update on 2020 Drill Program FINANCING The Company has increased its previously announced private placement financing from 22,857,143 units of the Company to 50,000,000 Units at a price of $0.07 per Unit. The Company also announces that it has updated the terms of the acceleration [...]
Margaux Resources Ltd. is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to 22,857,143 units of the Company at a price of $0.07 per Unit and 11,111,111 flow-through units on a "CEE flow-through" basis at a price of $0.09 per Flow-Through Unit, pursuant to the Income Tax Act for gross proceeds of up to $2.6 Million . Each Unit will [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated March 5, 2020 and April 28, 2020, and subject to receiving final regulatory approvals, it has closed the second tranche of its non-brokered private placement by issuing 357,000 units of the Company at a price of $0.07 for aggregate proceeds of $24,990. Gross proceeds raised under the first and second tranche of the Offering are $274,995 [...]
Margaux Resources Ltd. is pleased to announce that it has engaged GoldSpot Discoveries Corp. to identify and assess targets at Margaux's Cassiar Gold Project in northern British Columbia. This will be done by leveraging extensive geoscience data that has been collected through the multi-decade exploration and production history of the Project, using GoldSpot's in-house collaborative expertise, machine learning, and other [...]