G2 Goldfields Inc. is pleased to announce that it has closed its previously announced "bought deal" public offering of common shares of the Company for aggregate gross proceeds of $13,800,000 . Pursuant to the Offering, the Company issued 17,250,000 Shares at a price of $0.80 per Share, which included the full exercise of the over-allotment option by the Underwriters . The Offering was conducted by a syndicate of [...]
G2 Goldfields Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Cormark Securities Inc. pursuant to which the Underwriters have agreed to purchase on a "bought deal" basis 15,000,000 common shares of the Company at a price of C$0.80 per Share for aggregate gross proceeds of approximately C$12 million . The Underwriters also have an option to purchase that number of [...]
G2 Goldfields Inc. announces that it has granted an aggregate of 750,000 options to certain officers and consultants of the Company with such options being exercisable at a price of $0.85 per share until March 3, 2026 and vesting over 18 months from the date of grant. The grant of options is subject to the approval and requirements of the TSX Venture Exchange. About G2 Goldfields Inc. The G2 Goldfields team is comprised [...]
G2 Goldfields Inc. announces additional assay results from drilling at the OKO Main Zone on the Company's 19,200-acre OKO project, Guyana. G2 published a maiden resource estimate on the OMZ in April 2022 [see press release dated April 25, 2022] and has since completed an additional 36 diamond drill holes totalling 13,279 metres. Drilling has focused on expanding the MRE by targeting: Expansion to the strike of mineralization of Shears 3, 4 & 5 together which [...]
G2 Goldfields Inc. announces additional assay results from the ongoing drill program at the Company's newly discovered Ghanie Zone located within G2's 19,200-acre OKO Project, Guyana. The Ghanie area is the second significant discovery made by G2 and lies between the Company's OKO Main Zone and Reunion Gold's Block 4 discovery. Diamond drilling has continued to intersect significant near surface disseminated gold [...]
G2 Goldfields Inc. announces that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada, other than Québec. This follows the completion of a regulatory review of the preliminary base shelf prospectus, which was filed on October 5, 2022. The Shelf Prospectus will allow the Company to make offerings of up to $50 million of any [...]
G2 Goldfields Inc. announces that drilling at its 19,200-acre OKO gold project has intersected a new surface zone of broad disseminated gold mineralization. In addition, mechanical trenching over 500m to the north of this new drill intersection has exposed wide zones of stockwork style mineralization within similar host rocks, from which considerable amounts of free gold have been observed in pan concentrates. These [...]
G2 Goldfields Inc. announces that it has granted an aggregate of 750,000 options to certain directors and an officer of the Company with such options being exercisable at a price of $0.75 per share until November 23, 2025 and vesting over 18 months from the date of grant. The grant of options is subject to the approval and requirements of the TSX Venture Exchange. About G2 Goldfields Inc. The G2 Goldfields team is [...]
G2 Goldfields Inc. is pleased to report additional high-grade drilling results from the Company's 19,200-acre OKO project, Guyana. The Company has completed 151 holes to date with an additional ten holes reported hereunder. Drilling continues to focus on defining and expanding the OKO Main Zone as well as exploring high value regional targets on the Company's extensive land package. OMZ Drilling The OKO Main Zone [...]
G2 Goldfields Inc. announces that it has granted an aggregate of 3,000,000 options to officers and directors of the Company with such options being exercisable at a price of $0.75 per share until November 8, 2025 and vesting over 18 months from the date of grant. The grant of options is subject to the approval and requirements of the TSX Venture Exchange. About G2 Goldfields Inc. The G2 Goldfields team is comprised of [...]
G2 Goldfields Inc. is pleased to announce Mr. Torben Michalsen will be joining the Company as Chief Operating Officer commencing November 2022. Previously as Construction Manager at GCM Mining, Mr. Michalsen was responsible for developing the Toroparu Project, Guyana. During his tenure as Construction Superintendent at IAMGOLD , Mr. Michalsen led the design optimisation of Saramacca, Rosebel Gold Mines. Mr. Michalsen is [...]
)G2 Goldfields Inc. continues to expand and define high grade gold mineralization at the Company's 19,200-acre OKO project, Guyana. The Company has completed 131 diamond drill holes to date of which a further eight holes are reported herein. Drilling is focussing on expanding and further defining the Company's initial resource estimate of 974,000 oz inferred and 220,000 oz indicated . G2 Goldfields intends to release an [...]
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