Karus Gold announces a 2023 gold exploration program, changes to Karus' board of directors and management and a grant of restricted share units. 2023 Exploration Program Karus will undertake a 2023 exploration program which it expects to begin in Q3. The program is expected to focus on target generation of several key upside structures to the FG [...]
Karus Gold Corp. announces the mutual termination of the arrangement agreement entered into with Kenadyr Metals on Dec 28, 2022 in respect of the proposed transaction with Kenadyr previously announced on December 30, 2022. Kenadyr was unable to raise sufficient capital to meet the closing conditions and complete the transaction. As a result [...]
Karus Gold Corp. provides an update on the proposed transaction with Kenadyr Metals Corp. as previously announced on December 30, 2022. Karus and Kenadyr continue to work to complete the Proposed Transaction and the definitive binding agreement between Karus and Kenadyr remains in force. Pursuant to the Agreement, Kenadyr will acquire 100% of the [...]
Further to the press releases of each of Karus Gold Corp. and Kenadyr Metals Corp., dated December 30, 2022, Eric Sprott announces that 2176423 Ontario Ltd., a company which he beneficially owns, has entered into a voting support agreement with Karus Gold and Kenadyr Metals Corp. in connection with an arrangement agreement between Karus Gold and [...]
Karus Gold Corp. announces it has entered into a definitive binding agreement to be acquired by Kenadyr Metals Corp. on the same terms previously announced on November 16, 2022. Per the Agreement, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus via a Kenadyr issuance of common shares resulting in a reverse takeover by [...]
Karus Gold Corp. announces it has signed a non-binding arm's length Letter of Intent to be acquired by Kenadyr Metals Corp. Per the LOI, Kenadyr will acquire 100% of the issued and outstanding common shares of Karus via a Kenadyr issuance of common shares resulting in a reverse takeover by Karus. The resulting issuer will be [...]
Karus Gold Corp. is pleased to announce that it has filed on SEDAR an independent technical report titled "Technical Report on the South Cariboo Property, British Columbia, Canada" effective June 1, 2022, and dated June 6, 2022. The Technical Report was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral [...]
Karus Gold Corp. announces submission of an updated listing application to the TSX Venture Exchange. Following review and approval by the TSX-V, Karus Gold shares will be listed on the TSX-V under the trading symbol "KARG". Karus Gold expects the listing process to be complete by the fall of 2022, subject to approval by the TSX-V. The Company also [...]
Karus Gold Corp. announces additional high-grade gold drill results including 13.9 meters of 3.01 grams per tonne gold within a broader interval of 74.3 m of 1.06 g/t gold confirming the presence of high-grade gold corridors below historical drilling at the FG Gold Project , part of the Company's 1,000 square kilometer South Cariboo Gold District [...]
Confirms Continuity of Higher-Grade Gold Corridor and Provides Corporate Update Karus Gold Corp. announces additional high-grade gold drill results from its 2021 drill program, including 17.87 meters of 2.23 grams per tonne gold within a broader interval of 59.35 m of 1.13 g/t gold. These results further confirm the presence of high-grade gold [...]
Proceeds to Advance the Company's South Cariboo District Gold Project All numbers reference are in Canadian dollars Karus Gold Corp. is pleased to announce that it has entered into an agreement with Eight Capital, on behalf of a group of agents to act as lead agent and sole bookrunner in connection with a private placement for aggregate gross [...]
Karus Gold Corp. announces additional high-grade gold drill results including 6.5 meters of 9.55 grams per tonne gold within a broader interval of 35.4 m of 2.94 g/t gold confirming the presence of new high-grade gold corridors below historical drilling at the FG Gold Project, part of the Company's 1,000 square kilometer South Cariboo Gold [...]