Gold Mountain Mining Corp. is pleased to announce that it has entered into an Ore Purchase Agreement with New Gold Inc. for a three-year term. HIGHLIGHTS: Gold Mountain will deliver ore to New Gold's New Afton Mine located 130km from the Company's Elk Gold Project in Kamloops, British Columbia. Pursuant to the OPA, New Gold has agreed to pay Gold Mountain in a timely manner based on the tonnes and grade of the ore [...]
Gold Mountain Mining Corp. is pleased to announce a signed definitive agreement with Nhwelmen-Lake LP, for contract mining services at the Elk Gold Project. HIGHLIGHTS: Gold Mountain will leverage the experience and expertise of Nhwelmen-Lake for mining and ore hauling services at the Elk Gold Property. Nhwelmen-Lake will be paid a fixed price per tonne mined at a price that's in line with the Company's Preliminary [...]
Freeform Capital Partners and Bayshore Minerals are pleased to announce the execution of an engagement letter with Canaccord Genuity pursuant to which Canaccord Genuity and Gravitas Securities have agreed to act as co-lead agents, on a best efforts basis, in connection with a private placement of subscription receipts for aggregate gross proceeds targeted to be $10,000,000. The issue price of the Subscription Receipts [...]