South Atlantic Gold Inc. is pleased to provide an exploration update and announce the commencement of mobilization for its fully funded Phase III diamond drill program at the Pedra Branca Gold Project in Ceara State, Brazil . The 5,000-metre, approximately C$ 3.0 million program will conduct diamond drilling across three targets. Douglas Meirelles, President & CEO, stated: "During this initial phase of the current [...]
South Atlantic Gold Inc. announces that Mr. Rick Brown has resigned from the Board of Directors, effective March 19, 2026. The Board thanks Mr. Brown for his valuable contributions during his tenure. His deep experience in Latin American mining was instrumental in advancing the Company's strategy at Pedra Branca. The Company also announces the appointment of Mr. Stephen Stow to the Board of Directors, effective March 19 [...]
South Atlantic Gold Inc. announces further to its news releases of February 13, 2026 and February 26, 2026, it has closed the non-brokered private placement offering for gross proceeds of C$4,200,000. The Offering consisted of the issuance of 84,000,000 common shares of the Company at a price of C$0.05 per Share. In connection with the Offering the Company paid aggregate finders' fees on externally sourced funds of [...]
South Atlantic Gold Inc. announces further to its news release of February 13, 2026, it has increased the non-brokered private placement offering for gross proceeds for up to C$4,200,000. The Offering will now consist of up to 84,000,000 common shares of the Company at a price of C$0.05 per Share. The Company may pay finders' fees of 6% cash and 6% finders warrants on externally sourced funds. Each Finder Warrant will [...]
South Atlantic Gold Inc. is pleased to announce a non-brokered private placement offering for gross proceeds of up to C$4,000,000. The Offering will consist of up to 80,000,000 common shares of the Company at a price of C$0.05 per Share. The Company may pay finders' fees of 6% cash and 6% finders warrants on externally sourced funds. Each Finder Warrant will entitle the holder to acquire one additional common share in the [...]
South Atlantic Gold Inc. is pleased to announce the filing of two new mineral exploration tenement applications with the Agência Nacional de Mineração in Ceará State, Brazil. These applications, covering a combined ~3,970 hectares, expand the Company's Pedra Branca land package to over 52,000 hectares and capture ground directly along trend with priority magnetic and structural features. Douglas [...]
South Atlantic Gold Inc. is pleased to announce two important developments: the acquisition of an extra 4.2k ha of UAV magnetic survey data followed by a comprehensive review of the cumulative total of all UAV data acquired to date at its Pedra Branca Project in Ceará State, Brazil, and the appointment of Mr. Matt Rees, P.Geo. as Technical Advisor to the Board. Douglas Meirelles, President and CEO of South Atlantic [...]
South Atlantic Gold Inc. , advises it has entered into a loan and unsecured promissory note agreement with a non-arms length party of the Company in the amount of $500,000. Proceeds from the Loan will provide short term working capital and funds to continue to develop the Company's Pedra Branca project. The Loan bears interest at 8% per annum and will mature 24 months from date of issue. The Lender is a related party of [...]
VANCOUVER, BC, June 27, 2025 /CNW/ - Trading resumes in: Company: South Atlantic Gold Inc. TSX-Venture Symbol: SAO All Issues: Yes Resumption : 3:00 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
South Atlantic Gold Inc. , announces that shareholders did not approve its previously announced amalgamation with ValOre Metals Corp. at the Company's shareholder meeting held earlier today . Following the Meeting, Valore and the Company mutually agreed to terminate the amalgamation agreement and consequently the amalgamation will not proceed. South Atlantic will continue to evaluate and review alternative opportunities [...]
ValOre Metals and South Atlantic Gold announced that, further to the joint news release of South Atlantic and ValOre dated May 16, 2025, the annual general and special meeting of the shareholders of South Atlantic, which was previously scheduled to be held on June 13, 2025 at 10:00 a.m., will now be held on June 27, 2025 at 10:00 a.m. at 301-1665 Ellis Street, Kelowna. South Atlantic, ValOre and 1529317 B.C. Ltd, a [...]
South Atlantic Gold is pleased to provide a general status update on its tenements and permitting status for the Pedra Branca project and the advances that have been made throughout this year. Highlights: Throughout the past 12 months, the Company has successfully submitted the ANMwith theNational Mining Agency of Brazil which provides the guidance rules of the Final Exploration Report for 3 tenements and has also [...]