Volcanic Gold Mines Inc.

Volcanic Gold Mines Inc. is pleased to announce that it has received final acceptance from the TSX Venture Exchange of the Option Agreement dated May 17, 2020 between Volcanic and Radius Gold Inc. for the Holly and Banderas gold-silver properties located in eastern Guatemala. Under the terms of the Option, Volcanic can earn a 60% interest in the Holly and Banderas properties by completing a minimum C$3 million financing [...]

Volcanic Gold Mines Inc. is pleased to provide an update on its option to acquire a 60% interest in the Holly and Banderas Properties in Guatemala from Radius Gold Inc. Volcanic is now preparing to commence the permitting work which is required as part of preparations for a drill program at the Properties. Under the terms of the Option, Volcanic can earn a 60% interest in the Holly and Banderas Properties by completing a [...]

Volcanic Gold Mines Inc. is pleased to announce that is has closed its previously announced non-brokered private placement with the issuance of 20,000,000 units at $0.25 per Unit, for aggregate gross proceeds of $5 million. Roth Capital Partners acted as financial advisor in the Private Placement. Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each [...]

Volcanic Gold Mines Inc. reports on the status of its previously announced Option Agreement with Radius Gold Inc. to earn a 60% interest in the Holly and Banderas Properties located in Eastern Guatemala. The Company has received conditional approval of the transaction from the TSXV-V, and is in the process of completing the Exchange's final filing requirements. The Company has filed a title opinion on the licences [...]

Volcanic Gold Mines Inc. is pleased to report that further to its news release of June 4, 2020, its proposed non-brokered private placement has been increased from $3.0 million to $5.0 million. The Private Placement will now consist of 20,000,000 units of Volcanic at a price of $0.25 per Unit for total proceeds of $5.0 million. Volcanic is also pleased to announce that Silvercorp Metals Inc. has indicated its intent to [...]

Volcanic Gold Mines is pleased to announce a proposed non-brokered private placement of a minimum of 12,000,000 units of Volcanic at a price of $0.25 per unit for proceeds of a minimum of $3,000,000. Each Unit will consist of one common share and one-half of one Common Share purchase warrant. Each whole Warrant will entitle the holder to purchase one Common Share at a price of $0.30 for a term of 24 months following the [...]

Volcanic Gold Mines Inc. is pleased to announce that the Company has executed an Option Agreement with Radius Gold Inc. to earn into a large land position in Eastern Guatemala. Under the terms of the Option, which are subject to TSX Venture Exchange approval, Volcanic can earn a 60% interest in the Holly and Banderas Properties by completing a minimum C$3 million financing and spending US$7.0 million on exploration of the [...]

Volcanic Gold Mines is pleased to announce that Charles Straw and Michael Povey have been appointed to the Board of Directors of the Company and as Chief Executive Officer and Chairman, respectively. Simon Ridgway will continue as a Director, and Jeremy Crozier has stepped down from the Board. Charles Straw is an economic geologist with over 20 years of global experience in the mining and natural resource industries. He [...]

Volcanic Gold Mines is pleased to announce that it has closed its previously announced private placement financing with the issuance of 1,500,000 units at $0.25 per unit, for proceeds of $375,000. Each unit consists of one common share and one warrant entitling the holder to purchase one additional common share of the Company at $0.35 for one year from closing. The common shares and warrants issued in the placement are [...]

Volcanic Gold Mines Inc. reports that it has completed its previously announced debt settlement transaction by issuing 3,840,620 common shares at a deemed price of $0.05 per share to settle a total of $192,031 in debt. The common shares issued have a resale restriction which expires on July 27, 2019. About Volcanic Volcanic brings together an experienced and successful mining, exploration and capital markets team focused [...]