Generic Gold Corp. announces that, further to its press release of March 25, 2019, it has agreed with OG DNA Genetics Inc. to terminate the previously announced reverse takeover transaction with OG DNA. In connection with the termination of the transaction, OG DNA will pay to the Company a termination fee of $100,000. The Company will issue a further news release in respect of the reinstatement of trading of its common [...]
OG DNA Genetics Inc. , a globally recognized leading cannabis brand, and Generic Gold Corp. are pleased to announce that they have entered into a definitive agreement to complete their previously announced business combination . Upon completion of the Proposed Transaction, the securityholders of DNA will hold substantially all of the outstanding securities of Generic Gold , and the Resulting Issuer will carry on the [...]
OG DNA Genetics Inc. , a globally recognized leading cannabis brand, and Generic Gold Corp. announced today that they have entered into a letter of intent pursuant to which, among other things, DNA proposes to complete a reverse take-over of Generic Gold and the securityholders of DNA will hold substantially all of the outstanding securities of Generic Gold following the Proposed Transaction . "This is an important [...]
Generic Gold Corp. announces that Donald Christie has resigned as Chief Financial Officer and director of the Company, and that Bruce Durham has resigned as a director of the Company, effective immediately. The Company would like to thank Messrs. Christie and Durham for their respective contributions to the Company and wish them all the best in their future endeavours. The Company is pleased to announce that Mr. Kelly [...]
Generic Gold Corp. announces the results of a reverse circulation drill program on its VIP property in Yukon, Canada. The drill program consisted of 1,090 metres in 11 shallow drillholes testing several multiparameter targets on the property. The majority of the program was focused on an area known as the Redbull Zone, on which the Company has completed several preparatory exploration campaigns including soil sampling [...]
Generic Gold Corp. is pleased to announce the initiation of a reverse circulation drill program on its Goodman property in Yukon, Canada. The drilling program will consist of approximately 400 metres testing coincident geophysical and geochemical anomalies that occur within and at the margin of the Murphy Intrusion. This intrusive body, inferred from airborne geophysics and prospecting, is approximately 5 by 1.5 [...]
Generic Gold Corp. is pleased to provide an update on its recently completed reverse circulation drill program on its VIP property in Yukon, Canada. President and CEO, Kelly Malcolm commented: "During the first ever drill program on the VIP property, Generic completed 1,090 metres in 11 shallow drillholes testing the Redbull, Monster and Rockstar Zones. I am very excited about the geology and mineralization we've [...]
Generic Gold Corp. is pleased to announce that a drill and field crews have mobilized to the VIP property to initiate a reverse circulation drilling program along with regional generative exploration work. President and CEO, Kelly Malcolm commented: "We are very excited to begin drilling on the VIP project, which is the first time this property has ever been drill tested. The VIP project has been a high priority since the [...]
Generic Gold is pleased to announce that further to its press release of June 11, 2018 announcing a proposed private placement of up to 1,666.666 flow-through units of Generic Gold, it has completed the first tranche of a private placement of 1,050,000 Flow-Through Units at a price of $0.30 per Flow-Through Unit for proceeds of $315,000. Each Flow-Through Unit is comprised of one common share of Generic Gold and one [...]
Generic Gold announces that it intends to complete a proposed private placement offering of up to 1,666,666 flow-through units of Generic Gold at a price of $0.30 per Flow-Through Unit for gross proceeds of up to $500,000. Each Flow-Through Unit will be comprised of one common share and one Common Share purchase warrant, each Warrant entitling the holder thereof to acquire a Common Share at a price of $0.50 per Common [...]
Generic Gold is pleased to announce the identification of seven regional gold targets on its VIP Property during a structural analysis and interpretation of Company airborne magnetic geophysical and government regional geological data. The 100% owned VIP Project covers an area of roughly 17 x 13 km, located 120 kilometres south of Dawson City, and is accessible by helicopter, nearby fixed wing aircraft airstrips, and [...]
Generic Gold is pleased to announce the acquisition of the Summit gold property from GoldStrike Resources. Summit was staked by Nevada Zinc in 2010 and has been under option to Goldstrike since 2011. Goldstrike explored the Project over three field seasons, consisting of soil sampling, prospecting, ground geophysics, and mechanical trenching, and returned the property to Generic Gold on April 10, 2018. Summit is located [...]
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