Stone Gold is pleased to announce that it has closed its previously announced non-brokered private placement. The Offering consisted of the sale of an aggregate of 1,575,000 units of the Company at a price $0.20 per Unit for aggregate gross proceeds of $315,000. Each Unit is comprised of one (1) common share of the Company and one-half of one (0.5) Common Share purchase warrant (each whole Common Share purchase warrant, a [...]
Stone Gold Inc. is pleased to announce that it intends to complete a non-brokered private placement with strategic mining investors of up to $300,000 through the issuance of units of the Company at a price $0.20 per Unit , with an over-allotment option of up to 25% of the Offering to be exercised in the Company's sole discretion. Each Unit will be comprised of one common share of the Company and one-half of one Common [...]
Stone Gold announces that its board of directors approved the adoption of by-law No. 2-A which amends and replaces the Company’s current by-law No.2. By-Law 2-A amends the quorum requirement at meeting of shareholders of the Company to holders of not less than 5% of the shares entitled to vote at the meeting being present in person or represented by proxy, from the previous quorum requirement of holders of not less than [...]
Stone Gold announces that diamond drilling has encountered copper mineralization in Phase 1 diamond drilling in the Breton Breccia at the former Tribag Mine Zone located on the 21,000-hectare Copper Road Project. TR22-001, 000AZ, -80 dip, 380 metres depth, the first 100 metres is a fractured, well indurated, altered granite which gradually becomes more brecciated continuing to the bottom of the hole at 380m. 144 samples [...]
Stone Gold Inc. announces that diamond drilling has commenced on the 21,000-hectare Copper Road Project, located approximately 80 km. north of Sault St. Marie. Batchewana Bay District. Tribag Mine Zone The Tribag Mine Zone consists of 6 known breccia pipes; the Breton, East and West breccias were previously mined by Teck Resources Ltd. from 1966-1972. The former Tribag Mine is the primary target as it has not been drilled [...]
Stone Gold Inc. announces that diamond drilling will commence on the Copper Road Project in mid-April. The Company is fully permitted for up to 4,000 metres of diamond drilling at the company's 21,000-hectare Batchewana Bay District located approximately 80 km. north of Sault St. Marie, Ontario. The Batchewana Bay District is situated on the eastern edge of the Late Proterozoic Midcontinent Rift, most of which now lies [...]
Stone Gold Inc. is pleased to announce management advisory team appointments. Jason Libenson: Capital Markets Advisory Role Mr. Libenson is a significant shareholder of Stone Gold, he has been involved in the financial services sector over the last ten years, where he served in senior roles for various asset managers. He has experience raising capital for junior mining companies through different investment vehicles such [...]
Stone Gold Inc. announces that it has granted a total of 1,550,000 incentive stock options of the Company to officers, directors and consultants. The options were granted under the Company's Stock Option Plan and each stock option entitles the holder to acquire one Stone Gold common share at an exercise price of $0.15 until February 10, 2027. For further information, please contact: Mr. John Timmons President & CEO Stone[...]
Stone Gold Inc. is pleased to announce that, in connection with its previously announced non-brokered private placement on December 14, 2021 , the Company is closing the second and final tranche of the Offering. The Offering is comprised of the sale of a combination of flow-through units of the Company at a price of $0.12 per FT Unit and hard-dollar units of the Company at a price $0.10 per HD Unit . The First tranche [...]
Stone Gold Inc. is pleased to announce that, in connection with its previously announced non-brokered private placement on December 14, 2021 , the Company has completed the first tranche , of the Offering. The Offering is comprised of the sale of a combination of flow-through units of the Company at a price of $0.12 per FT Unit and hard-dollar units of the Company at a price $0.10 per HD Unit . The First Tranche consisted [...]
Stone Gold Inc. is pleased to announce that it intends to complete a non-brokered private placement of up to $900,000 through the issuance of a combination of flow-through units at a price of $0.12 per FT Unit and hard-dollar units of the Company at a price $0.10 per HD Unit . Each FT Unit will be comprised of one common share of the Company issued on a flow-through basis within the meaning of the Income Tax Act , and [...]
Stone Gold Inc. is pleased to announce that it has completed a non-brokered private placement for aggregate gross proceeds of $500,000 . The Offering consisted of the sale of 5,000,000 units at a price of $0.10 per Unit. Each Unit consists of one common share of the Company , and one common share purchase warrant , with each Warrant entitling the holder thereof to acquire one additional common share of the Company at a [...]
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