Gold State Resources announces that, further to its news release of April 14, 2022, it has closed the private placement of unsecured convertible debenture units for aggregate proceeds of $275,000. Pursuant to the Private Placement, 275 Convertible Debenture Units were issued at a price of $1,000 per Convertible Debenture Unit, each Convertible Debenture Unit consisting of $1,000 in principal of unsecured convertible [...]
Gold State Resources announces that, further to its news release of April 14, 2022, it intends to extend the close of the private placement of unsecured convertible debenture units to July 5, 2022. Pursuant to the Private Placement, Convertible Debentures will be issued at a price of $1,000 per Convertible Debenture Unit, for aggregate gross proceeds of up to $500,000. Each Convertible Debenture Unit will consist of [...]
Gold State Resources Inc. is pleased to announce that it has finalized the acquisition of the mineral claims comprising the Panteria copper-gold porphyry project from Peruvian Metals Corp. The Project is located approximately 210 km southeast of Lima, in the Huancavelica department, and is considered highly prospective for both copper-gold porphyry-style mineralization and high-level gold-silver epithermal mineralization [...]
Gold State Resources announces that it intends to complete a non-brokered private placement of unsecured convertible debenture units at a price of $1,000 per Convertible Debenture Unit, for aggregate gross proceeds of up to $500,000. Each Convertible Debenture Unit will consist of $1,000 in principal of unsecured convertible debentures and 6,666 common share purchase warrants of the Company. The Convertible Debentures [...]
Gold State Resources announces that, further to its news releases of Feb 15, 2022 and Feb 18, 2022, has amended a total of 15,085,000 outstanding share purchase warrants such that the Warrants will have a revised exercise price of $0.05 per common share and be subject to the Acceleration Clause described below. The Warrants were issued on Sept 21, 2020, pursuant to a private placement of units at $0.10 per Unit, each Unit [...]
Gold State Resources announces that it has agreed to settle an aggregate of $110,000 of debt through the issuance of common shares of the Company to certain arm's length creditors of the Company. Pursuant to the Debt Settlement, the Company would issue to the Creditors up to 2,200,000 common shares of the Company at a deemed price of $0.05 per Share. The Debt Settlement will help to preserve cash for general working [...]
Gold State Resources announces that, further to its news release of February 16, 2022, it wishes to clarify the terms of warrant amendments. The Company intends to amend the exercise price of 18,085,000 outstanding share purchase warrants such that the Warrants will have an exercise price of $0.05 and be subject to the Acceleration Clause described below. The Warrants were issued on September 21, 2020, pursuant to a [...]
Gold State Resources announces that it intends to amend the exercise price of 21,717,341 outstanding share purchase warrants such that the Warrants will have an exercise price of $0.05. An aggregate 18,085,000 of the Warrants were issued on September 21, 2020, pursuant to a private placement of units at $0.10 per Unit, each Unit consisting of one common share and one Warrant exercisable at $0.15 per Share. A total of [...]
Gold State Resources Inc. is pleased to provide an update to shareholders on the Company's projects. Panteria Project - Peru As announced in the Company's press release of November 23, 2021, the Company continues to complete its due diligence work on the Panteria Project. The project is located approximately 210 kilometres southeast of Lima, Peru, in the Huancavelica department and is considered highly prospective for [...]
Gold State Resources is pleased to announce that the Company, on November 22, 2021, has signed a binding letter of intent with Peruvian Metals Corp. to acquire a 100% interest in the Panteria copper-gold porphyry project. The project is located approximately 210 kilometres southeast of Lima, in the Huancavelica department and is considered highly prospective for both Cu-Au porphyry style mineralization and high-level [...]
Gold State Resources is pleased to announce the results of its annual general and special meeting held in Vancouver, on October 29, 2021. The shareholders approved all motions put forth at the AGM, including setting the number of directors at four and re-electing the directors, Wayne Tisdale, Brian Thurston, Trumbull Fisher and Michael Hopkinson. Mr. Fisher had tendered his resignation to the Board after his nomination [...]
Gold State Resources Inc. announces that it has changed its auditor from Davidson & Company LLP to WDM Chartered Professional Accountants, effective September 28, 2021. At the request of the Company, the Former Auditor resigned as auditor of the Company and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective September 28, 2021, until the next annual general meeting of [...]
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