South Atlantic Gold Inc.

Kelowna, August 2, 2023 - Phoenix Gold Fund Limited of Kuala Lumpur, Malaysia, announces that as a result of the increase in the issued and outstanding shares of South Atlantic Gold Inc. due to the closing of a non-brokered private placement event by the Issuer, Phoenix no longer holds over 10% of the issued and outstanding shares of the Issuer. Prior to the event, Phoenix owned 10,000,000 common shares of the Issuer [...]

Vancouver, July 31, 2023 - South Atlantic Gold Inc. is pleased to announce that it has completed the previously announced non-brokered private placement offering for gross proceeds of $512,040 to the Company. The Offering consisted of 8,533,999 common shares of the Company at a price of $0.06 per Common Share. The proceeds of the Offering will be used to continue to advance the Company's due diligence on the proposed [...]

Vancouver, July 11, 2023 - South Atlantic Gold Inc. is pleased to announce a non-brokered private placement offering for gross proceeds of up to C$510,000. The Offering will consist of up to 8.5 million common shares of the Company at a price of C$0.06 per Common Share. The proceeds of the Offering will be used to advance the Company's due diligence on its proposed acquisition of the Tucano Gold Mine in Brazil, as [...]

VANCOUVER, BC, July 5, 2023 /CNW/ - Trading resumes in: Company: South Atlantic Gold Inc. TSX-Venture Symbol: SAO All Issues: Yes Resumption : 11:30 AM 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 [...]

July 5th - Vancouver, British Columbia - South Atlantic Gold Inc. is pleased to announce that it has manifested and granted priority hearing under the Judicial Reorganization Process of Mina Tucano Ltda., Beadell Pty Ltd., and Beadell Pty Ltd., with the objective to investigate and potentially negotiate the acquisition of the Tucano Gold Mine , being the only exchange listed company to have officially filed interest into [...]

VANCOUVER, BC, July 5, 2023 /CNW/ - The following issues have been halted by CIRO Company: South Atlantic Gold Inc. TSX-Venture Symbol: SAO All Issues: Yes Reason: Pending News Halt Time : 9:26 AM 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 [...]

Kelowna, May 11, 2023 - South Atlantic Gold Inc. announces that, in accordance with its Option Plan and Long-Term Incentive Plan the Company has granted an aggregate 1,810,000 stock options , 180,000 restricted share units and an aggregate 2,360,000 deferred share units to certain directors, officers, employees and consultants of the Company subject to regulatory acceptance. The grants are pursuant to the Company's Plan [...]

Kelowna, March 21, 2023 - South Atlantic Gold Inc. has completed the previously announced financing wherein the Company has issued today 5,100,000 common shares at a price of $0.05 for gross proceeds of $255,000 . Certain Insiders of the Company participated in the Offering for an aggregate amount of 200,000 Common Shares. Such participation is considered a related party transaction within the meaning of Multilateral [...]

Vancouver, March 22, 2023 - Atco Mining Inc. is pleased to announce that it expects to receive final interpreted results from its recently completed airborne gravity survey shortly. Preliminary data from the airborne gravity survey recently conducted on its 100%-owned salt projects, located within the St. George's Bay Basin in southwestern Newfoundland, revealed that three high-priority oval-shaped gravity anomaly targets [...]

Kelowna, March 3, 2023 - South Atlantic Gold Inc. reports today that it has entered into a further amendment effective February 28, 2023 to the previously announced property option agreement dated November 4, 2022 and subsequent first amendment dated January 4, 2023 with Quetzal Copper Limited to divest the Company's 100% interest in the Big Kidd Project. Under the terms of the Second Amendment the Company has agreed to [...]