Outback Goldfields Corp. reminds owners of Skarb Exploration Corp. common shares to exchange their common shares to receive Outback Goldfields Corp. common shares. On December 11, 2020, the Company completed its previously-announced 3-for-1 share consolidation. In connection with the Consolidation, Odyssey Trust Company has sent a letter of transmittal to registered shareholders which must be completed in order for them [...]
Outback Goldfields Corp. is pleased to announce the commencement of a Phase 1 exploration program on its highly prospective gold projects located in the historic Victorian goldfields of Australia. Highlights of the Phase 1 Drill Program 4,000 meters of diamond drilling planned Community engagement initiatives are underway Multiple ground and airborne-based geophysical surveys and soil geochemical surveys planned "We are [...]
Petratherm Limited announces that it has filed an early warning report announcing that, on December 15, 2020, Petratherm acquired 33,333,333 common shares of Outback Goldfields Corp. pursuant to an asset purchase agreement dated October 9, 2020 between Petratherm and the Issuer. Prior to the Acquisition, Petratherm did not hold any securities of the Issuer. Following the Acquisition, Petratherm owns 33,333,333 common [...]
Outback Goldfields Corp. is pleased to announce that it will resume trading on the Canadian Securities Exchange at market open today under the new trading symbol OZ. The following are some highlights of Outback's activities over the past month: November 16th, Outback completed a private placement raising approximately $11.4M. December 9th, 2020 the Company changed its name to Outback Goldfields Corp. from Skarb [...]
Outback Goldfields Corp. is pleased to announce that it has completed its acquisition of certain gold projects located in Victoria, Australia from Petratherm Ltd. , as described in the Company's news releases dated August 25, 2020 and October 15, 2020. "This is a transformative event for Outback. After months of diligence, the Company is finally in a position to start exploring for high grade gold in the Victorian [...]
Skarb Exploration Corp. is pleased to announce that it has changed its corporate name to Outback Goldfields Corp. The Company will trade on the CSE under the symbol "OZ" upon completion of the previously-announced transaction with Petratherm Ltd. and resumption of trading. The Company also announces that it has completed the consolidation of its issued and outstanding common shares on the basis of one post consolidated [...]
Skarb Exploration Corp. is pleased to announce that Ms. Penny Jaski will join the board of Outback Goldfields Australia Corp.and will act as Director, Community and Government Relations. The company is also pleased that Christopher Leslie will be joining the technical team as Senior Consulting Geologist. “Modern exploration and mining demands that relationships with the local community, traditional owners, governments and [...]
Skarb Exploration Corp. announces the results of the Annual General Meeting held on November 19th, 2020 and is pleased to report that mining industry veteran, Eric Zaunscherb, has agreed to join the board of directors. AGM Results. All the motions presented to the shareholders were approved. Of note: The Company intends to rename the company, Outback Goldfields Corp., and expects a corresponding trading symbol chang. The [...]
Skarb Explorationis pleased to report that it has closed the non-brokered private placement previously announced on October 15, 2020. Due to significant demand, the original $6,000,000 financing was upsized to C$11,406,000. President and CEO, Chris Donaldson stated “The Company is now well-funded for drilling and exploration on the four key Fosterville goldfield properties we intend to acquire shortly. The response to [...]
Skarb Exploration Corp. is pleased to announce that Mr. Peter Reid has been appointed as Senior Technical Advisor and it has also engaged Mars Investor Relations as its investor relations team effective November 1, 2020. “We are extremely pleased that Peter Reid has agreed to join our team to provide technical geological support to our efforts in Australia. Peter is a visionary geologist who spearheaded the efforts to [...]
Skarb Exploration Corp. is pleased to announce a non-brokered private placement of up to 30,000,000 units at a price of C$0.20 per Unit for gross proceeds of up to C$6,000,000. Each Unit will consist of one common share of the Company and a half of one warrant. Each Warrant will entitle the holder to purchase one additional Share at a price of C$0.50 for a period of 24 months from the date of issuance. The Warrants will [...]