Karus Mining is pleased to announce that it has closed its private placement offering of 8,886,604 units, at an offering price of $0.85 per Unit, for aggregate gross proceeds of $7,553,613.50, including partial exercise by Stifel Canada of its over-allotment option in connection with the Offering. Each Unit is comprised of one common share in the [...]
Karus Mining Inc. is pleased to announce that due to investor demand, it has entered into an amended agreement with Stifel Canada to increase the size of its "best-efforts" marketed private placement offering to 8,236,000 units of the Company at a price of C$0.85 per Unit for gross proceeds to the Company of up to C$7,000,600 . Each Unit will be [...]
Karus Mining Inc. is pleased to announce that it has entered into an agreement with Stifel Canada to act as sole agent and bookrunner in connection with a "best-efforts" marketed private placement offering of 7,060,000 units of the Company at a price of C$0.85 per Unit for gross proceeds to the Company of up to C$6,001,000 . Each Unit will be [...]
Karus Mining Inc. is pleased to announce that at the Company's Annual General and Special Meeting held on December 5, 2025, the shareholders elected Michael Tucker as a director of the Company. "Mr. Tucker has added great value to the Company as an advisor and we are now thrilled to welcome him to the Board" commented Tony Cina, Chairman of the [...]
Karus Mining Inc. announces the appointment of a new Chief Executive Officer . Effective November 3, 2025, Mr. Jason Bahnsen assumed the role of CEO of Karus. Alex Gostevskikh has resigned as Interim CEO to focus on his other business interests. The Board of Directors wishes to thank Mr. Gostevskikh for his dedicated service and valuable [...]
Karus Mining Inc. announces that following recent changes to the Board of Directors , Karus is fast-tracking the re-start of exploration at the highly prospective district scale South Cariboo and Mineral Creek assets. The Board of Directors and Management of the Company have: Initiated search for a new CEO and supporting exploration team. Through [...]
Karus Mining Inc. announces the resignation of Alex Gostevskikh as a director, and the appointments of Mr. Scott Trebilcock and Mr. Andrew Kaip to its board of directors, and the engagement of Mr. Michael Tucker as a technical advisor to the board of directors. Chairman's Comments Tony Cina, Chairman of the Board, comments, "Scott, Andrew and [...]
Karus Mining Inc. is pleased to announce the appointment of Mr. Manni Buttar to its board of directors. Mr. Buttar replaces Sofia Tsakos who has resigned as a director. Alex Gostevskikh, CEO of Karus commented "On behalf of the Board and the Company's management team, we wish to thank Ms. Tsakos for her contributions to the Company and wish her all [...]
Karus Mining Inc. announces that a new Chief Financial Officer has been appointed. Effective today, Anil Jiwani has resigned as the Company's CFO, and Dave Cross has been appointed as his successor. The Company would like to thank Mr. Jiwani for his service to the Company. We are very fortunate to have added Dave Cross to the Karus team as CFO [...]
Karus Mining announces, further to its news release of March 13, 2024 regarding the completion of its amalgamation with Theia Gold, that it has issued an additional 2,661,936 common shares pursuant to certain contractual obligations of Theia. As a result, two persons are required to announce their share holdings in accordance with National [...]
Karus Mining is pleased to announce the appointment of Alex Gostevskikh as a Director and Chief Executive Officer of the Corporation. Alex Gostevskikh MSc MBA, is a geologist with over 30 years of experience in international mining and exploration for such commodities as gold, uranium, and base metals. He has extensive corporate experience through [...]
Karus Mining is pleased to announce, further to its news releases dated August 14, 2023, Dec 18, 2023, and February 14, 2024, the completion of its previously announced amalgamation with Theia Gold Corp. Pursuant to the terms of an amalgamation agreement dated Dec 13, 2023, as amended, the Amalgamation was completed by way of a three-cornered [...]