Lago Dourado Minerals is pleased to announce that it proposes to complete a non-brokered private placement pursuant to which it will issue up to 12,000,000 subscription receipts at a price of $0.10 per Subscription Receipt to raise aggregate gross proceeds of up to approximately $1,200,000. Each Subscription Receipt will entitle the holder to acquire one common share of the Company automatically without any additional [...]
GPM Metals and Lago Dourado Minerals wish to respond to an announcement made by Goldeye Explorations on April 22, 2016 regarding 1,412 claim units known as the "East Block" which were staked by GPM surrounding the property known as the Weebigee Project. The Weebigee Project is the subject of an option agreement between GPM and Goldeye, the terms of which are outlined in a press release of GPM dated April 15, 2015 [...]
Lago Dourado Minerals and GPM Metals are pleased to announce that they have agreed upon terms of the proposed acquisition by Lago from GPM of GPM's interests in the Sandy Lake district, Northwestern Ontario. These interests include a 100% interest in 1400 contiguous claim units known as the "East Block" as well as GPM's right to earn up to a 70% interest in the Weebigee Project, also known as the "Northwest" claim block [...]
Lago Dourado announces today that Marie-Josée Audet has been appointed to the position of Chief Financial Officer of the Company. Marie-Josée Audet, an employee of Marrelli Support Services Inc., is a Canadian Chartered Professional Accountant and has a Master of Business Administration with specialization in management of small and medium business. She has provided financial services primarily to junior exploration [...]
Lago Dourado announces that it has filed articles of amendment to consolidate the Company's issued and outstanding common shares on the basis of one (1) new common share for every ten (10) existing common shares, effective as of April 1, 2015. Shareholder approval of the Consolidation was obtained at the Company's annual and special meeting of shareholders held on December 11, 2014.
Lago Dourado Minerals announces Mr. Thomas Obradovich has resigned effective immediately from the Board of Directors in order to focus on a new opportunity. Mr. Obradovich will continue to assist the Company in a consultancy role. "The Company would like to thank Mr. Obradovich sincerely for his significant contributions to the Company since joining the Board in 2010. We look forward to continuing our working relationship [...]
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