Sandy Lake Gold is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 5,000,000 units at a price of $0.05 per Unit to raise aggregate gross proceeds of up to $250,000. Each Unit shall consist of one common share of the Company and one share purchase warrant , with each such Warrant exercisable to acquire one additional Share at an exercise price of $0.10 [...]
TORONTO, April 23, 2018 -- Sandy Lake Gold Inc. announces that it has declared an event of force majeure pursuant to the Option Agreement between GPM Metals Inc. and Goldeye Explorations Ltd. dated April 15, 2015, relating to the Property , located in Northwest Ontario. GPM’s rights under the Option Agreement were acquired by Sandy Lake Gold as previously announced July 21, 2016. The event of force majeure results [...]
Sandy Lake Gold is pleased to announce that it intends to complete a non-brokered private placement financing of up to 5,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $250,000 . Each Unit shall be comprised of one common shares in the capital of the Corporation and one Share purchase warrant . Each Warrant shall be exercisable at a price of $0.10 for a period of 24 months following the closing of [...]
TORONTO, March 08, 2018 -- Sandy Lake Gold Inc. announces that it has granted an aggregate of 1,100,000 stock options to a director and a consultant pursuant to the Company's Stock Option Plan. The options have an exercise price of $0.09 per share and an expiry date of March 6, 2023, and vesting as to 25% immediately and 25% after each of 6, 12, and 18 months after date of grant. For further information please contact [...]
Feb. 28, 2018 -- Sandy Lake Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which issued 10,000,000 units at a price of $0.055 each to raise aggregate gross proceeds of $550,000. Each Unit consists of one common share of the Company and one share purchase warrant , with each Warrant entitling the holder thereof to acquire one additional Share at an [...]
Feb. 05, 2018 -- Sandy Lake Gold Inc. announces an update of exploration work in the Sandy Lake Gold District and changes to the Board of Directors. The Company has recently completed a ground magnetic survey on portions of the Weebigee area, in the western part of the SLGD. The recently completed project consisted of ground magnetics over 375 line km. at the NW Arm and Stain River prospects. Results from this survey are [...]
Sandy Lake Map TORONTO, Jan. 22, 2018 -- Sandy Lake Gold Inc. announces that the Company has acquired by staking, an additional 806 claim units adjacent to its existing district scale land package for an aggregate total of 2,591 claim units . The Company’s current holdings encompass approximately 50 km of banded iron formation structure which the Company believes to be highly prospective for gold mineralization. The [...]
Sandy Lake Gold is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 10,000,000 units at a price of $0.055 per Unit to raise aggregate gross proceeds of up to $550,000. Each Unit shall consist of one common share of the Company and one share purchase warrant, with each such Warrant exercisable to acquire one additional Share at an exercise price of [...]
Nov. 17, 2017 -- Sandy Lake Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which issued 3,000,000 units ; and 5,000,000 special warrants , each at a price of $0.05 to raise aggregate gross proceeds of $400,000. Each Unit consists of one common share of the Company and one share purchase warrant , with each Warrant entitling the holder thereof to [...]
TORONTO, ONTARIO--(Marketwired - Sep 20, 2017) - Sandy Lake Gold Inc. (the "Company" or "SLG") (TSX VENTURE:SLAU) announces that the Arbitral Tribunal has made an award with regard to the first part of the arbitration underway with respect to the property known as the Weebigee Project. The award upheld the declaration of force majeure made by the Company on July 27, 2016 pursuant to the option agreement between GPM Metals [...]
/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S./ TORONTO, July 19, 2017 /CNW/ - Sandy Lake Gold Inc. ("Sandy Lake" or the "Company") (TSXV:SLAU) announces that it has closed a non-brokered private placement (the "Offering") pursuant to which it has issued an aggregate of 7,500,000 units ("Units") and 7,500,000 special warrants ("Special Warrants") at a price of $0.05 per Unit and $0.05 [...]
Sandy Lake Gold announces a non-brokered private placement pursuant to which it will issue up to 15,000,000 units and/or special warrants at a price of $0.05 each to raise aggregate gross proceeds of up to $750,000. Each Unit will consist of one common share of the Company and one share purchase warrant, with each Warrant entitling the holder thereof to acquire one additional Share at an exe...
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