RosCan Gold Corp. is pleased to announce that, in connection with its previously announced overnight marketed public offering , it has determined to offer and sell 35,714,500 common shares at a price of $0.42 per Common Share for aggregate proceeds of approximately $15,000,090 . Closing of the Offering is expected to occur in early April, 2021 and is subject to regulatory approval, including that of the TSX Venture [...]
RosCan Gold Corp. is pleased to announce that it has launched an overnight marketed public offering of common shares of the Company . The Offering will be conducted through a syndicate of agents led by Clarus Securities Inc. The size of the Offering and the issue price of the Common Shares will be determined in the context of the market prior to the filing of the final short form prospectus in respect of the Offering. The [...]
RosCan Gold Corp. is pleased to announce the positive drill results at the Kandiole North discovery where the mineralized zone is expanding in size. We continue to increase depth extension and strike length at Kandiole North with high-grade intercepts and the mineralized zones remain open. We have extended gold mineralization down to 92m depth at Kandiole North. The Kandiole North gold mineralization trend appears to [...]
RosCan Gold Corp. is pleased to announce positive diamond drill results from an additional 8 holes totaling 2,797 meters at its Southern Mankouke Discovery. DDMan-20-89 intersected 4.78gpt over 24m from 7.5m including 32.9gpt over 2m which is a New Discovery Zone 150M West of the Main Mankouke South Discovery Area. This hole appears to outline another parallel system to Mankouke South and highlights the potential to [...]
RosCan Gold Corp. is pleased to announce that the Company has strategically expanded its land package of the Kandiole Project, by acquiring the permit to the immediate North-West of the Walia and Moussala major discoveries . This new permit, called Segondo West is a crucial additional 42km square kilometers to the Kandiole Project, for a total land package of 346.8 square kilometers, making Roscan one the largest land [...]
RosCan Gold Corp. is pleased to announce that Mr. Srinivasan Venkatakrishnan, has joined the Board of Directors of Roscan, as an Independent Non-Executive Director. Venkat a Mining Executive is widely known in the gold sector, where he built an exceptional 30+ year track record leading multinational organizations through transformative change, while fostering and maintaining relationships with investors, financiers, and [...]
RosCan Gold Corp. is pleased to announce positive Diamond and RC drill results from 23 holes totaling 4,158 metres at its Kabaya Target with multiple holes intersecting high gold grades over wide intervals. Drill hole DDDBS20-008 intersected 2.96 gpt over 30m starting from surface. Drill hole DDDBS20-009 intersected 2.38 gpt gold over 20m from 46m, Drill hole DDDBS20-006 intersected 2.66gpt over 17m from 166.2m and hole [...]
RosCan Gold Corp. is pleased to announce the Company has strategically expanded its land package by acquiring the property to the immediate West of the Mankouke Permit , which is a crucial additional 16km^2 to the Kandiole Project. It is clearly apparent, as shown in Figure 1, that the magnetic signature of the Siribaya-Mankouke-Seko Structure and the mineralization outlined in the Mankouke Trend extends over the newly [...]
RosCan Gold Corp. is pleased to announce that, further to the Company's news release of November 17, 2020, the Company has received additional proceeds of $1,990,640 from the exercise of warrants. The Company has increased its drill fleet to six with an additional Diamond Drill in January 2021 to adequately test all targets and their respective depth potential and dimensions. During 2020, the Company has received total [...]
RosCan Gold Corp. is pleased to announce positive diamond drill results from an additional 16 holes totaling 3,241 meters at its Southern Mankouke Discovery. DDMan-20-79 intersected 5.35 gpt over 53m from 126.5m, including 12.5 gpt over 12m. Additionally, hole DDMan-20-77 intersected 3.99 gpt over 17m from 166.3m in Fresh Rock . This very important discovery at Southern Mankouke has a strong magnetic signature and we plan [...]
Michael Gentile announces that he has filed an early warning report announcing the acquisition of 3,250,000 common shares in the capital of RosCan Gold Corp. through the exercise of 3,250,000 previously acquired Common Share purchase warrants with an exercise price of CAD$0.16 per Common Share. Prior to the completion of the Warrant, Gentile beneficially owned and controlled, directly or indirectly, an aggregate of [...]
RosCan Gold Corp. is pleased to announce that, further to the Company's news release of July 23, 2020, the Company has received additional proceeds of $3,672,082 from the exercise of additional warrants. During 2020, the Company has received total proceeds of $9,658,745 from the exercise of warrants. Of the remaining 38.9 million warrants that remain outstanding, 37.5 million of these warrants are currently in-the-money [...]
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