TORONTO, ONTARIO--(Marketwired - May 8, 2017) - Sandy Lake Gold Inc. ("Sandy Lake") (TSX VENTURE:SLAU) announces today that it has received a notice of default (the "Notice") pursuant to the option agreement between GPM Metals Inc. ("GPM") and Goldeye Explorations Ltd. ("Goldeye") dated April 15, 2015 relating to the property known as the Weebigee Project (the "Option Agreement"). GPM's rights under the Option Agreement [...]
Sandy Lake Gold announces that it has received regulatory approval to change the stock symbol under which its common shares trade on the TSX Venture Exchange to "SLAU". It is expected that the Common Shares will commence trading under the new symbol on the TSXV at the open on Friday, November 4, 2016. Forward Looking Statements This news release contains certain forward-looking information and statements within the [...]
Sandy Lake Gold announces that Mr. Forbes Gemmell has resigned as the President and Chief Executive Officer of the Company, effective immediately, in order to pursue another career opportunity in the mining industry. The board of directors would like to thank Forbes for his valuable contributions to the Company from its inception in Brazil to its new project in Northwestern Ontario and wishes him every success in his new [...]
TORONTO, ONTARIO--(Marketwired - Oct. 14, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S. Sandy Lake Gold Inc. ("SDL") (TSX VENTURE:SDL) announces that it has been notified by GPM Metals Inc. as the named respondent, of its response to Goldeye Explorations Ltd. Notice to Demand for Arbitration (dated September 14, 2016) in connection with the Weebigee Project, Big Sandy Claims and [...]
TORONTO, ONTARIO--(Marketwired - Sep 22, 2016) - Sandy Lake Gold Inc. ("Sandy Lake") (TSX VENTURE:SDL) announces that it has received a formal notice of arbitration (the "Notice") pursuant to the option agreement between GPM Metals Inc. ("GPM") and Goldeye Explorations Ltd. ("Goldeye") dated April 15, 2015 relating to the property known as the Weebigee Project (the "Option Agreement"). GPM's rights under the Option [...]
GPM Metals announces it has completed its previously announced distribution to its shareholders of an aggregate of 39,999,958 common shares of Sandy Lake Gold which it received as consideration for the sale of its interests in the Sandy Lake district of Northwestern Ontario to SLG. The Distribution has been effected by way of return of stated capital, pursuant to which each registered shareholder of GPM as of September [...]
Patrick Sheridan announces that he has acquired ownership and control of 6,205,648 common shares of Sandy Lake Gold on September 16, 2016, representing approximately 10.1% of all issued and outstanding common shares of the Company as of such date. Upon completion of the transaction described above, the Acquirer owns and controls an aggregate of 6,268,148 common shares of the Company (the "Owned Shares"), representing [...]
Goldeye Explorations reports that it has notified Sandy Lake Gold that arbitration is required to address several issues in dispute regarding and arising from the Option Agreement between the parties. Despite Goldeye's efforts, a resolution without an arbitration process has not been achieved. Sandy Lake Gold has 20 days to respond to Goldeye's notice of arbitration after which arbitrators will be appointed. On behalf of [...]
TORONTO, ONTARIO--(Marketwired - Jul 27, 2016) - Sandy Lake Gold Inc. ("Sandy Lake") (TSX VENTURE:SDL) announces today that it has declared an event of force majeure under the option agreement between GPM Metals Inc. ("GPM") and Goldeye Explorations Ltd. dated April 15, 2015 relating to the property known as the Weebigee Project (the "Option Agreement"). GPM's rights under the Option Agreement were acquired by Sandy Lake [...]
Sandy Lake Gold and GPM Metals are pleased to announce that they have completed the previously announced acquisition by Sandy Lake from GPM of GPM's property interests in the Sandy Lake district, Northwestern Ontario. As consideration for the Acquisition, Sandy Lake issued an aggregate of 40,000,000 common shares to GPM. It is a condition of the Acquisition that GPM shall effect a distribution of the Consideration Shares [...]
Lago Dourado Minerals is pleased to announce that it has closed its previously announced non-brokered private placement pursuant to which it has issued 12,000,000 subscription receipts at a price of $0.10 per Subscription Receipt to raise aggregate gross proceeds of $1,200,000, effective June 14, 2016. Each Subscription Receipt entitles the holder to acquire one common share of the Company automatically without any [...]
Lago Dourado Minerals and GPM Metals are pleased to announce that they have entered into a definitive agreement governing the terms and conditions of the previously announced proposed acquisition by Lago from GPM of GPM's interests in the Sandy Lake district, Northwestern Ontario. A copy of the Definitive Agreement is available under the profiles of each of Lago and GPM on SEDAR. All other details of the Acquisition [...]