Karus Gold Corp. is pleased to announce the appointment of Mr. Andrew Kaip as President and CEO effective immediately. As CEO, Mr. Kaip has also been appointed to the Board of Directors. Karus has also appointed Mr. David Whittle as Director and Chairman of the Audit Committee. Karus founder and Executive Chairman, James Hynes, commented, "On [...]
Karus Gold Corp. is pleased to announce that it will be conducting a rights offering to holders of its common shares at the close of business on the record date of Feb 8, 2021. The offering will be for 26,556,228 common shares to raise gross proceeds of CDN$3,983,434. The Rights Offering is being undertaken to provide funds for exploration [...]
Kore Mining Ltd. and Karus Gold Corp. are pleased to announce that they have closed the plan of arrangement previously announced on December 16, 2020, pursuant to which KORE has spun-out its Canadian assets to Karus Gold effective as of 12:01 a.m. on January 25, 2021. KORE CEO and Karus Gold Director, Scott Trebilcock commented, "Karus Gold is well [...]
Kore Mining Ltd. is pleased to announce that with respect to its special meeting of shareholders held today, all of the resolutions were duly passed, including the special resolution to approve the proposed plan of arrangement pursuant to which KORE will spin-out its British Columbia exploration assets to Karus Gold Corp. KORE CEO Scott Trebilcock [...]
Kore Mining Ltd. is pleased to provide an update on the proposed transfer of all of its British Columbia gold exploration assets into a newly incorporated company called Karus Gold Corp. Updates and Next Steps: Spin Out requires approval at the virtual KORE shareholder meeting on January 20, 2021 Meeting materials filed and mailed in late December [...]
Kore Mining Ltd. is pleased to announce plans to transfer all of its British Columbia gold exploration assets into a newly incorporated company: Karus Gold Corp. Highlights of Karus Gold: Unlocks value of BC assets for KORE shareholders through creation of Karus Gold Dominant 1,000 km2 land position in the emerging Cariboo Gold District with [...]