Maple Gold Mines Ltd. is pleased to provide an update on exploration activities at its Douay Project located in Quebec, Canada. The Company has expanded its Fall 2020 drill program to consist of 10 holes totalling over 4,000 metres with completion expected in early January 2021 and assay results pending. The Company has also commenced one of the largest Induced Polarization surveys to be carried out on the project [...]
Maple Gold Mines Ltd. is pleased to announce that it has closed its previously announced bought deal offering of common shares of the Company with BMO Capital Markets . Pursuant to the Offering, an aggregate of 27.8 million Common Shares were sold by the Company at a price of C$0.36 per Common Share for gross proceeds of approximately C$10 million. The Company has also granted the Underwriter an over-allotment option [...]
Maple Gold Mines Ltd. is pleased to release the results of its annual general and special meeting of shareholders held on Thursday, December 17, 2020 . The Company has also appointed Rona Sellers to the position of Vice President, Compliance & Corporate Secretary, effective immediately. Results of Annual General & Special Meeting All directors nominated as listed in the information circular dated Novembers 16, 2020, were [...]
Maple Gold Mines Ltd. has announced today that it has entered into an agreement with BMO Capital Markets , under which the Underwriter has agreed to buy on bought deal basis 27,800,000 common shares of the Company , at a price of C$0.36 per Common Share for gross proceeds of approximately C$10 million . The Company has also granted the Underwriter an option, exercisable in whole or in part at the offering price for a [...]
Maple Gold Mines Ltd. is pleased to provide an update on exploration activities at its Douay Project located in northern Quebec, Canada. The Company is currently midway through its fall drilling campaign with initial results expected in the coming weeks. Recently completed regional exploration work has also generated a large pipeline of new prospective target areas for follow up in future programs. "While Maple Gold [...]
Maple Gold Mines Ltd. is pleased to announce that results from recently completed geophysical surveys have allowed definition of a new and highly prospective target area south of the known mineral resource at the Company's Douay Gold Project in northern Quebec, Canada. The Company now plans to incorporate drilling at this target as part of its Fall 2020 drill program which is currently underway. The Company recently [...]
Maple Gold Mines Ltd. is pleased to announce the appointment of Michelle Roth to its Board of Directors. Ms. Roth is an entrepreneur and business leader who founded Roth Investor Relations in 1987. The Company also provides notice of its annual general and special meeting of shareholders which will be held on Thursday, December 17, 2020 at 1:00 pm PST. Board Appointment - Michelle Roth Ms. Roth is an entrepreneur and [...]
Maple Gold Mines Ltd. is pleased to announce that drill rig mobilization is underway for its planned 3,000-metre Fall 2020 exploration drill campaign at the Douay Gold Project in northern Quebec, Canada. The fall drill program is primarily aimed at testing exploration targets that were detailed through the Company's 2019-20 Induced Polarization work programs. Initial drilling of one to two deeper holes will focus on a [...]
Maple Gold Mines Ltd. is pleased to report that it has closed the previously announced strategic investment from Agnico Eagle Mines Ltd. which was completed at a premium to market at C$0.239 per unit for gross proceeds of approximately C$6.2 million. Agnico now owns approximately 12.8% of Maple Gold's issued and outstanding common shares. As announced in the Company's press release on October 8, 2020, the strategic [...]
Maple Gold Mines Ltd. is pleased to announce the signing of a Binding Term Sheet with Agnico Eagle Mines Ltd. that contemplates a 50-50 joint venture , which will combine Maple Gold's Douay Project and Agnico's Joutel Project into a consolidated joint property package . Agnico has also agreed to complete a strategic investment into Maple Gold at approximately C$0.24 per unit for gross proceeds of approximately C$6.2 [...]
Maple Gold Mines Ltd. is very pleased to announce the appointment of Egizio Bianchini as a strategic advisor to provide guidance and insight on strategic corporate matters. Mr. Bianchini was formerly Executive Vice Chairman of Ivanhoe Mines and previously held a distinguished 29-year career at BMO Capital Markets where he held the title of Vice Chairman and Co-Head of the Global Metals & Mining Group from 2011 to 2018 [...]
Maple Gold Mines Ltd. is pleased to announce the appointment of Timo Jauristo and Matthew Lechtzier as strategic advisors to provide guidance and insight on strategic corporate matters. The Company has also appointed Shirley Anthony to the role of Director, Corporate Communications to run strategic communications and outreach programs to build market awareness. "As Maple Gold gears up for a phase of substantial growth, we [...]
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